Drax Group PLC
LSE:DRX

Watchlist Manager
Drax Group PLC Logo
Drax Group PLC
LSE:DRX
Watchlist
Price: 683.5 GBX -0.65% Market Closed
Market Cap: 2.4B GBX

Net Margin
Drax Group PLC

8.7%
Current
5%
Average
7.8%
Industry

Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.

Net Margin
8.7%
=
Net Income
526.6m
/
Revenue
6.1B

Net Margin Across Competitors

Drax Group PLC
Glance View

Market Cap
2.5B GBX
Industry
Utilities

Once nestled in the coal-rich heart of Britain, Drax Group PLC began its journey as a major coal-fired power station, renowned for its role in fueling the UK's electricity grid. This legacy company, rooted in the traditional energy sector, would face the inevitability of change as global imperatives shifted towards sustainability and environmental responsibility. As whispers of a cleaner, more sustainable future grew louder, Drax embarked on a transformative journey. In a strategic pivot, it shifted focus from coal to biomass, eventually evolving into the world’s largest renewable energy resource by biomass capacity. By retrofitting its existing infrastructure, Drax adapted its vast operations to burn compressed wood pellets, a renewable energy source considered more climate-friendly than fossil fuels. This evolution not only redefined its operational model but also placed Drax at the forefront of the UK’s renewable energy landscape. Today, Drax Group is more than just a repurposed power station; it’s a diversified energy company with a dual focus on sustainable energy and innovation. The company operates a complex supply chain, importing sustainable biomass from across the globe, which is crucial to fueling its power operations. Through its renewable energy generation, the company capitalizes on governmental incentives and renewable energy certificates, firmly establishing a robust revenue stream. Drax’s business model has expanded to include providing energy services to a portfolio of businesses and commercial clients, ensuring a stable financial platform that balances both environmental goals and profitability. This delicate harmony of energy transformation and financial stewardship underscores Drax’s commitment to not only powering the UK but also championing a sustainable energy future.

DRX Intrinsic Value
947.56 GBX
Undervaluation 28%
Intrinsic Value
Price
What is Net Margin?

Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.

Net Margin
8.7%
=
Net Income
526.6m
/
Revenue
6.1B
What is the Net Margin of Drax Group PLC?

Based on Drax Group PLC's most recent financial statements, the company has Net Margin of 8.7%.

Back to Top