ADNOC Drilling Company PJSC (ADX:ADNOCDRILL) Pretax Margin %: 31.07% (As of Mar. 2026) — Near Median

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ADX:ADNOCDRILL ADNOC Drilling Company PJSC ADX:ADNOCDRILL
90 GF Score
Price د.إ5.82
GF Value د.إ6.49
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is ADNOC Drilling Company PJSC Pretax Margin %?

ADNOC Drilling Company PJSC ADX:ADNOCDRILL +1.22% 90 Pretax Margin % is 31.07% as of Mar. 2026, which is 0% below its 10-year median of 31.19. GuruFocus rates ADX:ADNOCDRILL with a GF Score™ of 90/100 and a GF Value™ of د.إ6.49 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 918 Oil & Gas companies, ADNOC Drilling Company PJSC ranks better than 86.38% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. ADNOC Drilling Company PJSC's Pre-Tax Income for the three months ended in Mar. 2026 was د.إ1,401 Mil. ADNOC Drilling Company PJSC's Revenue for the three months ended in Mar. 2026 was د.إ4,510 Mil. Therefore, ADNOC Drilling Company PJSC's pretax margin for the quarter that ended in Mar. 2026 was 31.07%.

The historical rank and industry rank for ADNOC Drilling Company PJSC's Pretax Margin % or its related term are showing as below:

ADX:ADNOCDRILL' s Pretax Margin % Range Over the Past 10 Years
Min: 26.61   Med: 31.19   Max: 35.5
Current: 32.17


ADX:ADNOCDRILL's Pretax Margin % is ranked better than
86.38% of 918 companies
in the Oil & Gas industry
Industry Median: 5.45 vs ADX:ADNOCDRILL: 32.17

ADNOC Drilling Company PJSC  (ADX:ADNOCDRILL) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


ADNOC Drilling Company PJSC Pretax Margin % Related Terms


ADNOC Drilling Company PJSC Pretax Margin % Historical Data

* Premium members only.

The historical data trend for ADNOC Drilling Company PJSC's Pretax 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.

ADNOC Drilling Company PJSC Pretax Margin % Chart

ADNOC Drilling Company PJSC Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Pretax Margin %
Get a 7-Day Free Trial 26.61 29.99 33.79 35.50 32.39

ADNOC Drilling Company PJSC Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Pretax 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 31.94 32.15 31.93 33.46 31.07

ADX:ADNOCDRILL vs NE, RIG, VAL: Pretax Margin % Comparison

For the Oil & Gas Drilling subindustry, ADNOC Drilling Company PJSC's Pretax Margin %, along with its competitors' market caps and Pretax 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.


ADNOC Drilling Company PJSC Pretax Margin % vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, ADNOC Drilling Company PJSC's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where ADNOC Drilling Company PJSC's Pretax Margin % falls into.


ADX:ADNOCDRILL
90GF Score
ADNOC Drilling Company PJSC ADX:ADNOCDRILL
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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ADNOC Drilling Company PJSC Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

ADNOC Drilling Company PJSC's Pretax Margin for the fiscal year that ended in Dec. 2025 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=5831.483/18005.829
=32.39 %

ADNOC Drilling Company PJSC's Pretax Margin for the quarter that ended in Mar. 2026 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=1400.91/4509.513
=31.07 %

* 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 Pretax Margin % →
What does a Pretax Margin % of 31.07% mean?
ADNOC Drilling Company PJSC (ADX:ADNOCDRILL) has a Pretax Margin % of 31.07% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on ADNOC Drilling Company PJSC and its competitors. This is near median its historical median of 31.19. Over the past decade, ADNOC Drilling Company PJSC's Pretax Margin % has ranged from 26.61 to 35.50. According to the industry distribution chart, ADNOC Drilling Company PJSC ranks #125 out of 918 companies in the Oil & Gas industry, placing it in the top 13.6%.
Is ADNOC Drilling Company PJSC's Pretax Margin % too high?
ADNOC Drilling Company PJSC's current Pretax Margin % of 31.07% is near median its 10-year median of 31.19. Over the past 10 years, this metric has ranged from a low of 26.61 to a high of 35.50. The Oil & Gas industry median Pretax Margin % is 5.45. ADNOC Drilling Company PJSC's value of 31.07% is 470.1% above this industry median. Based on the distribution chart, ADNOC Drilling Company PJSC ranks #125 out of 918 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, ADNOC Drilling Company PJSC has a GF Score™ of 90/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does ADNOC Drilling Company PJSC's Pretax Margin % compare to NE and RIG?
According to the Oil & Gas industry distribution chart, ADNOC Drilling Company PJSC ranks #125 out of 918 companies for Pretax Margin %. This places ADNOC Drilling Company PJSC in the top 14% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 5.45. ADNOC Drilling Company PJSC's value of 31.07% is 470.1% above this benchmark. Historically, ADNOC Drilling Company PJSC's own Pretax Margin % has ranged from 26.61 to 35.50 over the past decade. While the company's 10-year median is 31.19 vs. the industry median of 5.45, ADNOC Drilling Company PJSC has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Pretax Margin % for an Oil & Gas company?
The median Pretax Margin % among Oil & Gas companies is 5.45, based on 918 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. ADNOC Drilling Company PJSC's current Pretax Margin % of 31.07% is 470.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on ADNOC Drilling Company PJSC and its competitors. For the Oil & Gas industry, the median Pretax Margin % is 5.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ADNOC Drilling Company PJSC's current Pretax Margin % is 31.07%, which is near median its own 10-year median of 31.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ADNOC Drilling Company PJSC stock overvalued right now?
Based on GuruFocus' analysis, ADNOC Drilling Company PJSC (ADX:ADNOCDRILL) is currently considered Modestly Undervalued. The stock's GF Value™ is د.إ6.49, compared to a current price of د.إ5.82 — trading 10.3% below its estimated fair value. The current Pretax Margin % is 31.07%, which is near median its 10-year median of 31.19 and 470.1% above the Oil & Gas industry median of 5.45. ADNOC Drilling Company PJSC's overall GF Score™ is 90/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For ADNOC Drilling Company PJSC (ADX:ADNOCDRILL), the current Pretax Margin % is 31.07% as of Mar. 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 ADNOC Drilling Company PJSC (ADX:ADNOCDRILL) Overvalued in 2026?

Based on GuruFocus' analysis, ADNOC Drilling Company PJSC stock appears to be undervalued. The current stock price of د.إ5.82 is trading 10.3% below its estimated GF Value™ of د.إ6.49. GuruFocus considers ADNOC Drilling Company PJSC to be Modestly Undervalued.

Key valuation signals for ADX:ADNOCDRILL:

  • Pretax Margin %: 31.07% (near median its 10-year median of 31.19)
  • GF Value™: د.إ6.49 vs. price of د.إ5.82 (10.3% below fair value)
  • GF Score™: 90/100 with 4 warning signs
  • Industry Position: 470.1% above the Oil & Gas median (#125 of 918)

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


ADNOC Drilling Company PJSC Business Description

Industry EnergyOil & Gas
Address SKEC 2, Zone 1 - E-17, P.O. Box 4017, Abu Dhabi, ARE
ADNOC Drilling Company PJSC is engaged in providing drilling services and supporting marine equipment, and the hiring out of onshore and offshore drilling rigs on behalf of related parties involved in onshore and offshore oil and gas exploration. The operating business segments are Onshore, Offshore, and OilField Services, with maximum revenue from the Onshore segment.
90GF Score

Get the complete analysis for ADX:ADNOCDRILL

Pretax Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

د.إ5.82
Price
د.إ6.49
GF Value