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Secure Energy Services (Secure Energy Services) Net Margin % : 14.81% (As of Mar. 2024)


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What is Secure Energy Services Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Secure Energy Services's Net Income for the three months ended in Mar. 2024 was $312 Mil. Secure Energy Services's Revenue for the three months ended in Mar. 2024 was $2,105 Mil. Therefore, Secure Energy Services's net margin for the quarter that ended in Mar. 2024 was 14.81%.

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

SECYF' s Net Margin % Range Over the Past 10 Years
Min: -11.87   Med: -0.71   Max: 6.12
Current: 6.12


SECYF's Net Margin % is ranked better than
56.41% of 234 companies
in the Waste Management industry
Industry Median: 4.17 vs SECYF: 6.12

Secure Energy Services Net Margin % Historical Data

The historical data trend for Secure Energy Services'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.

Secure Energy Services Net Margin % Chart

Secure Energy Services Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.05 -4.66 -5.39 2.30 2.37

Secure Energy Services Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net 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 2.88 1.91 2.12 2.52 14.81

Competitive Comparison of Secure Energy Services's Net Margin %

For the Waste Management subindustry, Secure Energy Services'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.


Secure Energy Services's Net Margin % Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Secure Energy Services's Net Margin % distribution charts can be found below:

* The bar in red indicates where Secure Energy Services's Net Margin % falls into.



Secure Energy Services 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.

Secure Energy Services'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 )
=145.349/6144.902
=2.37 %

Secure Energy Services'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 )
=311.761/2104.758
=14.81 %

* 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.


Secure Energy Services  (OTCPK:SECYF) 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.


Secure Energy Services Net Margin % Related Terms

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Secure Energy Services (Secure Energy Services) Business Description

Traded in Other Exchanges
Address
2300, 225 - 6th Avenue SW, Calgary, AB, CAN, T2P 1N2
Secure Energy Services Inc provides fluids and solids solutions to the oil and gas industry. It operates in two segments: Midstream Infrastructure and Environmental and Fluid Management. Midstream Infrastructure owns and operates a network of facilities throughout western Canada, North Dakota, and Oklahoma. These facilities provide processing, storing, shipping, and marketing of crude oil; the processing of waste; and water treatment and disposal. The Environmental and Fluid Management segment includes a network of landfill disposal facilities; onsite abandonment, remediation, and reclamation management; a suite of comprehensive environmental management solutions. The company's geographical segments are Canada and the United States.

Secure Energy Services (Secure Energy Services) Headlines