Neste OYJNTOIF 74 Pretax Margin % is 12.90% as of Mar. 2026, which is 69% above its 10-year median of 7.62. GuruFocus rates NTOIF with a GF Score™ of 74/100 and a GF Value™ of $21.00 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 916 Oil & Gas companies, Neste OYJ ranks worse than 51.75% on this metric.
Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Neste OYJ's Pre-Tax Income for the
three
months ended in Mar. 2026 was $770 Mil. Neste OYJ's Revenue for the
three
months ended in Mar. 2026 was $5,969 Mil. Therefore, Neste OYJ's pretax margin for the quarter that ended in Mar. 2026 was 12.90%.
The historical rank and industry rank for Neste OYJ's Pretax Margin % or its related term are showing as below:
NTOIF'
s Pretax Margin % Range Over the Past 10 Years
Min: -0.55 Med: 7.62 Max: 13.05
Current: 4.81
NTOIF's Pretax Margin % is ranked worse than 51.75% of 916
companies
in the Oil & Gas industry
Industry Median: 5.165
vs NTOIF: 4.81
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.
Neste OYJ Pretax Margin % Related Terms
Neste OYJ Pretax Margin % Historical Data
* Premium members only.
The historical data trend for Neste OYJ'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.
NTOIF vs VLO, MPC, PSX: Pretax Margin % Comparison
For the Oil & Gas Refining & Marketing subindustry, Neste OYJ'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.
Neste OYJ Pretax Margin % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Neste OYJ's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Neste OYJ'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.
Neste OYJ (NTOIF) has a Pretax Margin % of 12.90% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Neste OYJ and its competitors. This is 69% above median its historical median of 7.62. According to the industry distribution chart, Neste OYJ ranks #474 out of 916 companies in the Oil & Gas industry, placing it in the top 51.7%.
Is Neste OYJ's Pretax Margin % too high?
Neste OYJ's current Pretax Margin % of 12.90% is 69% above median its 10-year median of 7.62. The Oil & Gas industry median Pretax Margin % is 5.17. Neste OYJ's value of 12.90% is 149.8% above this industry median. Based on the distribution chart, Neste OYJ ranks #474 out of 916 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Neste OYJ has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Neste OYJ's Pretax Margin % compare to VLO and MPC?
According to the Oil & Gas industry distribution chart, Neste OYJ ranks #474 out of 916 companies for Pretax Margin %. This places Neste OYJ in the lower half of its industry. The industry median Pretax Margin % is 5.17. Neste OYJ's value of 12.90% is 149.8% above this benchmark. While the company's 10-year median is 7.62 vs. the industry median of 5.17, Neste OYJ 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. Neste OYJ's current Pretax Margin % of 12.90% is 149.8% 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 Neste OYJ 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. Neste OYJ's current Pretax Margin % is 12.90%, which is 69% above median its own 10-year median of 7.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Neste OYJ stock overvalued right now?
Based on GuruFocus' analysis, Neste OYJ (NTOIF) is currently considered Significantly Overvalued. The stock's GF Value™ is $21.00, compared to a current price of $30.85 — trading 46.9% above its estimated fair value. The current Pretax Margin % is 12.90%, which is 69% above median its 10-year median of 7.62 and 149.8% above the Oil & Gas industry median of 5.17. Neste OYJ's overall GF Score™ is 74/100 with 6 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 Neste OYJ (NTOIF), the current Pretax Margin % is 12.90% 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 Neste OYJ (NTOIF) Overvalued in 2026?
Based on GuruFocus' analysis, Neste OYJ stock appears to be overvalued.
The current stock price of $30.85 is trading 46.9% above its estimated GF Value™ of $21.00.
GuruFocus considers Neste OYJ to be Significantly Overvalued.
Key valuation signals for NTOIF:
Pretax Margin %: 12.90% (69% above median its 10-year median of 7.62)
GF Value™: $21.00 vs. price of $30.85 (46.9% above fair value)
Industry Position: 149.8% above the Oil & Gas median (#474 of 916)
No single metric tells the full story. See the NTOIF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Neste OYJ is a producer of renewable diesel and sustainable aviation fuel (SAF), with production on three continents. The group also produces oil products and has a network of several fuel stations with expanding service offerings, such as EV charging, in Finland and in the Baltics. Neste has three reporting segments: Renewable Products, Oil Products, and Marketing and Services. Maximum revenue is generated from its Oil Products segment, which offers oil products and related services for the road transportation, heavy machinery, agriculture, aviation, and marine sectors, as well as products for the oil and petrochemical industries. Geographically, the group generates maximum revenue from other European countries (excluding Finland), followed by Finland, the USA, and other markets.
74GF Score
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