Inpex (IPXHY) Gross Profit : $8,945 Mil (TTM As of Dec. 2024)

View and export this data going back to 2008. Start your Free Trial

What is Inpex Gross Profit?

Inpex's gross profit for the three months ended in Dec. 2024 was $1,981 Mil. Inpex's gross profit for the trailing twelve months (TTM) ended in Dec. 2024 was $8,945 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Inpex's gross profit for the three months ended in Dec. 2024 was $1,981 Mil. Inpex's Revenue for the three months ended in Dec. 2024 was $3,370 Mil. Therefore, Inpex's Gross Margin % for the quarter that ended in Dec. 2024 was 58.79%.

Inpex had a gross margin of 58.79% for the quarter that ended in Dec. 2024 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Inpex was 60.82%. The lowest was 42.95%. And the median was 54.71%.

Inpex Gross Profit Historical Data

The historical data trend for Inpex's Gross Profit 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.

Inpex Gross Profit Chart

Inpex Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Dec20

Dec21

Dec22

Dec23

Dec24

Gross Profit

Get a 7-Day Free Trial

3,190.84

5,933.68

10,237.91

9,143.08

8,780.24

Inpex Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Gross Profit	Get a 7-Day Free Trial															2,563.90	2,391.44	2,276.70	2,295.37	1,981.05

Competitive Comparison of Inpex's Gross Profit

For the Oil & Gas E&P subindustry, Inpex's Gross Profit, along with its competitors' market caps and Gross Profit 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.

Inpex's Gross Profit Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Inpex's Gross Profit distribution charts can be found below:

* The bar in red indicates where Inpex's Gross Profit falls into.

Save Embed

;

Save Embed

;

Inpex Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Inpex's Gross Profit for the fiscal year that ended in Dec. 2024 is calculated as

Gross Profit (A: Dec. 2024 )	=	Revenue	-	Cost of Goods Sold
	=	14730.991	-	5950.748
	=	8,780

Inpex's Gross Profit for the quarter that ended in Dec. 2024 is calculated as

Gross Profit (Q: Dec. 2024 )	=	Revenue	-	Cost of Goods Sold
	=	3369.518	-	1388.473
	=	1,981

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $8,945 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Inpex's Gross Margin % for the quarter that ended in Dec. 2024 is calculated as

Gross Margin % (Q: Dec. 2024 )	=	Gross Profit (Q: Dec. 2024 )	/	Revenue (Q: Dec. 2024 )
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	1,981	/	3369.518
	=	58.79 %

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Inpex (OTCPK:IPXHY) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Inpex had a gross margin of 58.79% for the quarter that ended in Dec. 2024 => Durable competitive advantage

Inpex Gross Profit Related Terms

Thank you for viewing the detailed overview of Inpex's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.

Inpex Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Inpex Corp (OTCPK:IPXHY) » Definitions » Gross Profit

Comparable Companies

Traded in Other Exchanges

IPXHF:USA 1605:Japan I8U:Germany

Address

Akasaka Biz Tower, 5-3-1 Akasaka, Minato-ku, Tokyo, JPN, 107-6332

Website

https://www.inpex.co.jp

Headquartered in Tokyo, Inpex was founded in 2008 through a merger with Teikoku Oil. The precursor Inpex began life in 1966 as North Sumatra Offshore Petroleum Exploration and discovered the Attaka field in Indonesia in 1970 before acquiring the ADMA Block offshore the United Arab Emirates in 1973 and then discovering the Kashagan oilfield in Kazakhstan and Ichthys and Abadi gasfields in the Timor Sea in 2000. Teikoku Oil was founded in 1941 as a semigovernment entity and discovered Japan's largest natural gas reserves in Minami Nagaoka in 1979. Inpex is Japan's largest hydrocarbon producer, with oil and gas projects across multiple continents. It produces 230 million barrels of oil equivalent per year and has 6.2 billion barrels of oil equivalent in proven and probable reserves.