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Equinor ASA (FRA:DNQ) Pretax Margin % : 28.61% (As of Sep. 2024)


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What is Equinor ASA Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Equinor ASA's Pre-Tax Income for the three months ended in Sep. 2024 was €6,551 Mil. Equinor ASA's Revenue for the three months ended in Sep. 2024 was €22,900 Mil. Therefore, Equinor ASA's pretax margin for the quarter that ended in Sep. 2024 was 28.61%.

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

FRA:DNQ' s Pretax Margin % Range Over the Past 10 Years
Min: -9.31   Med: 20.26   Max: 52.75
Current: 30.66


FRA:DNQ's Pretax Margin % is ranked better than
83.97% of 948 companies
in the Oil & Gas industry
Industry Median: 5.435 vs FRA:DNQ: 30.66

Equinor ASA Pretax Margin % Historical Data

The historical data trend for Equinor ASA'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.

Equinor ASA Pretax Margin % Chart

Equinor ASA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.77 -9.31 35.59 52.75 35.46

Equinor ASA Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 28.80 32.37 31.88 29.57 28.61

Competitive Comparison of Equinor ASA's Pretax Margin %

For the Oil & Gas Integrated subindustry, Equinor ASA'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.


Equinor ASA's Pretax Margin % Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Equinor ASA's Pretax Margin % falls into.



Equinor ASA 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.

Equinor ASA's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=34739.628/97979.616
=35.46 %

Equinor ASA's Pretax Margin for the quarter that ended in Sep. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Sep. 2024 )/Revenue (Q: Sep. 2024 )
=6551.171/22899.816
=28.61 %

* 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.


Equinor ASA  (FRA:DNQ) 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.


Equinor ASA Pretax Margin % Related Terms

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Equinor ASA Business Description

Address
Forusbeen 50, Stavanger, NOR, N-4035
Equinor is a Norway-based integrated oil and gas company. It has been publicly listed since 2001, but the government retains a 67% stake. Operating primarily on the Norwegian Continental Shelf, the firm produced 2.1 million barrels of oil equivalent per day in 2023 (53% liquids) and ended 2023 with 5.2 billion barrels of proven reserves (49% liquids). Operations also include offshore wind, solar, oil refineries and natural gas processing, marketing, and trading.

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