InpexIPXHF 61 Pretax Margin % is 53.32% as of Dec. 2025, which is 4% above its 10-year median of 51.29. GuruFocus rates IPXHF with a GF Score™ of 61/100 and a GF Value™ of $10.81 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 916 Oil & Gas companies, Inpex ranks better than 95.41% on this metric.
Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Inpex's Pre-Tax Income for the
three
months ended in Dec. 2025 was $1,678 Mil. Inpex's Revenue for the
three
months ended in Dec. 2025 was $3,147 Mil. Therefore, Inpex's pretax margin for the quarter that ended in Dec. 2025 was 53.32%.
The historical rank and industry rank for Inpex's Pretax Margin % or its related term are showing as below:
IPXHF'
s Pretax Margin % Range Over the Past 10 Years
Min: 8.74 Med: 51.29 Max: 60.92
Current: 57.15
IPXHF's Pretax Margin % is ranked better than 95.41% of 916
companies
in the Oil & Gas industry
Industry Median: 5.165
vs IPXHF: 57.15
Inpex (OTCPK:IPXHF) 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.
Inpex Pretax Margin % Related Terms
Inpex Pretax Margin % Historical Data
* Premium members only.
The historical data trend for Inpex'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.
IPXHF vs COP, EOG, OXY: Pretax Margin % Comparison
For the Oil & Gas E&P subindustry, Inpex'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.
Inpex Pretax Margin % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Inpex's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Inpex'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.
Inpex (IPXHF) has a Pretax Margin % of 53.32% as of Dec. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Inpex and its competitors. This is near median its historical median of 51.29. Over the past decade, Inpex's Pretax Margin % has ranged from 8.74 to 60.92. According to the industry distribution chart, Inpex ranks #42 out of 916 companies in the Oil & Gas industry, placing it in the top 4.6%.
Is Inpex's Pretax Margin % too high?
Inpex's current Pretax Margin % of 53.32% is near median its 10-year median of 51.29. Over the past 10 years, this metric has ranged from a low of 8.74 to a high of 60.92. The Oil & Gas industry median Pretax Margin % is 5.17. Inpex's value of 53.32% is 932.3% above this industry median. Based on the distribution chart, Inpex ranks #42 out of 916 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Inpex has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Inpex's Pretax Margin % compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Inpex ranks #42 out of 916 companies for Pretax Margin %. This places Inpex in the top 5% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 5.17. Inpex's value of 53.32% is 932.3% above this benchmark. Historically, Inpex's own Pretax Margin % has ranged from 8.74 to 60.92 over the past decade. While the company's 10-year median is 51.29 vs. the industry median of 5.17, Inpex 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. Inpex's current Pretax Margin % of 53.32% is 932.3% 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 Inpex 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. Inpex's current Pretax Margin % is 53.32%, which is near median its own 10-year median of 51.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Inpex stock overvalued right now?
Based on GuruFocus' analysis, Inpex (IPXHF) is currently considered Significantly Overvalued. The stock's GF Value™ is $10.81, compared to a current price of $19.76 — trading 82.8% above its estimated fair value. The current Pretax Margin % is 53.32%, which is near median its 10-year median of 51.29 and 932.3% above the Oil & Gas industry median of 5.17. Inpex's overall GF Score™ is 61/100 with 3 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 Inpex (IPXHF), the current Pretax Margin % is 53.32% as of Dec. 2025. 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 Inpex (IPXHF) Overvalued in 2026?
Based on GuruFocus' analysis, Inpex stock appears to be overvalued.
The current stock price of $19.76 is trading 82.8% above its estimated GF Value™ of $10.81.
GuruFocus considers Inpex to be Significantly Overvalued.
Key valuation signals for IPXHF:
Pretax Margin %: 53.32% (near median its 10-year median of 51.29)
GF Value™: $10.81 vs. price of $19.76 (82.8% above fair value)
Industry Position: 932.3% above the Oil & Gas median (#42 of 916)
No single metric tells the full story. See the IPXHF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Headquartered in Tokyo, Inpex was founded in 2008 through a merger with Teikoku Oil. The precursor Inpex began life in 1966 as North Sumatra Offshore Petroleum Exploration and discovered the Attaka field in Indonesia in 1970 before acquiring the ADMA Block offshore the United Arab Emirates in 1973 and then discovering the Kashagan oilfield in Kazakhstan and Ichthys and Abadi gasfields in the Timor Sea in 2000. Teikoku Oil was founded in 1941 as a semigovernment entity and discovered Japan's largest natural gas reserves in Minami-Nagaoka in 1979. Inpex is Japan's largest hydrocarbon producer, with oil and gas projects across multiple continents. It produces around 230 million barrels of oil equivalent per year and has 6.2 billion barrels of oil equivalent in proven and probable reserves.
61GF Score
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