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Thai Oil PCL (BKK:TOP) Pretax Margin % : 6.45% (As of Mar. 2024)


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What is Thai Oil PCL Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Thai Oil PCL's Pre-Tax Income for the three months ended in Mar. 2024 was ฿7,365 Mil. Thai Oil PCL's Revenue for the three months ended in Mar. 2024 was ฿114,239 Mil. Therefore, Thai Oil PCL's pretax margin for the quarter that ended in Mar. 2024 was 6.45%.

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

BKK:TOP' s Pretax Margin % Range Over the Past 10 Years
Min: -1.37   Med: 4.65   Max: 9.14
Current: 5.51


BKK:TOP's Pretax Margin % is ranked worse than
51.7% of 973 companies
in the Oil & Gas industry
Industry Median: 6.08 vs BKK:TOP: 5.51

Thai Oil PCL Pretax Margin % Historical Data

The historical data trend for Thai Oil PCL'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.

Thai Oil PCL Pretax Margin % Chart

Thai Oil PCL 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 2.26 -1.37 4.50 8.31 5.28

Thai Oil PCL 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 5.52 0.57 11.34 3.18 6.45

Competitive Comparison of Thai Oil PCL's Pretax Margin %

For the Oil & Gas Refining & Marketing subindustry, Thai Oil PCL'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.


Thai Oil PCL's Pretax Margin % Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Thai Oil PCL's Pretax Margin % falls into.



Thai Oil PCL 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.

Thai Oil PCL'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 )
=24256.614/459402.195
=5.28 %

Thai Oil PCL'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 )
=7364.761/114238.619
=6.45 %

* 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.


Thai Oil PCL  (BKK:TOP) 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.


Thai Oil PCL Pretax Margin % Related Terms

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Thai Oil PCL (BKK:TOP) Business Description

Traded in Other Exchanges
Address
11th Floor, Vibhavadi Rangsit Road, 555/1 Energy Complex Building A, Kwang Chatuchak, Khet Chatuchak, Bangkok, THA, 10900
Thai Oil PCL is a refiner and supplier of petroleum products. Based out of Thailand, the company's refinery unit produces the most revenue of its various business segments. Thai Oil's refined products primarily consist of middle-distillation fuels such as jet fuel, kerosene, and diesel fuel. Once refined, petroleum products can be transported by the midstream business, Thai Petroleum Pipeline. In addition to the transportation and refinery segments, Thai Oil produces aromatics, which are used in products like detergent. Power generation, alternative energy, and chemical production are also byproducts of Thai Oil and its many subsidiaries.