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EQGP Holdings LP (EQGP Holdings LP) Operating Margin % : 63.34% (As of Sep. 2018)


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What is EQGP Holdings LP Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. EQGP Holdings LP's Operating Income for the three months ended in Sep. 2018 was $231 Mil. EQGP Holdings LP's Revenue for the three months ended in Sep. 2018 was $365 Mil. Therefore, EQGP Holdings LP's Operating Margin % for the quarter that ended in Sep. 2018 was 63.34%.

The historical rank and industry rank for EQGP Holdings LP's Operating Margin % or its related term are showing as below:


EQGP's Operating Margin % is not ranked *
in the Oil & Gas industry.
Industry Median: 7.96
* Ranked among companies with meaningful Operating Margin % only.

EQGP Holdings LP's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

EQGP Holdings LP's Operating Income for the three months ended in Sep. 2018 was $231 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Sep. 2018 was $736 Mil.


EQGP Holdings LP Operating Margin % Historical Data

The historical data trend for EQGP Holdings LP'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.

EQGP Holdings LP Operating Margin % Chart

EQGP Holdings LP Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Operating Margin %
Get a 7-Day Free Trial 69.15 67.99 70.94 71.23 69.26

EQGP Holdings LP Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
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 70.37 63.98 76.07 66.85 63.34

Competitive Comparison of EQGP Holdings LP's Operating Margin %

For the Oil & Gas Integrated subindustry, EQGP Holdings LP'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.


EQGP Holdings LP's Operating Margin % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, EQGP Holdings LP's Operating Margin % distribution charts can be found below:

* The bar in red indicates where EQGP Holdings LP's Operating Margin % falls into.



EQGP Holdings LP 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.

EQGP Holdings LP's Operating Margin % for the fiscal year that ended in Dec. 2017 is calculated as

Operating Margin %=Operating Income (A: Dec. 2017 ) / Revenue (A: Dec. 2017 )
=577.693 / 834.096
=69.26 %

EQGP Holdings LP's Operating Margin % for the quarter that ended in Sep. 2018 is calculated as

Operating Margin %=Operating Income (Q: Sep. 2018 ) / Revenue (Q: Sep. 2018 )
=230.919 / 364.584
=63.34 %

* 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.


EQGP Holdings LP  (NYSE:EQGP) 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.


EQGP Holdings LP Operating Margin % Related Terms

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EQGP Holdings LP (EQGP Holdings LP) Business Description

Traded in Other Exchanges
N/A
Address
EQT GP Holdings LP is a US-based growth-oriented limited partnership formed by EQT Corporation to own, operate, acquire and develop midstream assets in the Appalachian Basin. It is an integrated energy company with an emphasis on natural gas production, gathering, and transmission. It conducts its business through two segments, EQT Production, and EQT Midstream. EQT Production is natural gas producers in the Appalachian Basin. EQT Midstream provides transmission, storage and gathering services for EQT's produced gas and to third parties in the Appalachian Basin. The company's operations and all its assets are located in the continental United States.
Executives
Phillip D. Swisher officer: VP & Chief Accounting Officer 625 LIBERTY AVENUE, SUITE 2000, PITTSBURGH PA 15222
David L Porges director 700 UNIVERSE BLVD, C/O NEXTERA ENERGY, INC., JUNO BEACH FL 33408
Diana M Charletta director, officer: EVP & Chief Operating Officer 2200 ENERGY DRIVE, CANONSBURG PA 15317
Kenneth Michael Burke director 11742 RIVERVIEW DRIVE, HOUSTON TX 77007
Eqt Corp 10 percent owner 625 LIBERTY AVENUE, SUITE 1700, PITTSBURGH PA 15222
Kirk R Oliver director, officer: SVP & Chief Financial Officer 1601 BRYAN STREET, DALLAS TX 75201
Stephen A Thorington director 700 MILAM, SUITE 3100, HOUSTON TX 77002
Thomas F Karam director, officer: President & CEO C/O SOUTHERN UNION CO, ONE PEI CENTER, WILKES BARRE PA 18711-0601
Ashcroft Jeremiah J Iii director, officer: President & CEO ONE GREENWAY PLAZA, SUITE 600, HOUSTON TX 77046
Jimmi Sue Smith officer: Chief Accounting Officer 625 LIBERTY AVENUE, SUITE 1700, C/O EQT CORPORATION, PITTSBURGH PA 15222
Theresa Z Bone officer: VP Finance and CAO 225 NORTH SHORE DRIVE, PITTSBURGH PA 15212
Robert Joseph Mcnally director, officer: Sr. Vice President and CFO 625 LIBERTY AVENUE, SUITE 1700, C/O EQT CORPORATION, PITTSBURGH PA 15222
Steven T Schlotterbeck director 625 LIBERTY AVENUE, SUITE 1700, C/O EQT CORPORATION, PITTSBURGH PA 15222
Lewis B Gardner director 625 LIBERTY AVENUE, SUITE 1700, C/O EQT CORPORATION, PITTSBURGH PA 15222
Philip P Conti director, officer: Senior VP and CFO ONE OXFORD CENTRE SUITE 3300, PITTSBURGH PA 15219