FLSS (Forbes Energy Services) Pretax Margin %: -196.69% (As of Mar. 2020)


FLSS Forbes Energy Services Ltd FLSS
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What is Forbes Energy Services Pretax Margin %?

Forbes Energy Services FLSS -90.00% 16 Pretax Margin % is -196.69% as of Mar. 2020. GuruFocus rates FLSS with a GF Score™ of 16/100.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Forbes Energy Services's Pre-Tax Income for the three months ended in Mar. 2020 was $-59.9 Mil. Forbes Energy Services's Revenue for the three months ended in Mar. 2020 was $30.5 Mil. Therefore, Forbes Energy Services's pretax margin for the quarter that ended in Mar. 2020 was -196.69%.

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


FLSS's Pretax Margin % is not ranked *
in the Oil & Gas industry.
Industry Median: 5.165
* Ranked among companies with meaningful Pretax Margin % only.

Forbes Energy Services  (OTCPK:FLSS) 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.


Forbes Energy Services Pretax Margin % Related Terms


Forbes Energy Services Pretax Margin % Historical Data

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The historical data trend for Forbes Energy Services'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.

Forbes Energy Services Pretax Margin % Chart

Forbes Energy Services Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -25.68 -93.76 0.00 -18.25 -36.38

Forbes Energy Services Quarterly Data
Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20
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 -20.03 -21.02 -70.26 -43.30 -196.69

FLSS vs CRRTQ, HOSSQ, BANM: Pretax Margin % Comparison

For the Oil & Gas Equipment & Services subindustry, Forbes Energy Services'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.


Forbes Energy Services Pretax Margin % vs Oil & Gas Industry

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

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


FLSS
16GF Score
Forbes Energy Services Ltd FLSS
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Forbes Energy Services 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.

Forbes Energy Services's Pretax Margin for the fiscal year that ended in Dec. 2019 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2019 )/Revenue (A: Dec. 2019 )
=-68.543/188.422
=-36.38 %

Forbes Energy Services's Pretax Margin for the quarter that ended in Mar. 2020 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2020 )/Revenue (Q: Mar. 2020 )
=-59.918/30.463
=-196.69 %

* 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.

Frequently Asked Questions Learn more about Pretax Margin % →
What does a Pretax Margin % of -196.69% mean?
Forbes Energy Services (FLSS) has a Pretax Margin % of -196.69% as of Mar. 2020. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Forbes Energy Services and its competitors.
Is Forbes Energy Services' Pretax Margin % too high?
Forbes Energy Services' current Pretax Margin % is -196.69%. Overall, Forbes Energy Services has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Forbes Energy Services' Pretax Margin % compare to CRRTQ and HOSSQ?
Forbes Energy Services' Pretax Margin % of -196.69% can be compared against companies in the Oil & Gas industry. The industry median Pretax Margin % is 5.17. 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 5.17, based on 916 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. 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 Forbes Energy Services and its competitors. For the Oil & Gas industry, the median Pretax Margin % is 5.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Forbes Energy Services's current Pretax Margin % is -196.69%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Forbes Energy Services stock overvalued right now?
Forbes Energy Services (FLSS) has a current Pretax Margin % of -196.69%. The current Pretax Margin % is -196.69%. Forbes Energy Services' overall GF Score™ is 16/100. 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 Forbes Energy Services (FLSS), the current Pretax Margin % is -196.69% as of Mar. 2020. 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.

Forbes Energy Services Business Description

Industry EnergyOil & Gas
Address 3000 South Business Highway 281, Alice, TX, USA, 78332
Forbes Energy Services Ltd operates as an oilfield services contractor that provides a wide range of well site services to oil and natural gas drilling and producing companies to help develop and enhance the production of oil and natural gas. The company operates in three business segments namely Well Servicing which is the key revenue driver, Coiled Tubing, and Fluid Logistics. These services include fluid hauling, fluid disposal, well maintenance, completion services, workovers and recompletions, plugging and abandonment, and tubing testing. Geographically, it operates in South, East, Central, and West Texas.
16GF Score

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Pretax Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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