Lundin Ab Spon Adr Each EBIT margin
What is the EBIT margin of Lundin Ab Spon Adr Each?
The EBIT margin of Lundin Energy Ab Spon Adr Each is 65.60%
What is the definition of EBIT margin?
EBIT margin is a profitability ratio that measures earnings of the company as a percentage of revenue without taking into account the effect of taxes and interest.
ttm (trailing twelve months)
EBIT margin measures the profitability and operational efficiency of a company. It compares the amount of money that remains after the cost of goods and all operating expenses are subtracted from net revenue to sales. EBIT margin is calculated as earnings before interest and taxes divided by net revenue.
EBIT and EBIT margin evaluate how well a business manages its operations. Interest and taxes are not operating expenses and don’t impact operating efficiency. EBIT margin is usually used to compare operational efficiency and profitability of companies within the same industry. Taxes can vary by location thus excluding them from the calculation gives a better basis for comparing different companies.
EBIT and operating income are often used interchangeably, but there is a difference between them, which can cause the numbers to give different results. The key difference is that operating income does not include non-operating income, non-operating expenses, and other income.
EBIT margin of companies in the Energy sector on OTC compared to Lundin Ab Spon Adr Each
What does Lundin Ab Spon Adr Each do?
Lundin Energy AB (publ), an independent oil and gas company, engages in the exploration, development, and production of oil and gas properties primarily in Norway. As of December 31, 2020, it had proved plus probable net reserves of 671 million barrels of oil equivalent (MMboe); and proved plus probable plus possible net reserves of 826 MMboe. The company was formerly known as Lundin Petroleum AB (publ) and changed its name to Lundin Energy AB (publ) in March 2020. Lundin Energy AB (publ) was incorporated in 2001 and is headquartered in Stockholm, Sweden.
Companies with ebit margin similar to Lundin Ab Spon Adr Each
- Hong Kong Exchanges & Clearing has EBIT margin of 65.09%
- ABC arbitrage SA has EBIT margin of 65.11%
- Nesco has EBIT margin of 65.11%
- Krystal Biotech Inc has EBIT margin of 65.20%
- Société Foncière Lyonnaise SA has EBIT margin of 65.20%
- RMR Real Estate Income Fund has EBIT margin of 65.58%
- Lundin Ab Spon Adr Each has EBIT margin of 65.60%
- Natural Resource Partners LP has EBIT margin of 65.66%
- Yew Grove REIT plc has EBIT margin of 65.71%
- Yew Grove REIT PLC has EBIT margin of 65.71%
- Reaves Utility Income Fund has EBIT margin of 65.73%
- Reaves Utility Income Fund has EBIT margin of 65.73%
- Vardhman has EBIT margin of 65.83%