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Euronav NV (Euronav NV) Net Margin % : 151.35% (As of Dec. 2023)


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What is Euronav NV Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Euronav NV's Net Income for the three months ended in Dec. 2023 was $407 Mil. Euronav NV's Revenue for the three months ended in Dec. 2023 was $269 Mil. Therefore, Euronav NV's net margin for the quarter that ended in Dec. 2023 was 151.35%.

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

EURN' s Net Margin % Range Over the Past 10 Years
Min: -80.71   Med: 18.03   Max: 69.47
Current: 69.2


EURN's Net Margin % is ranked better than
95.19% of 977 companies
in the Oil & Gas industry
Industry Median: 4.18 vs EURN: 69.20

Euronav NV Net Margin % Historical Data

The historical data trend for Euronav NV'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.

Euronav NV Net Margin % Chart

Euronav NV 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 12.27 39.10 -80.71 23.78 69.47

Euronav NV Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 63.87 51.49 46.48 41.16 151.35

Competitive Comparison of Euronav NV's Net Margin %

For the Oil & Gas Midstream subindustry, Euronav NV'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.


Euronav NV's Net Margin % Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Euronav NV's Net Margin % falls into.



Euronav NV 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.

Euronav NV'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 )
=858.027/1235.127
=69.47 %

Euronav NV's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin=Net Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=406.584/268.633
=151.35 %

* 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.


Euronav NV  (NYSE:EURN) 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.


Euronav NV Net Margin % Related Terms

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Euronav NV (Euronav NV) Business Description

Traded in Other Exchanges
Address
De Gerlachekaai 20, Antwerpen, BEL, B-2000
Euronav NV owns and operates a fleet of vessels for international maritime shipping and storage of crude oil and petroleum products. The company organises itself into two segments: tankers and floating storage and offloading activities, or FSO. The tankers segment, which generates the majority of revenue, operates crude oil tankers on international markets. The FSO segment conducts floating production, floating storage, and offloading operations for crude oil and petroleum products.