State Gas (ASX:GAS) Net Margin %: 0.00% (As of Dec. 2025)


What is State Gas Net Margin %?

State Gas ASX:GAS Net Margin % is 0.00% as of Dec. 2025. The stock has 5 warning signs investors should review. Among 916 Oil & Gas companies, State Gas ranks worse than 97.05% on this metric.

Net margin is calculated as Net Income divided by its Revenue. State Gas's Net Income for the six months ended in Dec. 2025 was A$-1.09 Mil. State Gas's Revenue for the six months ended in Dec. 2025 was A$0.00 Mil. Therefore, State Gas's net margin for the quarter that ended in Dec. 2025 was 0.00%.

The historical rank and industry rank for State Gas's Net Margin % or its related term are showing as below:

ASX:GAS' s Net Margin % Range Over the Past 10 Years
Min: -21358.82   Med: -12158.69   Max: -2958.56
Current: -2958.56

ASX:GAS's Net Margin % is ranked worse than
97.05% of 916 companies
in the Oil & Gas industry
Industry Median: 3.435 vs ASX:GAS: -2958.56

State Gas  (ASX:GAS) Net Margin % Explanation

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.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.

State Gas Net Margin % Related Terms

State Gas Net Margin % Historical Data

* Premium members only.

The historical data trend for State Gas's Net 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.

State Gas Net Margin % Chart

State Gas Annual Data
Trend Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Net Margin %
Get a 7-Day Free Trial 0.00 0.00 0.00 -21,358.82 -2,958.56

State Gas Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Net 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 0.00 0.00 -1,840.54 0.00 0.00

ASX:GAS vs COP, EOG, OXY: Net Margin % Comparison

For the Oil & Gas E&P subindustry, State Gas's Net Margin %, along with its competitors' market caps and Net 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.

State Gas Net Margin % vs Oil & Gas Industry

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

* The bar in red indicates where State Gas's Net Margin % falls into.


State Gas Net Margin % Calculation

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

State Gas's Net Margin for the fiscal year that ended in Jun. 2025 is calculated as

Net Margin=Net Income (A: Jun. 2025 )/Revenue (A: Jun. 2025 )
=-3.284/0.111
=-2,958.56 %

State Gas's Net Margin for the quarter that ended in Dec. 2025 is calculated as

Net Margin=Net Income (Q: Dec. 2025 )/Revenue (Q: Dec. 2025 )
=-1.091/0
= %

* 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 Margin % →
What does a Net Margin % of 0.00% mean?
State Gas (ASX:GAS) has a Net Margin % of 0.00% as of Dec. 2025. Net margin is the ratio of total net income to net sales. View historical data on State Gas and its competitors. According to the industry distribution chart, State Gas ranks #889 out of 916 companies in the Oil & Gas industry, placing it in the top 97.1%.
Is State Gas' Net Margin % too high?
State Gas' current Net Margin % is 0.00%. Based on the distribution chart, State Gas ranks #889 out of 916 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers.
How does State Gas' Net Margin % compare to COP and EOG?
According to the Oil & Gas industry distribution chart, State Gas ranks #889 out of 916 companies for Net Margin %. This places State Gas in the lower half of its industry. The industry median Net Margin % is 3.44. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for an Oil & Gas company?
The median Net Margin % among Oil & Gas companies is 3.44, based on 916 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % 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 Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on State Gas and its competitors. For the Oil & Gas industry, the median Net Margin % is 3.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. State Gas's current Net Margin % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is State Gas stock overvalued right now?
State Gas (ASX:GAS) has a current Net Margin % of 0.00%. The current Net Margin % is 0.00%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For State Gas (ASX:GAS), the current Net Margin % is 0.00% 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.

State Gas Business Description

Industry EnergyOil & Gas
Address 40 Edward Street, Suite 4, Level 1, Brisbane, QLD, AUS, 4000
State Gas Ltd is a natural gas exploration and development company with operations in the southern Bowen Basin in Central Queensland. The company's existing 100% owned exploration projects, when considered in conjunction with joint venture interests over adjoining areas, means State Gas has a prospective and substantial portfolio of natural gas resources. It operates in one segment, being the exploration and development of gas fields in Australia.