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Mining and Metallurgical Company NORILSK NICKEL PJSC (FRA:NNIC) Operating Margin % : 40.63% (As of Dec. 2023)


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What is Mining and Metallurgical Company NORILSK NICKEL PJSC Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Mining and Metallurgical Company NORILSK NICKEL PJSC's Operating Income for the six months ended in Dec. 2023 was €2,701 Mil. Mining and Metallurgical Company NORILSK NICKEL PJSC's Revenue for the six months ended in Dec. 2023 was €6,646 Mil. Therefore, Mining and Metallurgical Company NORILSK NICKEL PJSC's Operating Margin % for the quarter that ended in Dec. 2023 was 40.63%.

Warning Sign:

PJSC Mining & Metallurgical Co Norilsk Nickel operating margin has been in a 5-year decline. The average rate of decline per year is -2.7%.

The historical rank and industry rank for Mining and Metallurgical Company NORILSK NICKEL PJSC's Operating Margin % or its related term are showing as below:

FRA:NNIC' s Operating Margin % Range Over the Past 10 Years
Min: 36.63   Med: 43.93   Max: 53.88
Current: 39.98


FRA:NNIC's Operating Margin % is ranked better than
94.99% of 859 companies
in the Metals & Mining industry
Industry Median: 2 vs FRA:NNIC: 39.98

Mining and Metallurgical Company NORILSK NICKEL PJSC's 5-Year Average Operating Margin % Growth Rate was -2.70% per year.

Mining and Metallurgical Company NORILSK NICKEL PJSC's Operating Income for the six months ended in Dec. 2023 was €2,701 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was €5,294 Mil.


Mining and Metallurgical Company NORILSK NICKEL PJSC Operating Margin % Historical Data

The historical data trend for Mining and Metallurgical Company NORILSK NICKEL PJSC's Operating Margin % can be seen below:

* 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.

* Premium members only.

Mining and Metallurgical Company NORILSK NICKEL PJSC Operating Margin % Chart

Mining and Metallurgical Company NORILSK NICKEL PJSC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 51.70 43.48 53.88 45.87 39.94

Mining and Metallurgical Company NORILSK NICKEL PJSC Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Operating Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 49.16 48.36 43.04 39.24 40.63

Competitive Comparison of Mining and Metallurgical Company NORILSK NICKEL PJSC's Operating Margin %

For the Other Industrial Metals & Mining subindustry, Mining and Metallurgical Company NORILSK NICKEL PJSC'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.


Mining and Metallurgical Company NORILSK NICKEL PJSC's Operating Margin % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Mining and Metallurgical Company NORILSK NICKEL PJSC's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Mining and Metallurgical Company NORILSK NICKEL PJSC's Operating Margin % falls into.



Mining and Metallurgical Company NORILSK NICKEL PJSC 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.

Mining and Metallurgical Company NORILSK NICKEL PJSC's Operating Margin % for the fiscal year that ended in Dec. 2023 is calculated as

Operating Margin %=Operating Income (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=5277.335 / 13213.053
=39.94 %

Mining and Metallurgical Company NORILSK NICKEL PJSC's Operating Margin % for the quarter that ended in Dec. 2023 is calculated as

Operating Margin %=Operating Income (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=2700.565 / 6646.416
=40.63 %

* 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.


Mining and Metallurgical Company NORILSK NICKEL PJSC  (FRA:NNIC) 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 Nokia’s 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.


Mining and Metallurgical Company NORILSK NICKEL PJSC Operating Margin % Related Terms

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Mining and Metallurgical Company NORILSK NICKEL PJSC (FRA:NNIC) Business Description

Traded in Other Exchanges
Address
15, 1st Krasnogvardeysky Drive, Moscow, RUS, 123100
PJSC Mining & Metallurgical Co Norilsk Nickel is a metal and mining company engaged in activities such as exploration, extraction, refining of ore and nonmetallic minerals, and sale of base and precious minerals. The company is organized into seven operating business segments: GMK Group, South Cluster, KGMK Group, NN Harjavalta, GRK Bystrinskoye, other mining, and other nonmetallurgical. The majority of the company's revenue is derived from the GMK Group segment which includes mining, processing and other metallurgy operations, and sale of precious metals. More than half the company's consolidated revenue is earned from the sale of metals to customers in Europe.

Mining and Metallurgical Company NORILSK NICKEL PJSC (FRA:NNIC) Headlines

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