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DHT Holdings (DHT Holdings) Pretax Margin % : 24.78% (As of Dec. 2023)


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What is DHT Holdings Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. DHT Holdings's Pre-Tax Income for the three months ended in Dec. 2023 was $35.5 Mil. DHT Holdings's Revenue for the three months ended in Dec. 2023 was $143.4 Mil. Therefore, DHT Holdings's pretax margin for the quarter that ended in Dec. 2023 was 24.78%.

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

DHT' s Pretax Margin % Range Over the Past 10 Years
Min: -12.46   Med: 11.19   Max: 38.66
Current: 28.91


DHT's Pretax Margin % is ranked better than
79.35% of 978 companies
in the Oil & Gas industry
Industry Median: 6.42 vs DHT: 28.91

DHT Holdings Pretax Margin % Historical Data

The historical data trend for DHT Holdings'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.

DHT Holdings Pretax Margin % Chart

DHT Holdings 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 13.79 38.66 -3.77 13.78 28.91

DHT Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 36.89 28.84 37.36 23.64 24.78

Competitive Comparison of DHT Holdings's Pretax Margin %

For the Oil & Gas Midstream subindustry, DHT Holdings'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.


DHT Holdings's Pretax Margin % Distribution in the Oil & Gas Industry

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

* The bar in red indicates where DHT Holdings's Pretax Margin % falls into.



DHT Holdings 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.

DHT Holdings'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 )
=162.046/560.556
=28.91 %

DHT Holdings's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=35.534/143.376
=24.78 %

* 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.


DHT Holdings  (NYSE:DHT) 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.


DHT Holdings Pretax Margin % Related Terms

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DHT Holdings (DHT Holdings) Business Description

Traded in Other Exchanges
Address
2 Church Street, Clarendon House, Hamilton, BMU, HM 11
DHT Holdings Inc is a crude oil tanker company. It is an independent crude oil tanker company. Its fleet trades internationally and consists of crude oil tankers in the VLCC. It generates revenues from time charter and spot market operations. Its fleets consist of very large crude carriers known as VLCCs that range in size from 200,000 to 320,000 deadweight tons. Geographically, DHT operates in Monaco, Oslo, Norway, and Singapore.

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