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Suncor Energy (MEX:SUU) Net Margin % : 14.53% (As of Sep. 2024)


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What is Suncor Energy Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Suncor Energy's Net Income for the three months ended in Sep. 2024 was MXN29,362 Mil. Suncor Energy's Revenue for the three months ended in Sep. 2024 was MXN202,121 Mil. Therefore, Suncor Energy's net margin for the quarter that ended in Sep. 2024 was 14.53%.

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

MEX:SUU' s Net Margin % Range Over the Past 10 Years
Min: -17.51   Med: 8.05   Max: 15.89
Current: 14.63


MEX:SUU's Net Margin % is ranked better than
73.34% of 949 companies
in the Oil & Gas industry
Industry Median: 3.73 vs MEX:SUU: 14.63

Suncor Energy Net Margin % Historical Data

The historical data trend for Suncor Energy'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.

* Premium members only.

Suncor Energy Net Margin % Chart

Suncor Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.56 -17.51 10.53 14.43 15.89

Suncor Energy Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 Premium Member Only Premium Member Only Premium Member Only 11.10 20.75 12.10 11.19 14.53

Competitive Comparison of Suncor Energy's Net Margin %

For the Oil & Gas Integrated subindustry, Suncor Energy'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.


Suncor Energy's Net Margin % Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Suncor Energy's Net Margin % falls into.



Suncor Energy 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.

Suncor Energy's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=104950.348/660522.951
=15.89 %

Suncor Energy's Net Margin for the quarter that ended in Sep. 2024 is calculated as

Net Margin=Net Income (Q: Sep. 2024 )/Revenue (Q: Sep. 2024 )
=29362.473/202121.38
=14.53 %

* 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.


Suncor Energy  (MEX:SUU) 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.


Suncor Energy Net Margin % Related Terms

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Suncor Energy Business Description

Traded in Other Exchanges
Address
150 - 6th Avenue S.W., P.O. Box 2844, Calgary, AB, CAN, T2P 3E3
Suncor Energy Inc is an integrated energy company. The company's operations include oil sands development, production and upgrading, offshore oil production, petroleum refining in Canada and the U.S., and the company's Petro-Canada retail and wholesale distribution networks. The company is developing petroleum resources while advancing the transition to a low-emissions future through investment in power, and renewable fuels. It also conducts energy trading activities focused principally on the marketing and trading of crude oil, natural gas, byproducts, refined products and power. The company's operating segments include Oil Sands, Exploration and Production, and Refining and Marketing. Geographically, the company generates a majority of its revenue from Canada.

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