GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Inpex Corp (OTCPK:IPXHY) » Definitions » Pretax Margin %

Inpex (IPXHY) Pretax Margin % : 62.49% (As of Mar. 2024)


View and export this data going back to 2008. Start your Free Trial

What is Inpex Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Inpex's Pre-Tax Income for the three months ended in Mar. 2024 was $2,489 Mil. Inpex's Revenue for the three months ended in Mar. 2024 was $3,983 Mil. Therefore, Inpex's pretax margin for the quarter that ended in Mar. 2024 was 62.49%.

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

IPXHY' s Pretax Margin % Range Over the Past 10 Years
Min: 8.74   Med: 48.49   Max: 60.92
Current: 58.24


IPXHY's Pretax Margin % is ranked better than
94.89% of 978 companies
in the Oil & Gas industry
Industry Median: 6.085 vs IPXHY: 58.24

Inpex Pretax Margin % Historical Data

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.

* Premium members only.

Inpex Pretax Margin % Chart

Inpex Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 50.86 8.74 51.71 60.92 58.24

Inpex Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 65.27 63.75 42.73 60.55 62.49

Competitive Comparison of Inpex's Pretax Margin %

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's Pretax Margin % Distribution in the 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.



Inpex 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.

Inpex'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 )
=8760.848/15041.53
=58.24 %

Inpex's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=2489.164/3983.484
=62.49 %

* 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  (OTCPK:IPXHY) 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

Thank you for viewing the detailed overview of Inpex's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Inpex (IPXHY) Business Description

Traded in Other Exchanges
Address
Akasaka Biz Tower, 5-3-1 Akasaka, Minato-ku, Tokyo, JPN, 107-6332
Inpex Corp engages in research, exploration, development, production, and sale of oil, natural gas, and other mineral resources. The company is engaged in a multitude of projects spanning the globe. Exploration services are carried through terrestrial geological surveys and geophysical surveys conducted through satellite images and seismic waves. Exploration wells are used to confirm the presence of hydrocarbon products; appraisal follows shortly after. In addition to utilizing production wells, Inpex has gas processing facilities and a transport pipeline for production and shipping. The company also conducts refining/treatment to create products from the oil and natural gas. Marketing and sales are an additional function of the activities performed at Inpex.

Inpex (IPXHY) Headlines

From GuruFocus

Inpex Corp Could Trade Higher as Oil Prices Rise

By Alberto Abaterusso 12-28-2021