FOMI (Formation Minerals) Pretax Margin %: -1,487.69% (As of Jan. 2025)

What is Formation Minerals Pretax Margin %?

Formation Minerals FOMI Pretax Margin % is -1,487.69% as of Jan. 2025.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Formation Minerals's Pre-Tax Income for the three months ended in Jan. 2025 was $-0.97 Mil. Formation Minerals's Revenue for the three months ended in Jan. 2025 was $0.07 Mil. Therefore, Formation Minerals's pretax margin for the quarter that ended in Jan. 2025 was -1,487.69%.

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

FOMI's Pretax Margin % is not ranked ^*
in the Oil & Gas industry.
Industry Median: 5.15
* Ranked among companies with meaningful Pretax Margin % only.

Formation Minerals (OTCPK:FOMI) 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.

Formation Minerals Pretax Margin % Related Terms

Formation Minerals Pretax Margin % Historical Data

* Premium members only.

The historical data trend for Formation Minerals'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.

Formation Minerals Pretax Margin % Chart

Formation Minerals Annual Data

Trend

Apr21

Apr22

Apr23

Apr24

Pretax Margin %

-6,892.31

-17,466.67

-19,575.00

-168,000.00

Formation Minerals Quarterly Data
	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24	Jan25
Pretax Margin %	Get a 7-Day Free Trial												-1,964.47	-220.00	802.78	-1,168.97	-1,487.69

FOMI vs AVACF, COP, EOG: Pretax Margin % Comparison

For the Oil & Gas E&P subindustry, Formation Minerals'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.

Formation Minerals Pretax Margin % vs Oil & Gas Industry

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

* The bar in red indicates where Formation Minerals's Pretax Margin % falls into.

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Formation Minerals 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.

Formation Minerals's Pretax Margin for the fiscal year that ended in Apr. 2024 is calculated as

Pretax Margin	=	Pre-Tax Income (A: Apr. 2024 )	/	Revenue (A: Apr. 2024 )
	=	-1.68	/	0.001
	=	-168,000.00 %

Formation Minerals's Pretax Margin for the quarter that ended in Jan. 2025 is calculated as

Pretax Margin	=	Pre-Tax Income (Q: Jan. 2025 )	/	Revenue (Q: Jan. 2025 )
	=	-0.967	/	0.065
	=	-1,487.69 %

Frequently Asked Questions Learn more about Pretax Margin % →

What does a Pretax Margin % of -1,487.69% mean?

Formation Minerals (FOMI) has a Pretax Margin % of -1,487.69% as of Jan. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Formation Minerals and its competitors.

Is Formation Minerals' Pretax Margin % too high?

Formation Minerals' current Pretax Margin % is -1,487.69%.

How does Formation Minerals' Pretax Margin % compare to AVACF and COP?

Formation Minerals' Pretax Margin % of -1,487.69% can be compared against companies in the Oil & Gas industry. The industry median Pretax Margin % is 5.15. 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 5.15, based on 918 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 Formation Minerals and its competitors. For the Oil & Gas industry, the median Pretax Margin % is 5.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Formation Minerals's current Pretax Margin % is -1,487.69%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Formation Minerals stock overvalued right now?

Formation Minerals (FOMI) has a current Pretax Margin % of -1,487.69%. The current Pretax Margin % is -1,487.69%. 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 Formation Minerals (FOMI), the current Pretax Margin % is -1,487.69% as of Jan. 2025. 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.

Formation Minerals Business Description

Industry Energy Oil & Gas

Comparable Companies AVACF HKSE:00883 COP TSX:CNQ EOG MIC:NVTK FANG OXY EQT ASX:WDS EXE TSE:1605 DVN TPL CTRA OSL:AKRBP TSX:TOU BKK:PTTEP ASX:STO PR

Address P.O. Box 67, Jacksboro, TX, USA, 76458

Website https://www.formationminerals.com

Formation Minerals Inc is engaged in the acquisition and management of high-growth oil and gas minerals and royalties in the U.S. basins. The company is focused on providing returns through asset growth generated by acquisitions and organic growth of properties. Its portfolio includes the DJ Basin of Colorado and Wyoming, the Haynesville Shale of Louisiana, the Delaware and Permian Basin of Texas, the Marcellus and Utica shales in West Virginia, and the Anadarko Basin in Oklahoma.