GASNF (Naturgy Energy Group) Pre-Tax Income: $3,817 Mil (TTM As of Jun. 2026)

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.

GASNF Naturgy Energy Group SA GASNF
69 GF Score
Price $33.90
GF Value $30.08
Valuation Modestly Overvalued
! 7 Warning Signs
View Full Analysis

What is Naturgy Energy Group Pre-Tax Income?

Naturgy Energy Group GASNF 69 Pre-Tax Income is $3,817 Mil as of Jun. 2026. GuruFocus rates GASNF with a GF Score™ of 69/100 and a GF Value™ of $30.08 (Modestly Overvalued). The stock has 7 warning signs investors should review.

Pretax income is the income that a company earns before paying income taxes. Naturgy Energy Group's pretax income for the six months ended in Jun. 2026 was $2,150 Mil. Its pretax income for the trailing twelve months (TTM) ended in Jun. 2026 was $3,817 Mil. Naturgy Energy Group's pretax margin was 18.48%.

During the past 13 years, Naturgy Energy Group's highest Pretax Margin was 16.79%. The lowest was -13.83%. And the median was 8.29%.


Naturgy Energy Group  (OTCPK:GASNF) Pre-Tax Income Explanation

Naturgy Energy Group's Pretax Margin for the quarter that ended in Jun. 2026 is calculated as

Pretax Margin=Pretax Income/Revenue
=2149.77/11632.488
=18.48%

During the past 13 years, Naturgy Energy Group's highest Pretax Margin was 16.79%. The lowest was -13.83%. And the median was 8.29%.

* 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.


Naturgy Energy Group Pre-Tax Income Related Terms


Naturgy Energy Group Pre-Tax Income Historical Data

* Premium members only.

The historical data trend for Naturgy Energy Group's Pre-Tax 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.

Naturgy Energy Group Pre-Tax Income Chart

Naturgy Energy Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Pre-Tax Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,030.51 2,697.03 3,317.34 3,354.97 3,768.15

Naturgy Energy Group Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
Pre-Tax 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 1,826.70 1,578.01 2,069.20 1,667.45 2,149.77

GASNF vs ATO, NI, UGI: Pre-Tax Income Comparison

For the Utilities - Regulated Gas subindustry, Naturgy Energy Group's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income 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.


Naturgy Energy Group Pre-Tax Income vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Naturgy Energy Group's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Naturgy Energy Group's Pre-Tax Income falls into.


GASNF
69GF Score
Naturgy Energy Group SA GASNF
Pre-Tax Income is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Naturgy Energy Group Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

Naturgy Energy Group's Pretax Income for the fiscal year that ended in Dec. 2025 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=4453.162+0+-847.775+209.602+-46.839
=3,768

Naturgy Energy Group's Pretax Income for the quarter that ended in Jun. 2026 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=2496.544+0+-317.972+0+-28.802
=2,150

Pre-Tax Income for the trailing twelve months (TTM) ended in Jun. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was $3,817 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 Pre-Tax Income →
What does a Pre-Tax Income of $3,817 Mil mean?
Naturgy Energy Group (GASNF) has a Pre-Tax Income of $3,817 Mil as of Jun. 2026. Pre-Tax Income is the total earnings before taxes but after all operating and interest expenses. View historical data on Naturgy Energy Group and its competitors.
Is Naturgy Energy Group's Pre-Tax Income too high?
Naturgy Energy Group's current Pre-Tax Income is $3,817 Mil. Overall, Naturgy Energy Group has a GF Score™ of 69/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Naturgy Energy Group's Pre-Tax Income compare to ATO and NI?
Naturgy Energy Group's Pre-Tax Income of $3,817 Mil can be compared against companies in the Utilities - Regulated industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Pre-Tax Income for an Utilities - Regulated company?
A good Pre-Tax Income depends on the Utilities - Regulated industry context. However, Pre-Tax 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 Pre-Tax Income mean?
A high Pre-Tax Income can signal that a stock is expensive relative to its fundamentals. Pre-Tax Income is the total earnings before taxes but after all operating and interest expenses. View historical data on Naturgy Energy Group and its competitors. Naturgy Energy Group's current Pre-Tax Income is $3,817 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Naturgy Energy Group stock overvalued right now?
Based on GuruFocus' analysis, Naturgy Energy Group (GASNF) is currently considered Modestly Overvalued. The stock's GF Value™ is $30.08, compared to a current price of $33.90 — trading 12.7% above its estimated fair value. The current Pre-Tax Income is $3,817 Mil. Naturgy Energy Group's overall GF Score™ is 69/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pre-Tax Income calculated?
Pre-Tax Income is calculated from a company's financial statements. For Naturgy Energy Group (GASNF), the current Pre-Tax Income is $3,817 Mil as of Jun. 2026. 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 Naturgy Energy Group (GASNF) Overvalued in 2026?

Based on GuruFocus' analysis, Naturgy Energy Group stock appears to be overvalued. The current stock price of $33.90 is trading 12.7% above its estimated GF Value™ of $30.08. GuruFocus considers Naturgy Energy Group to be Modestly Overvalued.

Key valuation signals for GASNF:

  • Pre-Tax Income: $3,817 Mil
  • GF Value™: $30.08 vs. price of $33.90 (12.7% above fair value)
  • GF Score™: 69/100 with 7 warning signs

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


Naturgy Energy Group Business Description

Address Avenida de America 38, Madrid, ESP
Naturgy stems from the 2008 acquisition of Union Fenosa. The company operates across the gas value chain, from procurement to distribution and marketing. It owns and operates the largest gas distribution network in Spain, where it is also the leading retail gas supplier. The company additionally operates gas and electricity distribution networks across several Latin American countries. It owns 17.9 GW of generation capacity, including 7.3 GW of wind and solar.
69GF Score

Get the complete analysis for GASNF

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

$33.90
Price
$30.08
GF Value