GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Vertex Energy Inc (NAS:VTNR) » Definitions » Pretax Margin %

Vertex Energy (Vertex Energy) Pretax Margin % : -8.51% (As of Dec. 2023)


View and export this data going back to 1997. Start your Free Trial

What is Vertex Energy Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Vertex Energy's Pre-Tax Income for the three months ended in Dec. 2023 was $-62 Mil. Vertex Energy's Revenue for the three months ended in Dec. 2023 was $733 Mil. Therefore, Vertex Energy's pretax margin for the quarter that ended in Dec. 2023 was -8.51%.

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

VTNR' s Pretax Margin % Range Over the Past 10 Years
Min: -32.12   Med: -5.09   Max: -0.85
Current: -4.39


VTNR's Pretax Margin % is ranked worse than
74.85% of 978 companies
in the Oil & Gas industry
Industry Median: 6.42 vs VTNR: -4.39

Vertex Energy Pretax Margin % Historical Data

The historical data trend for Vertex Energy'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.

Vertex Energy Pretax Margin % Chart

Vertex Energy 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 -32.12 -12.50 -11.96 -0.85 -4.39

Vertex Energy 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 4.38 0.65 -15.44 3.12 -8.51

Competitive Comparison of Vertex Energy's Pretax Margin %

For the Oil & Gas Refining & Marketing subindustry, Vertex Energy'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.


Vertex Energy's Pretax Margin % Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Vertex Energy's Pretax Margin % falls into.



Vertex Energy 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.

Vertex Energy'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 )
=-139.555/3177.187
=-4.39 %

Vertex Energy'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 )
=-62.322/732.745
=-8.51 %

* 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.


Vertex Energy  (NAS:VTNR) 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.


Vertex Energy Pretax Margin % Related Terms

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


Vertex Energy (Vertex Energy) Business Description

Traded in Other Exchanges
Address
1331 Gemini Street, Suite 250, Houston, TX, USA, 77058
Vertex Energy Inc is an environmental services company that recycles industrial waste streams and off-specification commercial chemical products. Its operating segments are Refining and Marketing, and Recovery. The company generates maximum revenue from the Refining and Marketing segment. The company collects used oil from businesses such as oil change service stations, automotive repair shops, petroleum refineries, and petrochemical manufacturing operations.
Executives
Christopher Allen Stratton director 1331 GEMINI STREET, #250, HOUSTON TX 77058
Alvaro Ruiz officer: Chief Strategy Officer 86 S KNIGHTS CROSSING DR, THE WOODLANDS TX 77382
James Gary Rhame officer: Chief Operating Officer 2601 RYDER COURT, LEAGUE CITY TX 77573
Benjamin P Cowart director, 10 percent owner, officer: CEO AND PRESIDENT 2506 DEEP OAK COURT, HOUSTON TX 77059
Douglas Scott Haugh officer: Chief Commercial Officer 865 DUNHAM STREET, DANIEL ISLAND SC 29492
Karen Kay Maston director 3770 OLYMPIA DRIVE, HOUSTON TX 77019
Odeh Khoury director 6 GREYTON LN, HOUSTON TX 77024
David L Phillips director P.O. BOX 37167, HOUSTON TX 77237
John Noel Strickland officer: COO 2030 ASHTON WAY, BAINBRIDGE GA 39819
Timothy C Harvey director 15 COLONEL WINSTEAD DRIVE, BRENTWOOD TN 37027
James P Gregory director 1225 EYE STREET NW SUITE 900, WASHINGTON DC 22209
David Peel officer: COO 1427 SHELL FISH CT., MT. PLEASANT SC 29466
Dan Borgen director 9500 NEW CENTURY, PASADENA TX 77507
Matthew Lieb officer: CHIEF OPERATING OFFICER 13500 EVENING CREEK DRIVE #440, SAN DIEGO CA 92128
Chris Carlson officer: CFO AND SECRETARY 4418 CEDAR RIDGE TRAIL, HOUSTON TX 77059

Vertex Energy (Vertex Energy) Headlines

From GuruFocus