ADNOC Gas (ADX:ADNOCGAS) Net Margin % : 26.36% (As of Dec. 2023)

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What is ADNOC Gas Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. ADNOC Gas's Net Income for the six months ended in Dec. 2023 was د.إ17,337 Mil. ADNOC Gas's Revenue for the six months ended in Dec. 2023 was د.إ65,765 Mil. Therefore, ADNOC Gas's net margin for the quarter that ended in Dec. 2023 was 26.36%.

The historical rank and industry rank for ADNOC Gas's Net Margin % or its related term are showing as below:

ADX:ADNOCGAS' s Net Margin % Range Over the Past 10 Years
Min: 21.13 Med: 23.75 Max: 26.36
Current: 26.36

ADX:ADNOCGAS's Net Margin % is ranked better than
84.66% of 978 companies
in the Oil & Gas industry
Industry Median: 3.955 vs ADX:ADNOCGAS: 26.36

ADNOC Gas Net Margin % Historical Data

The historical data trend for ADNOC Gas's Net 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.

ADNOC Gas Net Margin % Chart

ADNOC Gas Annual Data

Trend

Dec20

Dec21

Dec23

Net Margin %

21.13

26.36

ADNOC Gas Semi-Annual Data
	Dec20	Dec21	Dec23
Net Margin %	-	21.13	26.36

Competitive Comparison of ADNOC Gas's Net Margin %

For the Oil & Gas Integrated subindustry, ADNOC Gas's Net Margin %, along with its competitors' market caps and Net 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.

ADNOC Gas's Net Margin % Distribution in the Oil & Gas Industry

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

* The bar in red indicates where ADNOC Gas's Net Margin % falls into.

ADNOC Gas Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

ADNOC Gas's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	17336.564	/	65765.001
	=	26.36 %

ADNOC Gas's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	17336.564	/	65765.001
	=	26.36 %

ADNOC Gas (ADX:ADNOCGAS) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.

ADNOC Gas Net Margin % Related Terms

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ADNOC Gas (ADX:ADNOCGAS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » ADNOC Gas PLC (ADX:ADNOCGAS) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Corniche Road West, P.O. Box 898, Abu Dhabi, ARE

Website

https://www.adnoc.ae

ADNOC Gas PLC is an integrated gas processing company. It is responsible for operations, maintenance, and marketing across ADNOC's downstream gas processing, liquified natural gas (LNG), and industrial gases businesses.

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