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Gazprom Neft PJSC (MIC:SIBN) Operating Margin % : 21.59% (As of Jun. 2023)


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What is Gazprom Neft PJSC Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Gazprom Neft PJSC's Operating Income for the three months ended in Jun. 2023 was ₽177,409 Mil. Gazprom Neft PJSC's Revenue for the three months ended in Jun. 2023 was ₽821,617 Mil. Therefore, Gazprom Neft PJSC's Operating Margin % for the quarter that ended in Jun. 2023 was 21.59%.

Warning Sign:

Gazprom Neft PJSC operating margin has been in a 5-year decline. The average rate of decline per year is -4.1%.

The historical rank and industry rank for Gazprom Neft PJSC's Operating Margin % or its related term are showing as below:

MIC:SIBN' s Operating Margin % Range Over the Past 10 Years
Min: 7.26   Med: 16.77   Max: 21.59
Current: 21.59


MIC:SIBN's Operating Margin % is ranked better than
72.36% of 977 companies
in the Oil & Gas industry
Industry Median: 7.77 vs MIC:SIBN: 21.59

Gazprom Neft PJSC's 5-Year Average Operating Margin % Growth Rate was -4.10% per year.

Gazprom Neft PJSC's Operating Income for the three months ended in Jun. 2023 was ₽177,409 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jun. 2023 was ₽177,409 Mil.


Gazprom Neft PJSC Operating Margin % Historical Data

The historical data trend for Gazprom Neft 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.

Gazprom Neft PJSC Operating Margin % Chart

Gazprom Neft PJSC Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.64 18.35 17.97 7.26 18.29

Gazprom Neft PJSC Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Jun22 Jun23
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 18.70 18.96 19.02 29.74 21.59

Competitive Comparison of Gazprom Neft PJSC's Operating Margin %

For the Oil & Gas Integrated subindustry, Gazprom Neft 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.


Gazprom Neft PJSC's Operating Margin % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Gazprom Neft PJSC's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Gazprom Neft PJSC's Operating Margin % falls into.



Gazprom Neft 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.

Gazprom Neft PJSC's Operating Margin % for the fiscal year that ended in Dec. 2021 is calculated as

Operating Margin %=Operating Income (A: Dec. 2021 ) / Revenue (A: Dec. 2021 )
=561337 / 3068442
=18.29 %

Gazprom Neft PJSC's Operating Margin % for the quarter that ended in Jun. 2023 is calculated as

Operating Margin %=Operating Income (Q: Jun. 2023 ) / Revenue (Q: Jun. 2023 )
=177409 / 821617
=21.59 %

* 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.


Gazprom Neft PJSC  (MIC:SIBN) 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.


Gazprom Neft PJSC Operating Margin % Related Terms

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Gazprom Neft PJSC (MIC:SIBN) Business Description

Traded in Other Exchanges
N/A
Address
3-5 Pochtamtskaya Street, Saint Petersburg, RUS, 190000
Gazprom Neft PJSC is a vertically integrated oil company. The company along with its subsidiaries is engaged in the exploration, development of crude oil and gas as well as the production and sale of petroleum products. It operates in two segments namely; the exploration, development, and production of crude oil and natural gas, and oilfield services, and key revenue driver segment includes refining and marketing including processing crude into refined products and purchases, sells and transports crude and refined petroleum products.