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Technip Energies NVTHNPF +0.07%85 Pretax Margin % is 3.64% as of Jun. 2026, which is 40% below its 10-year median of 6.02. GuruFocus rates THNPF with a GF Score™ of 85/100 and a GF Value™ of $38.59 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 929 Oil & Gas companies, Technip Energies NV ranks worse than 51.67% on this metric.
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.
Technip Energies NV Pretax Margin % Related Terms
Technip Energies NV Pretax Margin % Historical Data
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The historical data trend for Technip Energies NV'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.
THNPF vs SLB, BKR, FTI: Pretax Margin % Comparison
For the Oil & Gas Equipment & Services subindustry, Technip Energies NV'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.
Technip Energies NV Pretax Margin % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Technip Energies NV's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Technip Energies NV'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.
Technip Energies NV (THNPF) has a Pretax Margin % of 3.64% as of Jun. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Technip Energies NV and its competitors. This is 40% below median its historical median of 6.02. Over the past decade, Technip Energies NV's Pretax Margin % has ranged from 1.95 to 8.66. According to the industry distribution chart, Technip Energies NV ranks #480 out of 929 companies in the Oil & Gas industry, placing it in the top 51.7%.
Is Technip Energies NV's Pretax Margin % too high?
Technip Energies NV's current Pretax Margin % of 3.64% is 40% below median its 10-year median of 6.02. Over the past 10 years, this metric has ranged from a low of 1.95 to a high of 8.66. The Oil & Gas industry median Pretax Margin % is 5.84. Technip Energies NV's value of 3.64% is 37.7% below this industry median. Based on the distribution chart, Technip Energies NV ranks #480 out of 929 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Technip Energies NV has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Technip Energies NV's Pretax Margin % compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Technip Energies NV ranks #480 out of 929 companies for Pretax Margin %. This places Technip Energies NV in the lower half of its industry. The industry median Pretax Margin % is 5.84. Technip Energies NV's value of 3.64% is 37.7% below this benchmark. Historically, Technip Energies NV's own Pretax Margin % has ranged from 1.95 to 8.66 over the past decade. While the company's 10-year median is 6.02 vs. the industry median of 5.84, Technip Energies NV has consistently been below 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 5.84, based on 929 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. Technip Energies NV's current Pretax Margin % of 3.64% is 37.7% below 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 Technip Energies NV and its competitors. For the Oil & Gas industry, the median Pretax Margin % is 5.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Technip Energies NV's current Pretax Margin % is 3.64%, which is 40% below median its own 10-year median of 6.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Technip Energies NV stock overvalued right now?
Based on GuruFocus' analysis, Technip Energies NV (THNPF) is currently considered Modestly Undervalued. The stock's GF Value™ is $38.59, compared to a current price of $34.20 — trading 11.4% below its estimated fair value. The current Pretax Margin % is 3.64%, which is 40% below median its 10-year median of 6.02 and 37.7% below the Oil & Gas industry median of 5.84. Technip Energies NV's overall GF Score™ is 85/100 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 Technip Energies NV (THNPF), the current Pretax Margin % is 3.64% as of Jun. 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 Technip Energies NV (THNPF) Overvalued in 2026?
Based on GuruFocus' analysis, Technip Energies NV stock appears to be undervalued.
The current stock price of $34.20 is trading 11.4% below its estimated GF Value™ of $38.59.
GuruFocus considers Technip Energies NV to be Modestly Undervalued.
Key valuation signals for THNPF:
Pretax Margin %: 3.64% (40% below median its 10-year median of 6.02)
GF Value™: $38.59 vs. price of $34.20 (11.4% below fair value)
Industry Position: 37.7% below the Oil & Gas median (#480 of 929)
No single metric tells the full story. See the THNPF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Technip Energies NV is an engineering and technology company specialized in providing projects, technologies, products, and services on energy infrastructure both onshore and offshore. Technip Energies is positioned on two operating segments addressing its key markets: Technology Products & Services (TPS) and Project Delivery. Substantial revenue is derived from the Project Delivery segment that provides comprehensive engineering, procurement and construction delivery capabilities globally. Geographically, it operates in Europe & Central Asia; Africa & Middle East; Asia Pacific; and Americas.
85GF Score
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