GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » REN-Redes Energeticas Nacionais Sgps SA (XLIS:RENE) » Definitions » Net Margin %

REN-Redes Energeticas Nacionais Sgps (XLIS:RENE) Net Margin % : 17.40% (As of Dec. 2023)


View and export this data going back to 2007. Start your Free Trial

What is REN-Redes Energeticas Nacionais Sgps Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. REN-Redes Energeticas Nacionais Sgps's Net Income for the three months ended in Dec. 2023 was €53.0 Mil. REN-Redes Energeticas Nacionais Sgps's Revenue for the three months ended in Dec. 2023 was €304.5 Mil. Therefore, REN-Redes Energeticas Nacionais Sgps's net margin for the quarter that ended in Dec. 2023 was 17.40%.

The historical rank and industry rank for REN-Redes Energeticas Nacionais Sgps's Net Margin % or its related term are showing as below:

XLIS:RENE' s Net Margin % Range Over the Past 10 Years
Min: 12.44   Med: 15.62   Max: 18.04
Current: 15.53


XLIS:RENE's Net Margin % is ranked better than
77.24% of 514 companies
in the Utilities - Regulated industry
Industry Median: 7.955 vs XLIS:RENE: 15.53

REN-Redes Energeticas Nacionais Sgps Net Margin % Historical Data

The historical data trend for REN-Redes Energeticas Nacionais Sgps'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.

REN-Redes Energeticas Nacionais Sgps Net Margin % Chart

REN-Redes Energeticas Nacionais Sgps Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.28 15.49 12.44 14.23 15.74

REN-Redes Energeticas Nacionais Sgps Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 12.18 6.47 21.63 14.68 17.40

Competitive Comparison of REN-Redes Energeticas Nacionais Sgps's Net Margin %

For the Utilities - Diversified subindustry, REN-Redes Energeticas Nacionais Sgps'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.


REN-Redes Energeticas Nacionais Sgps's Net Margin % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, REN-Redes Energeticas Nacionais Sgps's Net Margin % distribution charts can be found below:

* The bar in red indicates where REN-Redes Energeticas Nacionais Sgps's Net Margin % falls into.



REN-Redes Energeticas Nacionais Sgps 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.

REN-Redes Energeticas Nacionais Sgps'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 )
=149.236/947.884
=15.74 %

REN-Redes Energeticas Nacionais Sgps's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin=Net Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=52.994/304.535
=17.40 %

* 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.


REN-Redes Energeticas Nacionais Sgps  (XLIS:RENE) 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.


REN-Redes Energeticas Nacionais Sgps Net Margin % Related Terms

Thank you for viewing the detailed overview of REN-Redes Energeticas Nacionais Sgps's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


REN-Redes Energeticas Nacionais Sgps (XLIS:RENE) Business Description

Traded in Other Exchanges
Address
Avenida Estados Unidos da America, 55, Lisbon, PRT, 1749-061
REN-Redes Energeticas Nacionais Sgps SA is an energy and utilities company designed for the transmission and distributing electricity and natural gas. The company offers services that manage national energy transmission and distribution systems that include the national electric transmission grid (RNT), the national natural gas transportation grid (RNTGN) and the portgás distribution grid, enabling the creation of an Iberian electricity market that will develop the hydrogen corridor in Europe, together with other European TSOs (Enagas, GRTgaz, Terega and OGE).