Tidewater Midstream and Infrastructure (FRA:TL50) Pretax Margin %: -4.77% (As of Mar. 2026)


FRA:TL50 Tidewater Midstream and Infrastructure Ltd FRA:TL50
42 GF Score
Price €10.10
GF Value €4.42
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Tidewater Midstream and Infrastructure Pretax Margin %?

Tidewater Midstream and Infrastructure FRA:TL50 42 Pretax Margin % is -4.77% as of Mar. 2026. GuruFocus rates FRA:TL50 with a GF Score™ of 42/100 and a GF Value™ of €4.42 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 918 Oil & Gas companies, Tidewater Midstream and Infrastructure ranks worse than 75.71% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Tidewater Midstream and Infrastructure's Pre-Tax Income for the three months ended in Mar. 2026 was €-11.6 Mil. Tidewater Midstream and Infrastructure's Revenue for the three months ended in Mar. 2026 was €243.1 Mil. Therefore, Tidewater Midstream and Infrastructure's pretax margin for the quarter that ended in Mar. 2026 was -4.77%.

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

FRA:TL50' s Pretax Margin % Range Over the Past 10 Years
Min: -20.39   Med: -0.16   Max: 17.12
Current: -7.46


FRA:TL50's Pretax Margin % is ranked worse than
75.71% of 918 companies
in the Oil & Gas industry
Industry Median: 5.15 vs FRA:TL50: -7.46

Tidewater Midstream and Infrastructure  (FRA:TL50) 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.


Tidewater Midstream and Infrastructure Pretax Margin % Related Terms


Tidewater Midstream and Infrastructure Pretax Margin % Historical Data

* Premium members only.

The historical data trend for Tidewater Midstream and Infrastructure'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.

Tidewater Midstream and Infrastructure Pretax Margin % Chart

Tidewater Midstream and Infrastructure Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.55 0.92 -20.39 -1.24 -8.91

Tidewater Midstream and Infrastructure Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 -10.29 -3.61 -9.75 -12.35 -4.77

FRA:TL50 vs WMB, EPD, KMI: Pretax Margin % Comparison

For the Oil & Gas Midstream subindustry, Tidewater Midstream and Infrastructure'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.


Tidewater Midstream and Infrastructure Pretax Margin % vs Oil & Gas Industry

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

* The bar in red indicates where Tidewater Midstream and Infrastructure's Pretax Margin % falls into.


FRA:TL50
42GF Score
Tidewater Midstream and Infrastructure Ltd FRA:TL50
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Tidewater Midstream and Infrastructure 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.

Tidewater Midstream and Infrastructure's Pretax Margin for the fiscal year that ended in Dec. 2025 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=-72.74/816.237
=-8.91 %

Tidewater Midstream and Infrastructure's Pretax Margin for the quarter that ended in Mar. 2026 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=-11.601/243.108
=-4.77 %

* 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 -4.77% mean?
Tidewater Midstream and Infrastructure (FRA:TL50) has a Pretax Margin % of -4.77% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Tidewater Midstream and Infrastructure and its competitors. According to the industry distribution chart, Tidewater Midstream and Infrastructure ranks #695 out of 918 companies in the Oil & Gas industry, placing it in the top 75.7%.
Is Tidewater Midstream and Infrastructure's Pretax Margin % too high?
Tidewater Midstream and Infrastructure's current Pretax Margin % is -4.77%. Based on the distribution chart, Tidewater Midstream and Infrastructure ranks #695 out of 918 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Tidewater Midstream and Infrastructure has a GF Score™ of 42/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tidewater Midstream and Infrastructure's Pretax Margin % compare to WMB and EPD?
According to the Oil & Gas industry distribution chart, Tidewater Midstream and Infrastructure ranks #695 out of 918 companies for Pretax Margin %. This places Tidewater Midstream and Infrastructure in the lower half of its 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 Tidewater Midstream and Infrastructure 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. Tidewater Midstream and Infrastructure's current Pretax Margin % is -4.77%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tidewater Midstream and Infrastructure stock overvalued right now?
Based on GuruFocus' analysis, Tidewater Midstream and Infrastructure (FRA:TL50) is currently considered Significantly Overvalued. The stock's GF Value™ is €4.42, compared to a current price of €10.10 — trading 128.5% above its estimated fair value. The current Pretax Margin % is -4.77%. Tidewater Midstream and Infrastructure's overall GF Score™ is 42/100 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 Tidewater Midstream and Infrastructure (FRA:TL50), the current Pretax Margin % is -4.77% as of Mar. 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 Tidewater Midstream and Infrastructure (FRA:TL50) Overvalued in 2026?

Based on GuruFocus' analysis, Tidewater Midstream and Infrastructure stock appears to be overvalued. The current stock price of €10.10 is trading 128.5% above its estimated GF Value™ of €4.42. GuruFocus considers Tidewater Midstream and Infrastructure to be Significantly Overvalued.

Key valuation signals for FRA:TL50:

  • Pretax Margin %: -4.77%
  • GF Value™: €4.42 vs. price of €10.10 (128.5% above fair value)
  • GF Score™: 42/100 with 7 warning signs

No single metric tells the full story. See the FRA:TL50 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tidewater Midstream and Infrastructure Business Description

Industry EnergyOil & Gas
Other Exchanges TWMIF:USATWM:Canada
Address 222 - 3rd Avenue SW, Suite 900, Calgary, AB, CAN, T2P 0B4
Tidewater Midstream and Infrastructure Ltd is a Canadian company that is engaged in providing midstream infrastructure and a natural gas storage facility. It mainly focuses on the purchase, sale, and transportation of Natural Gas Liquids (NGLs) such as propane, butane, and natural gasoline throughout North America and exports to premium markets. The business activities of the company include gathering, processing, and transportation related to raw gas gathering systems, processing plants, and pipelines, NGL marketing and Extraction, refined products, and other activities.
42GF Score

Get the complete analysis for FRA:TL50

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

€10.10
Price
€4.42
GF Value