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DLNG (Dynagas LNG Partners LP) Pretax Margin % : 38.53% (As of Sep. 2024)


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What is Dynagas LNG Partners LP Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Dynagas LNG Partners LP's Pre-Tax Income for the three months ended in Sep. 2024 was $15.1 Mil. Dynagas LNG Partners LP's Revenue for the three months ended in Sep. 2024 was $39.1 Mil. Therefore, Dynagas LNG Partners LP's pretax margin for the quarter that ended in Sep. 2024 was 38.53%.

The historical rank and industry rank for Dynagas LNG Partners LP's Pretax Margin % or its related term are showing as below:

DLNG' s Pretax Margin % Range Over the Past 10 Years
Min: 2.76   Med: 31.75   Max: 47.21
Current: 31.63


DLNG's Pretax Margin % is ranked better than
84.81% of 948 companies
in the Oil & Gas industry
Industry Median: 5.435 vs DLNG: 31.63

Dynagas LNG Partners LP Pretax Margin % Historical Data

The historical data trend for Dynagas LNG Partners LP'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.

Dynagas LNG Partners LP Pretax Margin % Chart

Dynagas LNG Partners LP 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 2.76 24.83 38.67 41.02 22.35

Dynagas LNG Partners LP Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 2.84 28.31 30.88 28.47 38.53

Competitive Comparison of Dynagas LNG Partners LP's Pretax Margin %

For the Oil & Gas Midstream subindustry, Dynagas LNG Partners LP'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.


Dynagas LNG Partners LP's Pretax Margin % Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Dynagas LNG Partners LP's Pretax Margin % falls into.



Dynagas LNG Partners LP 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.

Dynagas LNG Partners LP'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 )
=35.872/160.48
=22.35 %

Dynagas LNG Partners LP's Pretax Margin for the quarter that ended in Sep. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Sep. 2024 )/Revenue (Q: Sep. 2024 )
=15.054/39.069
=38.53 %

* 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.


Dynagas LNG Partners LP  (NYSE:DLNG) 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.


Dynagas LNG Partners LP Pretax Margin % Related Terms

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Dynagas LNG Partners LP Business Description

Traded in Other Exchanges
Address
Poseidonos Avenue and Foivis 2 Street, 166 74 Glyfada, Athens, GRC, 98000
Dynagas LNG Partners LP is a limited partnership company focused on owning and operating high specification and versatile LNG carriers that are employed on multi-year contracts with international energy companies, providing the benefits of stable cash flows and high utilization rates. The company defines charters of two years or more as multi-year charters. Its current LNG Carrier fleet is optimized for trading flexibility. In addition to conventional trade, part of LNG Carrier fleet is assigned with Ice Class 1A FS notation and are winterized which enables trade in subzero and ice bound conditions.