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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.
Ferrellgas Partners LP Pretax Margin % Related Terms
Ferrellgas Partners LP Pretax Margin % Historical Data
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The historical data trend for Ferrellgas 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.
FGPR vs SGU, CLNE, BDCO: Pretax Margin % Comparison
For the Oil & Gas Refining & Marketing subindustry, Ferrellgas 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.
Ferrellgas Partners LP Pretax Margin % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Ferrellgas Partners LP's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Ferrellgas Partners LP's Pretax Margin % falls into.
* 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.
Ferrellgas Partners LP (FGPR) has a Pretax Margin % of 5.42% as of Apr. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Ferrellgas Partners LP and its competitors. According to the industry distribution chart, Ferrellgas Partners LP ranks #509 out of 927 companies in the Oil & Gas industry, placing it in the top 54.9%.
Is Ferrellgas Partners LP's Pretax Margin % too high?
Ferrellgas Partners LP's current Pretax Margin % is 5.42%. The Oil & Gas industry median Pretax Margin % is 6.18. Ferrellgas Partners LP's value of 5.42% is 12.3% below this industry median. Based on the distribution chart, Ferrellgas Partners LP ranks #509 out of 927 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Ferrellgas Partners LP has a GF Score™ of 39/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ferrellgas Partners LP's Pretax Margin % compare to SGU and CLNE?
According to the Oil & Gas industry distribution chart, Ferrellgas Partners LP ranks #509 out of 927 companies for Pretax Margin %. This places Ferrellgas Partners LP in the lower half of its industry. The industry median Pretax Margin % is 6.18. Ferrellgas Partners LP's value of 5.42% is 12.3% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Pretax Margin % for an Oil & Gas company?
The median Pretax Margin % among Oil & Gas companies is 6.18, based on 927 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ferrellgas Partners LP's current Pretax Margin % of 5.42% is 12.3% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Ferrellgas Partners LP and its competitors. For the Oil & Gas industry, the median Pretax Margin % is 6.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ferrellgas Partners LP's current Pretax Margin % is 5.42%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ferrellgas Partners LP stock overvalued right now?
Based on GuruFocus' analysis, Ferrellgas Partners LP (FGPR) is currently considered Significantly Overvalued. The stock's GF Value™ is $9.33, compared to a current price of $23.00 — trading 146.5% above its estimated fair value. The current Pretax Margin % is 5.42% and 12.3% below the Oil & Gas industry median of 6.18. Ferrellgas Partners LP's overall GF Score™ is 39/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For Ferrellgas Partners LP (FGPR), the current Pretax Margin % is 5.42% as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Ferrellgas Partners LP (FGPR) Overvalued in 2026?
Based on GuruFocus' analysis, Ferrellgas Partners LP stock appears to be overvalued.
The current stock price of $23.00 is trading 146.5% above its estimated GF Value™ of $9.33.
GuruFocus considers Ferrellgas Partners LP to be Significantly Overvalued.
Key valuation signals for FGPR:
Pretax Margin %: 5.42%
GF Value™: $9.33 vs. price of $23.00 (146.5% above fair value)
Industry Position: 12.3% below the Oil & Gas median (#509 of 927)
No single metric tells the full story. See the FGPR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ferrellgas Partners LP distributes propane and related equipment to a wide mix of customers, including residential, commercial, agricultural, wholesale, and portable tank exchange segments. The company provides propane delivery and tank exchange services under several brands and sells related appliances, parts, and fittings. Ferrellgas operates all over the United States, the District of Columbia, and Puerto Rico, with sales concentrated in various regions across the United States. The majority of its revenue comes from the sales of Propane and other gas liquids to End Users and Resellers.
39GF Score
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