Italgas SpA (MIL:IG) Pre-Tax Income: €1,055 Mil (TTM As of Jun. 2026)

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MIL:IG Italgas SpA MIL:IG
74 GF Score
Price €8.28
GF Value €7.37
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Italgas SpA Pre-Tax Income?

Italgas SpA MIL:IG +0.07% 74 Pre-Tax Income is €1,055 Mil as of Jun. 2026. GuruFocus rates MIL:IG with a GF Score™ of 74/100 and a GF Value™ of €7.37 (Modestly Overvalued). The stock has 5 warning signs investors should review.

Pretax income is the income that a company earns before paying income taxes. Italgas SpA's pretax income for the three months ended in Jun. 2026 was €299 Mil. Its pretax income for the trailing twelve months (TTM) ended in Jun. 2026 was €1,055 Mil. Italgas SpA's pretax margin was 23.86%.

During the past 10 years, Italgas SpA's highest Pretax Margin was 29.82%. The lowest was -36.56%. And the median was 26.74%.


Italgas SpA  (MIL:IG) Pre-Tax Income Explanation

Italgas SpA's Pretax Margin for the quarter that ended in Jun. 2026 is calculated as

Pretax Margin=Pretax Income/Revenue
=298.831/1252.25
=23.86%

During the past 10 years, Italgas SpA's highest Pretax Margin was 29.82%. The lowest was -36.56%. And the median was 26.74%.

* 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.


Italgas SpA Pre-Tax Income Related Terms


Italgas SpA Pre-Tax Income Historical Data

* Premium members only.

The historical data trend for Italgas SpA'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.

Italgas SpA Pre-Tax Income Chart

Italgas SpA 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 525.30 588.50 586.10 672.69 985.66

Italgas SpA Quarterly Data
Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 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 243.61 258.10 231.76 266.10 298.83

MIL:IG vs ATO, NI, UGI: Pre-Tax Income Comparison

For the Utilities - Regulated Gas subindustry, Italgas SpA'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.


Italgas SpA Pre-Tax Income vs Utilities - Regulated Industry

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

* The bar in red indicates where Italgas SpA's Pre-Tax Income falls into.


MIL:IG
74GF Score
Italgas SpA MIL:IG
Pre-Tax Income is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Italgas SpA Pre-Tax Income Calculation

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

Italgas SpA'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
=1231.958+0+-235.351+6.668+-17.613
=986

Italgas SpA'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
=350.271+0+-69.413+0+17.973
=299

Pre-Tax Income for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €1,055 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 €1,055 Mil mean?
Italgas SpA (MIL:IG) has a Pre-Tax Income of €1,055 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 Italgas SpA and its competitors.
Is Italgas SpA's Pre-Tax Income too high?
Italgas SpA's current Pre-Tax Income is €1,055 Mil. Overall, Italgas SpA has a GF Score™ of 74/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Italgas SpA's Pre-Tax Income compare to ATO and NI?
Italgas SpA's Pre-Tax Income of €1,055 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 Italgas SpA and its competitors. Italgas SpA's current Pre-Tax Income is €1,055 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Italgas SpA stock overvalued right now?
Based on GuruFocus' analysis, Italgas SpA (MIL:IG) is currently considered Modestly Overvalued. The stock's GF Value™ is €7.37, compared to a current price of €8.28 — trading 12.4% above its estimated fair value. The current Pre-Tax Income is €1,055 Mil. Italgas SpA's overall GF Score™ is 74/100 with 5 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 Italgas SpA (MIL:IG), the current Pre-Tax Income is €1,055 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 Italgas SpA (MIL:IG) Overvalued in 2026?

Based on GuruFocus' analysis, Italgas SpA stock appears to be overvalued. The current stock price of €8.28 is trading 12.4% above its estimated GF Value™ of €7.37. GuruFocus considers Italgas SpA to be Modestly Overvalued.

Key valuation signals for MIL:IG:

  • Pre-Tax Income: €1,055 Mil
  • GF Value™: €7.37 vs. price of €8.28 (12.4% above fair value)
  • GF Score™: 74/100 with 5 warning signs

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


Italgas SpA Business Description

Address Via Carlo Bo 11, Milano, ITA, 20143
Italgas SpA is an Italy-based company engaged in the business of natural gas distribution. The distribution service consists of transporting gas through local pipeline networks, from points of delivery at the reduction and measurement stations interconnected with the transport networks up to the final delivery points to customers. In addition, the company is also engaged in metering activities, which consist of determining, gathering, making available, and archiving metering data on natural gas withdrawn over the distribution networks. It derives a majority of its revenue from natural gas distribution activity. The other activities of the company are the distribution and sale of water and providing technical, engineering, IT assistance, and other services.
74GF Score

Get the complete analysis for MIL:IG

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

€8.28
Price
€7.37
GF Value