Total Energies Marketing Maroc (CAS:TMA) Net Income: MAD851 Mil (TTM As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

CAS:TMA Total Energies Marketing Maroc CAS:TMA
83 GF Score
Price MAD1,490.00
GF Value MAD1,226.49
Valuation Modestly Overvalued
! 3 Warning Signs
View Full Analysis

What is Total Energies Marketing Maroc Net Income?

Total Energies Marketing Maroc CAS:TMA 83 Net Income is MAD851 Mil as of Dec. 2025. GuruFocus rates CAS:TMA with a GF Score™ of 83/100 and a GF Value™ of MAD1,226.49 (Modestly Overvalued). The stock has 3 warning signs investors should review.

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Total Energies Marketing Maroc's Net Income for the six months ended in Dec. 2025 was MAD527 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2025 was MAD851 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Total Energies Marketing Maroc's Earnings per Share (Diluted) for the six months ended in Dec. 2025 was MAD59.13.


Total Energies Marketing Maroc  (CAS:TMA) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Total Energies Marketing Maroc's Earnings per Share (Diluted) (EPS) for the quarter that ended in Dec. 2025 is calculated as

* 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.

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.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Total Energies Marketing Maroc Net Income Related Terms


Total Energies Marketing Maroc Net Income Historical Data

* Premium members only.

The historical data trend for Total Energies Marketing Maroc's Net Income 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.

Total Energies Marketing Maroc Net Income Chart

Total Energies Marketing Maroc Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 934.91 488.12 50.25 934.20 851.08

Total Energies Marketing Maroc Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Net Income 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 -46.56 405.98 528.21 324.27 526.81
CAS:TMA
83GF Score
Total Energies Marketing Maroc CAS:TMA
Net Income is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Total Energies Marketing Maroc Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

Total Energies Marketing Maroc's Net Income for the fiscal year that ended in Dec. 2025 is calculated as

Net Income(A: Dec. 2025 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=1257.093+-467.785+0+61.775
=851

Total Energies Marketing Maroc's Net Income for the quarter that ended in Dec. 2025 is calculated as

Net Income(Q: Dec. 2025 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=749.177+-257.93+0+35.563
=527

Net Income for the trailing twelve months (TTM) ended in Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was MAD851 Mil.

* 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.

Frequently Asked Questions Learn more about Net Income →
What does a Net Income of MAD851 Mil mean?
Total Energies Marketing Maroc (CAS:TMA) has a Net Income of MAD851 Mil as of Dec. 2025. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on Total Energies Marketing Maroc and its competitors.
Is Total Energies Marketing Maroc's Net Income too high?
Total Energies Marketing Maroc's current Net Income is MAD851 Mil. Overall, Total Energies Marketing Maroc has a GF Score™ of 83/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Total Energies Marketing Maroc's Net Income compare to VLO and MPC?
Total Energies Marketing Maroc's Net Income of MAD851 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Income for an Oil & Gas company?
A good Net Income depends on the Oil & Gas industry context. However, Net Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Income mean?
A high Net Income can signal that a stock is expensive relative to its fundamentals. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on Total Energies Marketing Maroc and its competitors. Total Energies Marketing Maroc's current Net Income is MAD851 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Total Energies Marketing Maroc stock overvalued right now?
Based on GuruFocus' analysis, Total Energies Marketing Maroc (CAS:TMA) is currently considered Modestly Overvalued. The stock's GF Value™ is MAD1,226.49, compared to a current price of MAD1,490.00 — trading 21.5% above its estimated fair value. The current Net Income is MAD851 Mil. Total Energies Marketing Maroc's overall GF Score™ is 83/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Income calculated?
Net Income is calculated from a company's financial statements. For Total Energies Marketing Maroc (CAS:TMA), the current Net Income is MAD851 Mil as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Total Energies Marketing Maroc (CAS:TMA) Overvalued in 2026?

Based on GuruFocus' analysis, Total Energies Marketing Maroc stock appears to be overvalued. The current stock price of MAD1,490.00 is trading 21.5% above its estimated GF Value™ of MAD1,226.49. GuruFocus considers Total Energies Marketing Maroc to be Modestly Overvalued.

Key valuation signals for CAS:TMA:

  • Net Income: MAD851 Mil
  • GF Value™: MAD1,226.49 vs. price of MAD1,490.00 (21.5% above fair value)
  • GF Score™: 83/100 with 3 warning signs

No single metric tells the full story. See the CAS:TMA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Total Energies Marketing Maroc Business Description

Industry EnergyOil & Gas
Address 146, boulevard Zerktouni, Casablanca, MAR, 20000
Total Energies Marketing Maroc is an international oil and gas company. It is engaged in trade of oil, shale and their derivatives, greasy substances, simple or compound of mineral or organic origin, essential oils and all by-products of the materials. It engages in research, exploitation of oil fields, the acquisition of interests in existing companies, the purchase and sale of crude oil and finished products, and all industrial, mining, commercial, financial, and Real estate development.
83GF Score

Get the complete analysis for CAS:TMA

Net Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MAD1,490.00
Price
MAD1,226.49
GF Value