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Osaka Gas Co (TSE:9532) Operating Margin % : 8.55% (As of Dec. 2023)


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What is Osaka Gas Co Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Osaka Gas Co's Operating Income for the three months ended in Dec. 2023 was 円43,961 Mil. Osaka Gas Co's Revenue for the three months ended in Dec. 2023 was 円514,454 Mil. Therefore, Osaka Gas Co's Operating Margin % for the quarter that ended in Dec. 2023 was 8.55%.

Warning Sign:

Osaka Gas Co Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -8.6%.

The historical rank and industry rank for Osaka Gas Co's Operating Margin % or its related term are showing as below:

TSE:9532' s Operating Margin % Range Over the Past 10 Years
Min: 2.64   Med: 6.4   Max: 11.09
Current: 9.85


TSE:9532's Operating Margin % is ranked worse than
56.45% of 512 companies
in the Utilities - Regulated industry
Industry Median: 12.365 vs TSE:9532: 9.85

Osaka Gas Co's 5-Year Average Operating Margin % Growth Rate was -8.60% per year.

Osaka Gas Co's Operating Income for the three months ended in Dec. 2023 was 円43,961 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was 円215,621 Mil.


Osaka Gas Co Operating Margin % Historical Data

The historical data trend for Osaka Gas Co'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.

Osaka Gas Co Operating Margin % Chart

Osaka Gas Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.96 6.12 8.25 6.23 2.64

Osaka Gas Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 5.00 11.04 14.37 4.77 8.55

Competitive Comparison of Osaka Gas Co's Operating Margin %

For the Utilities - Regulated Gas subindustry, Osaka Gas Co'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.


Osaka Gas Co's Operating Margin % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Osaka Gas Co's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Osaka Gas Co's Operating Margin % falls into.



Osaka Gas Co 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.

Osaka Gas Co's Operating Margin % for the fiscal year that ended in Mar. 2023 is calculated as

Operating Margin %=Operating Income (A: Mar. 2023 ) / Revenue (A: Mar. 2023 )
=60002 / 2275113
=2.64 %

Osaka Gas Co'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 )
=43961 / 514454
=8.55 %

* 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.


Osaka Gas Co  (TSE:9532) 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.


Osaka Gas Co Operating Margin % Related Terms

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Osaka Gas Co (TSE:9532) Business Description

Traded in Other Exchanges
Address
4-1-2, Hiranomachi, Chuo-ku, Osaka, JPN, 541-0046
Osaka Gas Co Ltd is a Japanese utility company involved in the production and supply of natural gas and electricity. Osaka Gas segments its operations into: Gas; LPG, Electricity, and Other Energy; International Energy; and Life and Business Solutions units. The company's total revenue generation is mainly split between its Gas and LPG, Electricity, and Other Energy divisions. The Gas business produces, supplies, and markets city gas to mostly industrial and residential customers in the Kansai region of Japan. Osaka Gas' LPG, Electricity, and Other Energy business generates and sells electricity and liquefied petroleum gas to consumers both inside and outside Japan. To do this, the company operates an international portfolio of natural gas-fired thermal, solar, and wind power plants.

Osaka Gas Co (TSE:9532) Headlines

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