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Marine Petroleum Trust (Marine Petroleum Trust) Pretax Margin % : 79.92% (As of Dec. 2023)


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What is Marine Petroleum Trust Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Marine Petroleum Trust's Pre-Tax Income for the three months ended in Dec. 2023 was $0.20 Mil. Marine Petroleum Trust's Revenue for the three months ended in Dec. 2023 was $0.25 Mil. Therefore, Marine Petroleum Trust's pretax margin for the quarter that ended in Dec. 2023 was 79.92%.

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

MARPS' s Pretax Margin % Range Over the Past 10 Years
Min: 41.86   Med: 78.82   Max: 90.11
Current: 79.81


MARPS's Pretax Margin % is ranked better than
95.71% of 978 companies
in the Oil & Gas industry
Industry Median: 6.42 vs MARPS: 79.81

Marine Petroleum Trust Pretax Margin % Historical Data

The historical data trend for Marine Petroleum Trust'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.

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Marine Petroleum Trust Pretax Margin % Chart

Marine Petroleum Trust Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 75.57 74.16 41.86 83.55 85.40

Marine Petroleum Trust 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 89.18 74.74 86.00 78.35 79.92

Competitive Comparison of Marine Petroleum Trust's Pretax Margin %

For the Oil & Gas Midstream subindustry, Marine Petroleum Trust'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.


Marine Petroleum Trust's Pretax Margin % Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Marine Petroleum Trust's Pretax Margin % falls into.



Marine Petroleum Trust 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.

Marine Petroleum Trust's Pretax Margin for the fiscal year that ended in Jun. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Jun. 2023 )/Revenue (A: Jun. 2023 )
=1.375/1.61
=85.40 %

Marine Petroleum Trust'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 )
=0.199/0.249
=79.92 %

* 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.


Marine Petroleum Trust  (NAS:MARPS) 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.


Marine Petroleum Trust Pretax Margin % Related Terms

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Marine Petroleum Trust (Marine Petroleum Trust) Business Description

Traded in Other Exchanges
N/A
Address
c/o Corporate Trustee, Argent Trust Company, 3838 Oak Lawn Avenue, Suite 1720, Dallas, TX, USA, 75219
Marine Petroleum Trust is a U.S based royalty trust. It provides administration and liquidation of rights to payments from oil and natural gas leases in the Gulf of Mexico. The Trust's subsidiary holds title to interests in properties which are situated offshore of Louisiana. The revenues of the trust are derived from the oil and natural gas production activities of third parties.

Marine Petroleum Trust (Marine Petroleum Trust) Headlines