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ADNOC Gas (ADX:ADNOCGAS) Pretax Margin % : 36.00% (As of Dec. 2024)


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What is ADNOC Gas Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. ADNOC Gas's Pre-Tax Income for the three months ended in Dec. 2024 was د.إ6,309 Mil. ADNOC Gas's Revenue for the three months ended in Dec. 2024 was د.إ17,523 Mil. Therefore, ADNOC Gas's pretax margin for the quarter that ended in Dec. 2024 was 36.00%.

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

ADX:ADNOCGAS' s Pretax Margin % Range Over the Past 10 Years
Min: 29.1   Med: 32.52   Max: 34.68
Current: 34.68


ADX:ADNOCGAS's Pretax Margin % is ranked better than
87.42% of 938 companies
in the Oil & Gas industry
Industry Median: 5.96 vs ADX:ADNOCGAS: 34.68

ADNOC Gas Pretax Margin % Historical Data

The historical data trend for ADNOC Gas'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.

* Premium members only.

ADNOC Gas Pretax Margin % Chart

ADNOC Gas Annual Data
Trend Dec20 Dec21 Dec23 Dec24
Pretax Margin %
- 29.10 32.52 34.68

ADNOC Gas Quarterly Data
Dec20 Dec21 Oct22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 34.75 35.17 33.08 34.53 36.00

Competitive Comparison of ADNOC Gas's Pretax Margin %

For the Oil & Gas Integrated subindustry, ADNOC Gas'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 Gas's Pretax Margin % Distribution in the Oil & Gas Industry

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

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


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ADNOC Gas 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 Gas's Pretax Margin for the fiscal year that ended in Dec. 2024 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2024 )/Revenue (A: Dec. 2024 )
=24285.851/70025.361
=34.68 %

ADNOC Gas's Pretax Margin for the quarter that ended in Dec. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Dec. 2024 )/Revenue (Q: Dec. 2024 )
=6308.59/17523.176
=36.00 %

* 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 Gas  (ADX:ADNOCGAS) 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 Gas Pretax Margin % Related Terms

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ADNOC Gas Business Description

Traded in Other Exchanges
N/A
Address
Khalifa Street, Sheikh Khalifa Energy Complex 1, Abu Dhabi, ARE
ADNOC Gas PLC is an integrated gas processing company. The Company is responsible for producing, processing, distributing, and marketing natural gas and its derivatives in the UAE and abroad. The company Gas operates a network of pipelines, processing plants, storage facilities, and export terminals that supply gas to various sectors, including power generation, water desalination, petrochemicals, industries, and households. The Company also exports liquefied natural gas (LNG) and liquefied petroleum gas (LPG) to regional and international markets.

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