GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » TotalEnergies SE (NYSE:TTE) » Definitions » Net Margin %

TTE (TotalEnergies SE) Net Margin % : 7.70% (As of Jun. 2024)


View and export this data going back to 1991. Start your Free Trial

What is TotalEnergies SE Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. TotalEnergies SE's Net Income for the three months ended in Jun. 2024 was $3,787 Mil. TotalEnergies SE's Revenue for the three months ended in Jun. 2024 was $49,183 Mil. Therefore, TotalEnergies SE's net margin for the quarter that ended in Jun. 2024 was 7.70%.

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

TTE' s Net Margin % Range Over the Past 10 Years
Min: -6.05   Med: 6.01   Max: 10.11
Current: 10.11


TTE's Net Margin % is ranked better than
65.44% of 949 companies
in the Oil & Gas industry
Industry Median: 3.78 vs TTE: 10.11

TotalEnergies SE Net Margin % Historical Data

The historical data trend for TotalEnergies SE'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.

TotalEnergies SE Net Margin % Chart

TotalEnergies SE Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.39 -6.05 8.68 7.80 9.77

TotalEnergies SE Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Net 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 7.93 12.27 9.24 11.03 7.70

Competitive Comparison of TotalEnergies SE's Net Margin %

For the Oil & Gas Integrated subindustry, TotalEnergies SE'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.


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

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

* The bar in red indicates where TotalEnergies SE's Net Margin % falls into.



TotalEnergies SE 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.

TotalEnergies SE'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 )
=21384/218945
=9.77 %

TotalEnergies SE's Net Margin for the quarter that ended in Jun. 2024 is calculated as

Net Margin=Net Income (Q: Jun. 2024 )/Revenue (Q: Jun. 2024 )
=3787/49183
=7.70 %

* 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.


TotalEnergies SE  (NYSE:TTE) 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.


TotalEnergies SE Net Margin % Related Terms

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


TotalEnergies SE Business Description

Address
2, Place Jean Millier, La Defense 6, Courbevoie, FRA, 92400
TotalEnergies is an integrated oil and gas company that explores for, produces, and refines oil around the world. In 2023, it produced 1.6 million barrels of liquids and 5.0 billion cubic feet of natural gas per day. At end-2023, reserves stood at 10.6 billion barrels of oil equivalent, 56% of which are liquids. During 2023, it had LNG sales of 44.3 metric tons. The company owns interests in refineries with capacity of nearly 2.0 million barrels a day, primarily in Europe, distributes refined products in 65 countries, and manufactures commodity and specialty chemicals. At year-end, its gross installed renewable power generation capacity was 22.4 gigawatts.

TotalEnergies SE Headlines