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Enlight Renewable Energy (Enlight Renewable Energy) Net Margin % : 18.54% (As of Mar. 2024)


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What is Enlight Renewable Energy Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Enlight Renewable Energy's Net Income for the three months ended in Mar. 2024 was $16.8 Mil. Enlight Renewable Energy's Revenue for the three months ended in Mar. 2024 was $90.4 Mil. Therefore, Enlight Renewable Energy's net margin for the quarter that ended in Mar. 2024 was 18.54%.

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

ENLT' s Net Margin % Range Over the Past 10 Years
Min: -62.38   Med: 8.4   Max: 27.74
Current: 23.15


ENLT's Net Margin % is ranked better than
78.66% of 417 companies
in the Utilities - Independent Power Producers industry
Industry Median: 7.69 vs ENLT: 23.15

Enlight Renewable Energy Net Margin % Historical Data

The historical data trend for Enlight Renewable Energy'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.

Enlight Renewable Energy Net Margin % Chart

Enlight Renewable Energy 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 -9.06 -62.38 10.95 12.88 27.74

Enlight Renewable Energy 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 33.80 27.68 39.02 13.04 18.54

Competitive Comparison of Enlight Renewable Energy's Net Margin %

For the Utilities - Renewable subindustry, Enlight Renewable Energy'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.


Enlight Renewable Energy's Net Margin % Distribution in the Utilities - Independent Power Producers Industry

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

* The bar in red indicates where Enlight Renewable Energy's Net Margin % falls into.



Enlight Renewable Energy 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.

Enlight Renewable Energy'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 )
=70.924/255.702
=27.74 %

Enlight Renewable Energy'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 )
=16.763/90.397
=18.54 %

* 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.


Enlight Renewable Energy  (NAS:ENLT) 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.


Enlight Renewable Energy Net Margin % Related Terms

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Enlight Renewable Energy (Enlight Renewable Energy) Business Description

Traded in Other Exchanges
Address
13 Amal Street, P.O. Box 11659, Afek Industrial Park, Rosh Haayin, ISR, 4809249
Enlight Renewable Energy Ltd is a green energy company. It specializes in initiating, developing, financing, constructing, managing, and operating electricity production projects involved in generating electricity from renewable energy sources. It also provides installation services. The company's segments are Photovoltaic Israel, Israel wind, Eastern Europe wind, Eastern Europe Photovoltaic, Western Europe wind energy, and Management and construction. The company generates the majority of its revenue from its Photovoltaic business in Israel and Eastern Europe.