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Karoon Energy (Karoon Energy) Pretax Margin % : 44.10% (As of Dec. 2023)


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What is Karoon Energy Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Karoon Energy's Pre-Tax Income for the six months ended in Dec. 2023 was $182.1 Mil. Karoon Energy's Revenue for the six months ended in Dec. 2023 was $412.9 Mil. Therefore, Karoon Energy's pretax margin for the quarter that ended in Dec. 2023 was 44.10%.

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

KRNGY' s Pretax Margin % Range Over the Past 10 Years
Min: -23.33   Med: -16.32   Max: 41.46
Current: 41.46


KRNGY's Pretax Margin % is ranked better than
88.65% of 978 companies
in the Oil & Gas industry
Industry Median: 6.42 vs KRNGY: 41.46

Karoon Energy Pretax Margin % Historical Data

The historical data trend for Karoon Energy'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.

Karoon Energy Pretax Margin % Chart

Karoon Energy Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - -16.32 -23.33 38.16

Karoon Energy Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 -66.48 17.18 38.88 37.36 44.10

Competitive Comparison of Karoon Energy's Pretax Margin %

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


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

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

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



Karoon Energy 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.

Karoon Energy's Pretax Margin for the fiscal year that ended in Jun. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Jun. 2023 )/Revenue (A: Jun. 2023 )
=216.2/566.5
=38.16 %

Karoon Energy's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=182.1/412.9
=44.10 %

* 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.


Karoon Energy  (OTCPK:KRNGY) 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.


Karoon Energy Pretax Margin % Related Terms

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Karoon Energy (Karoon Energy) Business Description

Traded in Other Exchanges
Address
6 Riverside Quay, Level 3, Suite 3.02, Southbank, Melbourne, VIC, AUS, 3006
Karoon produces around 8 million barrels of oil annually from its wholly owned Bauna field in Brazil's offshore Santos basin. The company acquired Bauna from Petrobras in 2020 and has been steadily increasing production via well interventions and new developments. Field life is approaching eight years based on proven and probable 2P reserves of 55 million barrels at end December 2022, though this excludes a further 82 million barrels in 2C contingent resources which which have potential to increase life further. We credit life of approximately 10 years, assuming partial conversion of 2C contingent resources into reserve category with drilling. There are also prospective untested targets within Karoon's permits which could potentially add further reserves in the medium term.

Karoon Energy (Karoon Energy) Headlines

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