GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Saudi Aramco Base Oil Co - Luberef (SAU:2223) » Definitions » Net Margin %

Saudi Aramco Base Oil Co - Luberef (SAU:2223) Net Margin % : 10.62% (As of Dec. 2023)


View and export this data going back to 2022. Start your Free Trial

What is Saudi Aramco Base Oil Co - Luberef Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Saudi Aramco Base Oil Co - Luberef's Net Income for the three months ended in Dec. 2023 was ﷼269 Mil. Saudi Aramco Base Oil Co - Luberef's Revenue for the three months ended in Dec. 2023 was ﷼2,530 Mil. Therefore, Saudi Aramco Base Oil Co - Luberef's net margin for the quarter that ended in Dec. 2023 was 10.62%.

The historical rank and industry rank for Saudi Aramco Base Oil Co - Luberef's Net Margin % or its related term are showing as below:

SAU:2223' s Net Margin % Range Over the Past 10 Years
Min: 15.91   Med: 16.98   Max: 18.64
Current: 15.91


SAU:2223's Net Margin % is ranked better than
73.88% of 980 companies
in the Oil & Gas industry
Industry Median: 4.03 vs SAU:2223: 15.91

Saudi Aramco Base Oil Co - Luberef Net Margin % Historical Data

The historical data trend for Saudi Aramco Base Oil Co - Luberef'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.

Saudi Aramco Base Oil Co - Luberef Net Margin % Chart

Saudi Aramco Base Oil Co - Luberef Annual Data
Trend Dec21 Dec22 Dec23
Net Margin %
16.98 18.64 15.91

Saudi Aramco Base Oil Co - Luberef Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Margin % Get a 7-Day Free Trial Premium Member Only 42.19 24.80 17.41 13.35 10.62

Competitive Comparison of Saudi Aramco Base Oil Co - Luberef's Net Margin %

For the Oil & Gas Refining & Marketing subindustry, Saudi Aramco Base Oil Co - Luberef'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.


Saudi Aramco Base Oil Co - Luberef's Net Margin % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Saudi Aramco Base Oil Co - Luberef's Net Margin % distribution charts can be found below:

* The bar in red indicates where Saudi Aramco Base Oil Co - Luberef's Net Margin % falls into.



Saudi Aramco Base Oil Co - Luberef 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.

Saudi Aramco Base Oil Co - Luberef'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 )
=1509.612/9488.679
=15.91 %

Saudi Aramco Base Oil Co - Luberef'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 )
=268.654/2529.568
=10.62 %

* 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.


Saudi Aramco Base Oil Co - Luberef  (SAU:2223) 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.


Saudi Aramco Base Oil Co - Luberef Net Margin % Related Terms

Thank you for viewing the detailed overview of Saudi Aramco Base Oil Co - Luberef's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Saudi Aramco Base Oil Co - Luberef (SAU:2223) Business Description

Traded in Other Exchanges
N/A
Address
Saudi Aramco Industrial Area, P.O. Box 5518, Jeddah, SAU, 21432
Saudi Aramco Base Oil Co - Luberef is engaged in constructing, owning, and operating refineries of lubricating oils and to purchase, sell, transporting, marketing, importing, and exporting lubricating oils, additives, lubricating oil blending stocks, byproducts, and other related petroleum products. Geographically, the company operates in the Kingdom of Saudi Arabia, the United Arab Emirates, India, Egypt, Singapore, and Others.

Saudi Aramco Base Oil Co - Luberef (SAU:2223) Headlines

No Headlines