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TerraVest Industries (TSX:TVK) Net Margin % : 7.62% (As of Dec. 2023)


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What is TerraVest Industries Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. TerraVest Industries's Net Income for the three months ended in Dec. 2023 was C$17.4 Mil. TerraVest Industries's Revenue for the three months ended in Dec. 2023 was C$228.1 Mil. Therefore, TerraVest Industries's net margin for the quarter that ended in Dec. 2023 was 7.62%.

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

TSX:TVK' s Net Margin % Range Over the Past 10 Years
Min: 4.18   Med: 6.87   Max: 11.91
Current: 6.52


TSX:TVK's Net Margin % is ranked better than
56.34% of 978 companies
in the Oil & Gas industry
Industry Median: 4.17 vs TSX:TVK: 6.52

TerraVest Industries Net Margin % Historical Data

The historical data trend for TerraVest Industries'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.

TerraVest Industries Net Margin % Chart

TerraVest Industries Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.34 8.82 11.91 7.85 6.20

TerraVest Industries Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 6.72 5.03 5.30 7.65 7.62

Competitive Comparison of TerraVest Industries's Net Margin %

For the Oil & Gas Equipment & Services subindustry, TerraVest Industries'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.


TerraVest Industries's Net Margin % Distribution in the Oil & Gas Industry

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

* The bar in red indicates where TerraVest Industries's Net Margin % falls into.



TerraVest Industries 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.

TerraVest Industries's Net Margin for the fiscal year that ended in Sep. 2023 is calculated as

Net Margin=Net Income (A: Sep. 2023 )/Revenue (A: Sep. 2023 )
=42.073/678.35
=6.20 %

TerraVest Industries's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin=Net Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=17.377/228.09
=7.62 %

* 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.


TerraVest Industries  (TSX:TVK) 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.


TerraVest Industries Net Margin % Related Terms

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TerraVest Industries (TSX:TVK) Business Description

Traded in Other Exchanges
Address
60 Street, Suite 6205, Vegreville, AB, CAN, T9C 1P7
TerraVest Industries Inc is a manufacturer of home heating products, propane, anhydrous ammonia, natural gas liquids transport vehicles, storage vessels, energy processing equipment, and fiberglass storage tanks. The company's operating segments include, : Home Heating and Cooling Products (HVAC Equipment), Compressed Gas Storage and Distribution Equipment (Compressed Gas Equipment), Energy Processing Equipment (Processing Equipment) and Service. Majority of the revenue for the company is generated from its Compressed Gas Equipment segment which manufactures engineered products for the storage, distribution and dispensing of compressed gases including liquid propane gas, natural gas liquids, carbon dioxide and other gases. The company operates in Canada and United States.

TerraVest Industries (TSX:TVK) Headlines

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