Ades Holding Co (SAU:2382) Net Margin % : 12.88% (As of Mar. 2024)

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What is Ades Holding Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Ades Holding Co's Net Income for the three months ended in Mar. 2024 was ﷼197 Mil. Ades Holding Co's Revenue for the three months ended in Mar. 2024 was ﷼1,532 Mil. Therefore, Ades Holding Co's net margin for the quarter that ended in Mar. 2024 was 12.88%.

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

SAU:2382' s Net Margin % Range Over the Past 10 Years
Min: 10.21 Med: 10.21 Max: 12.88
Current: 12.88

SAU:2382's Net Margin % is ranked better than
71.68% of 978 companies
in the Oil & Gas industry
Industry Median: 3.885 vs SAU:2382: 12.88

Ades Holding Co Net Margin % Historical Data

The historical data trend for Ades Holding Co'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.

Ades Holding Co Net Margin % Chart

Ades Holding Co Annual Data

Trend

Dec23

Net Margin %

10.21

Ades Holding Co Quarterly Data
	Mar23	Dec23	Mar24
Net Margin %	9.17	-	12.88

Competitive Comparison of Ades Holding Co's Net Margin %

For the Oil & Gas Drilling subindustry, Ades Holding Co'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.

Ades Holding Co's Net Margin % Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Ades Holding Co's Net Margin % falls into.

Ades Holding Co 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.

Ades Holding Co'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 )
	=	442.098	/	4331.903
	=	10.21 %

Ades Holding Co's Net Margin for the quarter that ended in Mar. 2024 is calculated as

Net Margin	=	Net Income (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	197.361	/	1532.07
	=	12.88 %

Ades Holding Co (SAU:2382) 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.

Ades Holding Co Net Margin % Related Terms

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Ades Holding Co (SAU:2382) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Ades Holding Co (SAU:2382) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

7429 Prince turki street, Corniche District, Al Khobar, SAU, 2203

Website

https://www.adesgroup.com

Ades Holding Co is a company whose main purpose is oil and gas drilling and production services providing in the MENA region. The Company's main activities are as follows which is Contracting services for excavation and maintenance of onshore and offshore wells, Services related to oil extraction, Excavation and onshore and offshore maintenance services. Provision of contracted offshore and onshore excavation services Provision of maintenance and production services.

Ades Holding Co (SAU:2382) Headlines

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