Eni SpA (Eni SpA) Pretax Margin % : 11.88% (As of Mar. 2024)

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What is Eni SpA Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Eni SpA's Pre-Tax Income for the three months ended in Mar. 2024 was $2,962 Mil. Eni SpA's Revenue for the three months ended in Mar. 2024 was $24,930 Mil. Therefore, Eni SpA's pretax margin for the quarter that ended in Mar. 2024 was 11.88%.

The historical rank and industry rank for Eni SpA's Pretax Margin % or its related term are showing as below:

E' s Pretax Margin % Range Over the Past 10 Years
Min: -13.59 Med: 9.33 Max: 16.64
Current: 10.48

E's Pretax Margin % is ranked better than
61.35% of 978 companies
in the Oil & Gas industry
Industry Median: 6.085 vs E: 10.48

Eni SpA Pretax Margin % Historical Data

The historical data trend for Eni SpA's Pretax 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.

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Eni SpA Pretax Margin % Chart

Eni SpA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Pretax Margin %

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8.22

-13.59

13.95

16.64

10.91

Eni SpA Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Pretax Margin %	Get a 7-Day Free Trial															13.17	10.50	15.40	4.68	11.88

Competitive Comparison of Eni SpA's Pretax Margin %

For the Oil & Gas Integrated subindustry, Eni SpA's Pretax Margin %, along with its competitors' market caps and Pretax 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.

Eni SpA's Pretax Margin % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Eni SpA's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Eni SpA's Pretax Margin % falls into.

Eni SpA Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Eni SpA's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Margin	=	Pre-Tax Income (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	11153.762	/	102199.564
	=	10.91 %

Eni SpA's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin	=	Pre-Tax Income (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	2961.957	/	24930.435
	=	11.88 %

Eni SpA (NYSE:E) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.

Eni SpA Pretax Margin % Related Terms

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Eni SpA (Eni SpA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Eni SpA (NYSE:E) » Definitions » Pretax Margin %

Comparable Companies

Traded in Other Exchanges

EIPAF:USA ENI:Italy 0TD2:UK ENIm:UK 0N9S:UK ENI:Germany ENI:Germany ENI:Germany ENI1:Germany ENI:Germany ENI:Austria E:Argentina

Address

1, Piazzale Enrico Mattei, Rome, ITA, 00144

Website

https://www.eni.com

Eni is an integrated oil and gas company that explores for, produces, and refines oil around the world. In 2022, the company produced 0.8 million barrels of liquids and 4.5 billion cubic feet of natural gas per day. At end-2022, Eni held reserves of 6.6 billion barrels of oil equivalent, 48% of which are liquids. The Italian government owns a 30.1% stake in the company. Eni is placing its renewable and low-carbon business in a separate entity called Plentitude, which it will likely list publicly at some point.