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Equitrans Midstream (FRA:37W) Net Margin % : 29.92% (As of Mar. 2024)


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What is Equitrans Midstream Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Equitrans Midstream's Net Income for the three months ended in Mar. 2024 was €100 Mil. Equitrans Midstream's Revenue for the three months ended in Mar. 2024 was €335 Mil. Therefore, Equitrans Midstream's net margin for the quarter that ended in Mar. 2024 was 29.92%.

The historical rank and industry rank for Equitrans Midstream's Net Margin % or its related term are showing as below:

FRA:37W' s Net Margin % Range Over the Past 10 Years
Min: -107.2   Med: 8.9   Max: 32.75
Current: 32.75


FRA:37W's Net Margin % is ranked better than
89.88% of 978 companies
in the Oil & Gas industry
Industry Median: 4 vs FRA:37W: 32.75

Equitrans Midstream Net Margin % Historical Data

The historical data trend for Equitrans Midstream's Net 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.

Equitrans Midstream Net Margin % Chart

Equitrans Midstream Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only -12.50 28.01 -107.20 -19.84 31.94

Equitrans Midstream Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net 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 27.02 21.12 37.64 41.28 29.92

Competitive Comparison of Equitrans Midstream's Net Margin %

For the Oil & Gas Midstream subindustry, Equitrans Midstream's Net Margin %, along with its competitors' market caps and Net 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.


Equitrans Midstream's Net Margin % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Equitrans Midstream's Net Margin % distribution charts can be found below:

* The bar in red indicates where Equitrans Midstream's Net Margin % falls into.



Equitrans Midstream Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Equitrans Midstream's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=408.275/1278.233
=31.94 %

Equitrans Midstream's Net Margin for the quarter that ended in Mar. 2024 is calculated as

Net Margin=Net Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=100.279/335.132
=29.92 %

* 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.


Equitrans Midstream  (FRA:37W) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Equitrans Midstream Net Margin % Related Terms

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Equitrans Midstream (FRA:37W) Business Description

Traded in Other Exchanges
Address
2200 Energy Drive, Canonsburg, PA, USA, 15317
Equitrans acquired EQM Midstream in mid-2020, consolidating the midstream family. Equitrans now own EQM assets directly versus just unit ownership. EQM Midstream provides gathering, transmission, and water services to primarily Appalachian producers in Pennsylvania, West Virginia, and Ohio.

Equitrans Midstream (FRA:37W) Headlines

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