The historical rank and industry rank for PAO Sovcomflot's Pretax Margin % or its related term are showing as below:
MIC:FLOT's Pretax Margin % is not ranked *
in the Oil & Gas industry.
Industry Median: 5.18 * Ranked among companies with meaningful Pretax Margin % only.
PAO Sovcomflot (MIC:FLOT) 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.
PAO Sovcomflot Pretax Margin % Related Terms
PAO Sovcomflot Pretax Margin % Historical Data
* Premium members only.
The historical data trend for PAO Sovcomflot'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.
MIC:FLOT vs EPD, WMB, ET: Pretax Margin % Comparison
For the Oil & Gas Midstream subindustry, PAO Sovcomflot'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.
PAO Sovcomflot Pretax Margin % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, PAO Sovcomflot's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where PAO Sovcomflot'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.
PAO Sovcomflot (MIC:FLOT) has a Pretax Margin % of 45.88% as of Jun. 2023. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on PAO Sovcomflot and its competitors.
Is PAO Sovcomflot's Pretax Margin % too high?
PAO Sovcomflot's current Pretax Margin % is 45.88%. The Oil & Gas industry median Pretax Margin % is 5.18. PAO Sovcomflot's value of 45.88% is 785.7% above this industry median. Overall, PAO Sovcomflot has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does PAO Sovcomflot's Pretax Margin % compare to EPD and WMB?
PAO Sovcomflot's Pretax Margin % of 45.88% can be compared against companies in the Oil & Gas industry. The industry median Pretax Margin % is 5.18. PAO Sovcomflot's value of 45.88% is 785.7% above this benchmark. 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 5.18, based on 921 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. PAO Sovcomflot's current Pretax Margin % of 45.88% is 785.7% 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 PAO Sovcomflot and its competitors. For the Oil & Gas industry, the median Pretax Margin % is 5.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PAO Sovcomflot's current Pretax Margin % is 45.88%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PAO Sovcomflot stock overvalued right now?
PAO Sovcomflot (MIC:FLOT) has a current Pretax Margin % of 45.88%. The current Pretax Margin % is 45.88% and 785.7% above the Oil & Gas industry median of 5.18. PAO Sovcomflot's overall GF Score™ is 17/100. 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 PAO Sovcomflot (MIC:FLOT), the current Pretax Margin % is 45.88% as of Jun. 2023. 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.
PAO Sovcomflot is a shipping company. It provides maritime transportation of hydrocarbons, as well as the servicing and support of offshore exploration and oil and gas production. The company's operating segment includes Offshore services; Gas transportation; Crude oil transportation; Oil products transportation and others. It generates maximum revenue from the Offshore services segment.
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