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Borouge (ADX:BOROUGE) Net Margin % : 20.78% (As of Mar. 2024)


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What is Borouge Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Borouge's Net Income for the three months ended in Mar. 2024 was د.إ994 Mil. Borouge's Revenue for the three months ended in Mar. 2024 was د.إ4,783 Mil. Therefore, Borouge's net margin for the quarter that ended in Mar. 2024 was 20.78%.

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

ADX:BOROUGE' s Net Margin % Range Over the Past 10 Years
Min: 17.11   Med: 20.77   Max: 24.42
Current: 18.63


ADX:BOROUGE's Net Margin % is ranked better than
92.11% of 1533 companies
in the Chemicals industry
Industry Median: 4.1 vs ADX:BOROUGE: 18.63

Borouge Net Margin % Historical Data

The historical data trend for Borouge'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.

Borouge Net Margin % Chart

Borouge Annual Data
Trend Dec21 Dec22 Dec23
Net Margin %
24.42 - 17.11

Borouge Quarterly Data
Mar21 Dec21 Mar22 Sep22 Mar23 Jun23 Sep23 Dec23 Mar24
Net Margin % Get a 7-Day Free Trial Premium Member Only 14.31 16.17 18.65 19.06 20.78

Competitive Comparison of Borouge's Net Margin %

For the Specialty Chemicals subindustry, Borouge'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.


Borouge's Net Margin % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Borouge's Net Margin % distribution charts can be found below:

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



Borouge 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.

Borouge'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 )
=3640.372/21271.436
=17.11 %

Borouge'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 )
=993.843/4782.857
=20.78 %

* 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.


Borouge  (ADX:BOROUGE) 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.


Borouge Net Margin % Related Terms

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Borouge (ADX:BOROUGE) Business Description

Traded in Other Exchanges
N/A
Address
El Corniche Street, PO Box 6925, Borouge Tower, Sheikh Khalifa Energy Complex, Abu Dhabi, ARE
Borouge Plc petrochemical company that provides innovative solutions of polyolefins such as polyethylene and polypropylene for a wide range of industries such as packaging, infrastructure, energy, mobility, agriculture, and healthcare.

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