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.
Highwater Ethanol LLC Pretax Margin % Related Terms
Highwater Ethanol LLC Pretax Margin % Historical Data
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The historical data trend for Highwater Ethanol LLC'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.
HEOL vs BDCO, DLXY, FGPR: Pretax Margin % Comparison
For the Oil & Gas Refining & Marketing subindustry, Highwater Ethanol LLC'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.
Highwater Ethanol LLC Pretax Margin % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Highwater Ethanol LLC's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Highwater Ethanol LLC'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.
Highwater Ethanol LLC (HEOL) has a Pretax Margin % of 21.67% as of Apr. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Highwater Ethanol LLC and its competitors. This is 454% above median its historical median of 3.91.
Is Highwater Ethanol LLC's Pretax Margin % too high?
Highwater Ethanol LLC's current Pretax Margin % of 21.67% is 454% above median its 10-year median of 3.91. The Oil & Gas industry median Pretax Margin % is 5.17. Highwater Ethanol LLC's value of 21.67% is 319.6% above this industry median. Overall, Highwater Ethanol LLC has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does Highwater Ethanol LLC's Pretax Margin % compare to BDCO and DLXY?
Highwater Ethanol LLC's Pretax Margin % of 21.67% can be compared against companies in the Oil & Gas industry. The industry median Pretax Margin % is 5.17. Highwater Ethanol LLC's value of 21.67% is 319.6% above this benchmark. While the company's 10-year median is 3.91 vs. the industry median of 5.17, Highwater Ethanol LLC has consistently been above the industry average. 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. Highwater Ethanol LLC's current Pretax Margin % of 21.67% is 319.6% above 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 Highwater Ethanol LLC 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. Highwater Ethanol LLC's current Pretax Margin % is 21.67%, which is 454% above median its own 10-year median of 3.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Highwater Ethanol LLC stock overvalued right now?
Highwater Ethanol LLC (HEOL) has a current Pretax Margin % of 21.67%. The stock's GF Value™ is $11,817.74, compared to a current price of $14,901.00 — trading 26.1% above its estimated fair value. The current Pretax Margin % is 21.67%, which is 454% above median its 10-year median of 3.91 and 319.6% above the Oil & Gas industry median of 5.17. Highwater Ethanol LLC's overall GF Score™ is 32/100 with 3 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 Highwater Ethanol LLC (HEOL), the current Pretax Margin % is 21.67% 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 Highwater Ethanol LLC (HEOL) Overvalued in 2026?
Based on GuruFocus' analysis, Highwater Ethanol LLC stock appears to be overvalued.
The current stock price of $14,901.00 is trading 26.1% above its estimated GF Value™ of $11,817.74.
Key valuation signals for HEOL:
Pretax Margin %: 21.67% (454% above median its 10-year median of 3.91)
GF Value™: $11,817.74 vs. price of $14,901.00 (26.1% above fair value)
Industry Position: 319.6% above the Oil & Gas median
No single metric tells the full story. See the HEOL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Highwater Ethanol LLC is engaged in the production of ethanol and distillers grains at the plant. It focuses on the manufacturing and marketing of fuel-grade ethanol and the co-products of the ethanol production process. Its products include fuel-grade ethanol, distillers grains, and corn oil. The company produces and sells fuel ethanol and co-products of the fuel ethanol production process in the continental United States.
32GF Score
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