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Var Energi ASA (Var Energi ASA) EBITDA Margin % : 69.35% (As of Mar. 2024)


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What is Var Energi ASA EBITDA Margin %?

EBITDA Margin % is calculated as EBITDA divided by its Revenue. Var Energi ASA's EBITDA for the three months ended in Mar. 2024 was $1,352 Mil. Var Energi ASA's Revenue for the three months ended in Mar. 2024 was $1,949 Mil. Therefore, Var Energi ASA's EBITDA margin for the quarter that ended in Mar. 2024 was 69.35%.


Var Energi ASA EBITDA Margin % Historical Data

The historical data trend for Var Energi ASA's EBITDA 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.

Var Energi ASA EBITDA Margin % Chart

Var Energi ASA Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBITDA Margin %
Get a 7-Day Free Trial 59.65 -11.54 73.69 74.76 70.19

Var Energi ASA Quarterly Data
Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
EBITDA 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 77.44 71.61 78.89 51.56 69.35

Competitive Comparison of Var Energi ASA's EBITDA Margin %

For the Oil & Gas E&P subindustry, Var Energi ASA's EBITDA Margin %, along with its competitors' market caps and EBITDA 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.


Var Energi ASA's EBITDA Margin % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Var Energi ASA's EBITDA Margin % distribution charts can be found below:

* The bar in red indicates where Var Energi ASA's EBITDA Margin % falls into.



Var Energi ASA EBITDA Margin % Calculation

EBITDA margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent.

Var Energi ASA's EBITDA Margin % for the fiscal year that ended in Dec. 2023 is calculated as

EBITDA Margin %=EBITDA (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=4783.872/6815.966
=70.19 %

Var Energi ASA's EBITDA Margin % for the quarter that ended in Mar. 2024 is calculated as

EBITDA Margin %=EBITDA (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=1351.552/1948.804
=69.35 %

* 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.


Var Energi ASA  (OTCPK:VARRY) EBITDA Margin % Explanation

EBITDA Margin % is the ratio of EBITDA divided by net sales or Revenue. It is an performance metric measuring company's operating profitability. EBITDA Margin takes depreciation and amortization, interest expense and tax into account, which makes it easy to compare the relative profitability of companies of different sizes in the same industry.


Var Energi ASA EBITDA Margin % Related Terms

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Var Energi ASA (Var Energi ASA) Business Description

Traded in Other Exchanges
Address
Vestre Svanholmen 1, Sandnes, NOR, 4313
Var Energi ASA independent upstream oil and gas company on the Norwegian continental shelf. It operates within the geographical area of Norway and the business is entirely related to the exploration for and production of petroleum in Norway. Revenues are mainly related to the sale of oil, gas, and NGL.

Var Energi ASA (Var Energi ASA) Headlines

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