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Enefit Green AS (OTSE:EGR1T) Net Margin % : 59.52% (As of Mar. 2024)


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What is Enefit Green AS Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Enefit Green AS's Net Income for the three months ended in Mar. 2024 was €33.4 Mil. Enefit Green AS's Revenue for the three months ended in Mar. 2024 was €56.2 Mil. Therefore, Enefit Green AS's net margin for the quarter that ended in Mar. 2024 was 59.52%.

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

OTSE:EGR1T' s Net Margin % Range Over the Past 10 Years
Min: 12.71   Med: 33.94   Max: 46.19
Current: 28.38


OTSE:EGR1T's Net Margin % is ranked better than
83.77% of 419 companies
in the Utilities - Independent Power Producers industry
Industry Median: 8.03 vs OTSE:EGR1T: 28.38

Enefit Green AS Net Margin % Historical Data

The historical data trend for Enefit Green AS'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.

Enefit Green AS Net Margin % Chart

Enefit Green AS Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial 24.51 46.19 43.66 43.22 24.66

Enefit Green AS Quarterly Data
Dec18 Dec19 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 43.80 2.79 11.59 28.77 59.52

Competitive Comparison of Enefit Green AS's Net Margin %

For the Utilities - Renewable subindustry, Enefit Green AS'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.


Enefit Green AS's Net Margin % Distribution in the Utilities - Independent Power Producers Industry

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

* The bar in red indicates where Enefit Green AS's Net Margin % falls into.



Enefit Green AS 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.

Enefit Green AS'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 )
=55.793/226.269
=24.66 %

Enefit Green AS'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 )
=33.446/56.192
=59.52 %

* 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.


Enefit Green AS  (OTSE:EGR1T) 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.


Enefit Green AS Net Margin % Related Terms

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Enefit Green AS (OTSE:EGR1T) Business Description

Traded in Other Exchanges
Address
Lelle tn 22, Tallinn, EST, 11318
Enefit Green AS is a renewable energy producer in the Baltic Sea region. The company produces electricity from wind, as well as municipal waste, biomass, solar and hydroelectric sources in Estonia, Latvia, Lithuania, and Poland. The segments of the company are Wind energy segment which comprises all of the company's wind farms and generates key revenue for the firm; Cogeneration segment comprises all of the company's cogeneration plants and the pellet factory and Solar energy segment comprises all of the company's solar farms.

Enefit Green AS (OTSE:EGR1T) Headlines

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