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HMLPF.PFD (Hoegh LNG Partners LP) Pretax Margin % : 33.61% (As of Sep. 2022)


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What is Hoegh LNG Partners LP Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Hoegh LNG Partners LP's Pre-Tax Income for the three months ended in Sep. 2022 was $12.42 Mil. Hoegh LNG Partners LP's Revenue for the three months ended in Sep. 2022 was $36.95 Mil. Therefore, Hoegh LNG Partners LP's pretax margin for the quarter that ended in Sep. 2022 was 33.61%.

The historical rank and industry rank for Hoegh LNG Partners LP's Pretax Margin % or its related term are showing as below:

HMLPF.PFD' s Pretax Margin % Range Over the Past 10 Years
Min: 2.41   Med: 51.84   Max: 78.46
Current: 52.99


HMLPF.PFD's Pretax Margin % is not ranked
in the Oil & Gas industry.
Industry Median: 5.435 vs HMLPF.PFD: 52.99

Hoegh LNG Partners LP Pretax Margin % Historical Data

The historical data trend for Hoegh LNG 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.

* Premium members only.

Hoegh LNG Partners LP Pretax Margin % Chart

Hoegh LNG Partners LP Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 43.94 58.63 41.27 48.02 54.00

Hoegh LNG Partners LP Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 56.68 46.12 65.08 44.60 33.61

Competitive Comparison of Hoegh LNG Partners LP's Pretax Margin %

For the Oil & Gas Midstream subindustry, Hoegh LNG 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.


Hoegh LNG Partners LP's Pretax Margin % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Hoegh LNG Partners LP's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Hoegh LNG Partners LP's Pretax Margin % falls into.



Hoegh LNG Partners LP 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.

Hoegh LNG Partners LP's Pretax Margin for the fiscal year that ended in Dec. 2021 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2021 )/Revenue (A: Dec. 2021 )
=76.285/141.26
=54.00 %

Hoegh LNG Partners LP's Pretax Margin for the quarter that ended in Sep. 2022 is calculated as

Pretax Margin=Pre-Tax Income (Q: Sep. 2022 )/Revenue (Q: Sep. 2022 )
=12.417/36.947
=33.61 %

* 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.


Hoegh LNG Partners LP  (OTCPK:HMLPF.PFD) 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.


Hoegh LNG Partners LP Pretax Margin % Related Terms

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Hoegh LNG Partners LP Business Description

Traded in Other Exchanges
N/A
Address
22 Victoria Street, Canon\'s Court, Hamilton, BMU, HM 12
Hoegh LNG Partners LP is a floating LNG service provider, to own, operate and acquire floating storage and regasification units (FSRUs), LNG carriers and other LNG infrastructure assets.

Hoegh LNG Partners LP Headlines

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