ADNOC GasADX:ADNOCGAS -0.29%56 Pretax Margin % is 33.16% as of Mar. 2026, which is 1% below its 10-year median of 33.60. GuruFocus rates ADX:ADNOCGAS with a GF Score™ of 56/100 and a GF Value™ of د.إ3.21 (Fairly Valued). The stock has 4 warning signs investors should review. Among 916 Oil & Gas companies, ADNOC Gas ranks better than 88.1% on this metric.
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 Mar. 2026 was د.إ4,914 Mil. ADNOC Gas's Revenue for the
three
months ended in Mar. 2026 was د.إ14,819 Mil. Therefore, ADNOC Gas's pretax margin for the quarter that ended in Mar. 2026 was 33.16%.
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: 33.6 Max: 35.92
Current: 35.25
ADX:ADNOCGAS's Pretax Margin % is ranked better than 88.1% of 916
companies
in the Oil & Gas industry
Industry Median: 5.165
vs ADX:ADNOCGAS: 35.25
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
ADNOC Gas Pretax Margin % Historical Data
* Premium members only.
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.
ADX:ADNOCGAS vs XOM, CVX: Pretax Margin % Comparison
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 Pretax Margin % vs 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.
* 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) has a Pretax Margin % of 33.16% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on ADNOC Gas and its competitors. This is near median its historical median of 33.60. Over the past decade, ADNOC Gas' Pretax Margin % has ranged from 29.10 to 35.92. According to the industry distribution chart, ADNOC Gas ranks #109 out of 916 companies in the Oil & Gas industry, placing it in the top 11.9%.
Is ADNOC Gas' Pretax Margin % too high?
ADNOC Gas' current Pretax Margin % of 33.16% is near median its 10-year median of 33.60. Over the past 10 years, this metric has ranged from a low of 29.10 to a high of 35.92. The Oil & Gas industry median Pretax Margin % is 5.17. ADNOC Gas' value of 33.16% is 542% above this industry median. Based on the distribution chart, ADNOC Gas ranks #109 out of 916 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, ADNOC Gas has a GF Score™ of 56/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does ADNOC Gas' Pretax Margin % compare to XOM and CVX?
According to the Oil & Gas industry distribution chart, ADNOC Gas ranks #109 out of 916 companies for Pretax Margin %. This places ADNOC Gas in the top 12% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 5.17. ADNOC Gas' value of 33.16% is 542% above this benchmark. Historically, ADNOC Gas' own Pretax Margin % has ranged from 29.10 to 35.92 over the past decade. While the company's 10-year median is 33.60 vs. the industry median of 5.17, ADNOC Gas 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 5.17, based on 916 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 Gas's current Pretax Margin % of 33.16% is 542% 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 Gas and its competitors. For the Oil & Gas industry, the median Pretax Margin % is 5.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ADNOC Gas's current Pretax Margin % is 33.16%, which is near median its own 10-year median of 33.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ADNOC Gas stock overvalued right now?
Based on GuruFocus' analysis, ADNOC Gas (ADX:ADNOCGAS) is currently considered Fairly Valued. The stock's GF Value™ is د.إ3.21, compared to a current price of د.إ3.42 — trading 6.5% above its estimated fair value. The current Pretax Margin % is 33.16%, which is near median its 10-year median of 33.60 and 542% above the Oil & Gas industry median of 5.17. ADNOC Gas' overall GF Score™ is 56/100 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 Gas (ADX:ADNOCGAS), the current Pretax Margin % is 33.16% 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 Gas (ADX:ADNOCGAS) Overvalued in 2026?
Based on GuruFocus' analysis, ADNOC Gas stock appears to be overvalued.
The current stock price of د.إ3.42 is trading 6.5% above its estimated GF Value™ of د.إ3.21.
GuruFocus considers ADNOC Gas to be Fairly Valued.
Key valuation signals for ADX:ADNOCGAS:
Pretax Margin %: 33.16% (near median its 10-year median of 33.60)
GF Value™: د.إ3.21 vs. price of د.إ3.42 (6.5% above fair value)
Industry Position: 542% above the Oil & Gas median (#109 of 916)
No single metric tells the full story. See the ADX:ADNOCGAS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
56GF Score
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