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Taqa Morocco (CAS:TQM) Net Margin % : 6.15% (As of Jun. 2023)


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What is Taqa Morocco Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Taqa Morocco's Net Income for the six months ended in Jun. 2023 was MAD458 Mil. Taqa Morocco's Revenue for the six months ended in Jun. 2023 was MAD7,448 Mil. Therefore, Taqa Morocco's net margin for the quarter that ended in Jun. 2023 was 6.15%.

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

CAS:TQM' s Net Margin % Range Over the Past 10 Years
Min: 7.63   Med: 11.43   Max: 12.86
Current: 7.63


CAS:TQM's Net Margin % is ranked worse than
50.36% of 415 companies
in the Utilities - Independent Power Producers industry
Industry Median: 7.66 vs CAS:TQM: 7.63

Taqa Morocco Net Margin % Historical Data

The historical data trend for Taqa Morocco'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.

Taqa Morocco Net Margin % Chart

Taqa Morocco Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.32 11.56 11.30 12.86 9.57

Taqa Morocco Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 12.80 12.90 10.25 9.06 6.15

Competitive Comparison of Taqa Morocco's Net Margin %

For the Utilities - Independent Power Producers subindustry, Taqa Morocco'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.


Taqa Morocco's Net Margin % Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Taqa Morocco's Net Margin % distribution charts can be found below:

* The bar in red indicates where Taqa Morocco's Net Margin % falls into.



Taqa Morocco 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.

Taqa Morocco's Net Margin for the fiscal year that ended in Dec. 2022 is calculated as

Net Margin=Net Income (A: Dec. 2022 )/Revenue (A: Dec. 2022 )
=1302.719/13606.598
=9.57 %

Taqa Morocco's Net Margin for the quarter that ended in Jun. 2023 is calculated as

Net Margin=Net Income (Q: Jun. 2023 )/Revenue (Q: Jun. 2023 )
=458.069/7448.283
=6.15 %

* 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.


Taqa Morocco  (CAS:TQM) 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.


Taqa Morocco Net Margin % Related Terms

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Taqa Morocco (CAS:TQM) Business Description

Traded in Other Exchanges
N/A
Address
B.P. 99 - Sidi Bouzid, PK23, Route regionale 301, Centrale Thermique de Jorf Lasfar, Commune Moulay Abdellah, El Jadida, MAR
Taqa Morocco SA is a producer of electricity in Morocco. The company provides associated activities in the oil and gas sectors, the storage of the oil and gas products, electricity and water as well as transport infrastructure across Canada, Ghana, India, Iraq, Morocco, the Netherlands, Oman, Saudi Arabia, the United Arab Emirates, the United Kingdom, and the United States.

Taqa Morocco (CAS:TQM) Headlines

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