Naturgy Chile Gas NaturalXSGO:NTGCLGAS 58 Operating Margin % is 21.38% as of Mar. 2026, which is 10% below its 10-year median of 23.82. GuruFocus rates XSGO:NTGCLGAS with a GF Score™ of 58/100 and a GF Value™ of CLP372.40 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 500 Utilities - Regulated companies, Naturgy Chile Gas Natural ranks better than 87.4% on this metric.
Naturgy Chile Gas Natural SA operating margin is expanding. Margin expansion is usually a good sign.
The historical rank and industry rank for Naturgy Chile Gas Natural's Operating Margin % or its related term are showing as below:
XSGO:NTGCLGAS'
s Operating Margin % Range Over the Past 10 Years
Min: 7.18 Med: 23.82 Max: 48.73
Current: 31.68
XSGO:NTGCLGAS's Operating Margin % is ranked better than 87.4% of 500
companies
in the Utilities - Regulated industry
Industry Median: 14.89
vs XSGO:NTGCLGAS: 31.68
Naturgy Chile Gas Natural (XSGO:NTGCLGAS) Operating Margin % Explanation
Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.
Be Aware
Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).
If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.
For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokias Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).
Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.
Naturgy Chile Gas Natural Operating Margin % Related Terms
Naturgy Chile Gas Natural Operating Margin % Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Naturgy Chile Gas Natural Operating Margin % Chart
XSGO:NTGCLGAS vs SRE: Operating Margin % Comparison
For the Utilities - Diversified subindustry, Naturgy Chile Gas Natural's Operating Margin %, along with its competitors' market caps and Operating Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Naturgy Chile Gas Natural Operating Margin % vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Naturgy Chile Gas Natural's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Naturgy Chile Gas Natural's Operating Margin % falls into.
Naturgy Chile Gas Natural Operating Margin % Calculation
Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.
Naturgy Chile Gas Natural's Operating Margin % for the fiscal year that ended in Dec. 2025 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Naturgy Chile Gas Natural (XSGO:NTGCLGAS) has a Operating Margin % of 21.38% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Naturgy Chile Gas Natural and its competitors. This is 10% below median its historical median of 23.82. Over the past decade, Naturgy Chile Gas Natural's Operating Margin % has ranged from 7.18 to 48.73. According to the industry distribution chart, Naturgy Chile Gas Natural ranks #63 out of 500 companies in the Utilities - Regulated industry, placing it in the top 12.6%.
Is Naturgy Chile Gas Natural's Operating Margin % too high?
Naturgy Chile Gas Natural's current Operating Margin % of 21.38% is 10% below median its 10-year median of 23.82. Over the past 10 years, this metric has ranged from a low of 7.18 to a high of 48.73. The Utilities - Regulated industry median Operating Margin % is 14.89. Naturgy Chile Gas Natural's value of 21.38% is 43.6% above this industry median. Based on the distribution chart, Naturgy Chile Gas Natural ranks #63 out of 500 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, Naturgy Chile Gas Natural has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Naturgy Chile Gas Natural's Operating Margin % compare to SRE?
According to the Utilities - Regulated industry distribution chart, Naturgy Chile Gas Natural ranks #63 out of 500 companies for Operating Margin %. This places Naturgy Chile Gas Natural in the top 13% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 14.89. Naturgy Chile Gas Natural's value of 21.38% is 43.6% above this benchmark. Historically, Naturgy Chile Gas Natural's own Operating Margin % has ranged from 7.18 to 48.73 over the past decade. While the company's 10-year median is 23.82 vs. the industry median of 14.89, Naturgy Chile Gas Natural has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Operating Margin % for an Utilities - Regulated company?
The median Operating Margin % among Utilities - Regulated companies is 14.89, based on 500 companies in the industry. Companies in the top quartile (top 25%) have a Operating Margin % significantly above this median, while those in the bottom quartile fall well below. However, Operating Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Naturgy Chile Gas Natural's current Operating Margin % of 21.38% is 43.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Operating Margin % mean?
A high Operating Margin % can signal that a stock is expensive relative to its fundamentals. Operating margin is the ratio of total operating income to net sales. View historical data on Naturgy Chile Gas Natural and its competitors. For the Utilities - Regulated industry, the median Operating Margin % is 14.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Naturgy Chile Gas Natural's current Operating Margin % is 21.38%, which is 10% below median its own 10-year median of 23.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Naturgy Chile Gas Natural stock overvalued right now?
Based on GuruFocus' analysis, Naturgy Chile Gas Natural (XSGO:NTGCLGAS) is currently considered Significantly Overvalued. The stock's GF Value™ is CLP372.40, compared to a current price of CLP596.90 — trading 60.3% above its estimated fair value. The current Operating Margin % is 21.38%, which is 10% below median its 10-year median of 23.82 and 43.6% above the Utilities - Regulated industry median of 14.89. Naturgy Chile Gas Natural's overall GF Score™ is 58/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Margin % calculated?
Operating Margin % is calculated from a company's financial statements. For Naturgy Chile Gas Natural (XSGO:NTGCLGAS), the current Operating Margin % is 21.38% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Naturgy Chile Gas Natural (XSGO:NTGCLGAS) Overvalued in 2026?
Based on GuruFocus' analysis, Naturgy Chile Gas Natural stock appears to be overvalued.
The current stock price of CLP596.90 is trading 60.3% above its estimated GF Value™ of CLP372.40.
GuruFocus considers Naturgy Chile Gas Natural to be Significantly Overvalued.
Key valuation signals for XSGO:NTGCLGAS:
Operating Margin %: 21.38% (10% below median its 10-year median of 23.82)
GF Value™: CLP372.40 vs. price of CLP596.90 (60.3% above fair value)
Industry Position: 43.6% above the Utilities - Regulated median (#63 of 500)
No single metric tells the full story. See the XSGO:NTGCLGAS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Naturgy Chile Gas Natural SA engages in the generation, distribution, and maintenance of electricity. The company also sells liquefied gas and natural gas in Chile, Colombia, and Argentina.
58GF Score
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