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WOPEF (Woodside Energy Group) Pretax Margin % : 38.58% (As of Jun. 2024)


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What is Woodside Energy Group Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Woodside Energy Group's Pre-Tax Income for the six months ended in Jun. 2024 was $2,310 Mil. Woodside Energy Group's Revenue for the six months ended in Jun. 2024 was $5,988 Mil. Therefore, Woodside Energy Group's pretax margin for the quarter that ended in Jun. 2024 was 38.58%.

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

WOPEF' s Pretax Margin % Range Over the Past 10 Years
Min: -151.11   Med: 35.9   Max: 54.55
Current: 21.96


WOPEF's Pretax Margin % is ranked better than
75.95% of 948 companies
in the Oil & Gas industry
Industry Median: 5.435 vs WOPEF: 21.96

Woodside Energy Group Pretax Margin % Historical Data

The historical data trend for Woodside Energy Group'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.

Woodside Energy Group Pretax Margin % Chart

Woodside Energy Group 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 17.23 -151.11 47.26 54.55 23.39

Woodside Energy Group Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 50.38 56.75 38.22 6.75 38.58

Competitive Comparison of Woodside Energy Group's Pretax Margin %

For the Oil & Gas E&P subindustry, Woodside Energy Group'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.


Woodside Energy Group's Pretax Margin % Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Woodside Energy Group's Pretax Margin % falls into.



Woodside Energy Group 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.

Woodside Energy Group'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 )
=3273/13994
=23.39 %

Woodside Energy Group's Pretax Margin for the quarter that ended in Jun. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Jun. 2024 )/Revenue (Q: Jun. 2024 )
=2310/5988
=38.58 %

* 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.


Woodside Energy Group  (OTCPK:WOPEF) 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.


Woodside Energy Group Pretax Margin % Related Terms

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Woodside Energy Group Business Description

Address
11 Mount Street, Mia Yellagonga, Perth, WA, AUS, 6000
Incorporated in 1954 and named after the small Victorian town of Woodside, Woodside's early exploration focus moved from Victoria's Gippsland Basin to Western Australia's Carnarvon Basin. First LNG production from the North West Shelf came in 1984. BHP Billiton and Shell each had 40% shareholdings before BHP sold out in 1994 and Shell sold down to 34%. In 2010, Shell further decreased its shareholding to 24%. Woodside has the potential to become the most LNG-leveraged company globally.