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Golar LNG (Golar LNG) Pretax Margin % : -37.02% (As of Dec. 2023)


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What is Golar LNG Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Golar LNG's Pre-Tax Income for the three months ended in Dec. 2023 was $-29.5 Mil. Golar LNG's Revenue for the three months ended in Dec. 2023 was $79.7 Mil. Therefore, Golar LNG's pretax margin for the quarter that ended in Dec. 2023 was -37.02%.

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

GLNG' s Pretax Margin % Range Over the Past 10 Years
Min: -260.72   Med: -20.8   Max: 372.01
Current: 0.42


GLNG's Pretax Margin % is ranked worse than
69.33% of 978 companies
in the Oil & Gas industry
Industry Median: 6.42 vs GLNG: 0.42

Golar LNG Pretax Margin % Historical Data

The historical data trend for Golar LNG'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.

* Premium members only.

Golar LNG Pretax Margin % Chart

Golar LNG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -16.84 -9.14 -24.75 372.01 0.42

Golar LNG Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Pretax 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 97.47 -126.79 12.68 170.56 -37.02

Competitive Comparison of Golar LNG's Pretax Margin %

For the Oil & Gas Midstream subindustry, Golar LNG'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.


Golar LNG's Pretax Margin % Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Golar LNG's Pretax Margin % falls into.



Golar LNG 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.

Golar LNG'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 )
=1.247/298.429
=0.42 %

Golar LNG's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=-29.498/79.679
=-37.02 %

* 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.


Golar LNG  (NAS:GLNG) 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.


Golar LNG Pretax Margin % Related Terms

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Golar LNG (Golar LNG) Business Description

Traded in Other Exchanges
Address
9 Par-la-Ville Road, 2nd Floor, S.E. Pearman Building, Hamilton, BMU, HM 11
Golar LNG Ltd is a midstream LNG company operates in the transportation, regasification, liquefaction, and trading of LNG. The segment in which the group operates includes Shipping, FLNG (Floating Liquefaction Natural Gas vessels), Power, and Corporate and other. It generates maximum revenue from the FLNG segment.