Inpex's Operating Income for the
three
months ended in Dec. 2025 was $1,611 Mil.
Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was $6,730 Mil.
Operating Margin % is calculated as Operating Income divided by its Revenue. Inpex's Operating Income for the
three
months ended in Dec. 2025 was $1,611 Mil. Inpex's Revenue for the
three
months ended in Dec. 2025 was $3,147 Mil. Therefore, Inpex's Operating Margin % for the quarter that ended in Dec. 2025 was 51.18%.
Good Sign:
Inpex Corp operating margin is expanding. Margin expansion is usually a good sign.
Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.
Inpex's annualizedROC % for the quarter that ended in Dec. 2025 was 6.21%.
Inpex's annualizedROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 28.92%.
Inpex (OTCPK:IPXHF) Operating Income Explanation
1. Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.
Inpex's annualizedROC % 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.
4. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Operating Income growth rate using Operating Income per share data.
Be Aware
Compared with a company's EBITDA margin, Operating Margin can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).
If a company is facing competition, its Operating Margin may decline. Often the Operating Margin declines well before the company's revenue or even profit decline. Therefore, Operating Margin is a very important indicator of whether the company is facing problems.
For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia's Operating Margin had already been in decline since 2002, although its earnings per share were still rising. Investors who paid attention to Operating Margin would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).
Therefore, Operating Margin is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.
Inpex Operating Income Related Terms
Inpex Operating Income Historical Data
* Premium members only.
The historical data trend for Inpex's Operating 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.
Operating Income, is the profit a company earned through operations. All expenses, including cash expenses such as cost of goods sold (COGS), research & development, wages, and non-cash expenses, such as depreciation, depletion and amortization, have been deducted from the sales.
Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was $6,730 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.
Inpex (IPXHF) has a Operating Income of $6,730 Mil as of Dec. 2025. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Inpex and its competitors.
Is Inpex's Operating Income too high?
Inpex's current Operating Income is $6,730 Mil. Overall, Inpex has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Inpex's Operating Income compare to COP and EOG?
Inpex's Operating Income of $6,730 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 Operating Income for an Oil & Gas company?
A good Operating Income depends on the Oil & Gas industry context. However, Operating 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 Operating Income mean?
A high Operating Income can signal that a stock is expensive relative to its fundamentals. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Inpex and its competitors. Inpex's current Operating Income is $6,730 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Inpex stock overvalued right now?
Based on GuruFocus' analysis, Inpex (IPXHF) is currently considered Significantly Overvalued. The stock's GF Value™ is $12.72, compared to a current price of $19.76 — trading 55.3% above its estimated fair value. The current Operating Income is $6,730 Mil. Inpex's overall GF Score™ is 65/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Income calculated?
Operating Income is calculated from a company's financial statements. For Inpex (IPXHF), the current Operating Income is $6,730 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 Inpex (IPXHF) Overvalued in 2026?
Based on GuruFocus' analysis, Inpex stock appears to be overvalued.
The current stock price of $19.76 is trading 55.3% above its estimated GF Value™ of $12.72.
GuruFocus considers Inpex to be Significantly Overvalued.
Key valuation signals for IPXHF:
Operating Income: $6,730 Mil
GF Value™: $12.72 vs. price of $19.76 (55.3% above fair value)
No single metric tells the full story. See the IPXHF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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 around 230 million barrels of oil equivalent per year and has 6.2 billion barrels of oil equivalent in proven and probable reserves.
65GF Score
Get the complete analysis for IPXHF
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