MIRXF (Serrano Resources) Pretax Margin %: % (As of Mar. 2026)


What is Serrano Resources Pretax Margin %?

Serrano Resources MIRXF Pretax Margin % is % as of Mar. 2026. Among 918 Oil & Gas companies, Serrano Resources ranks worse than 108932.35% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Serrano Resources's Pre-Tax Income for the three months ended in Mar. 2026 was $-0.01 Mil. Serrano Resources's Revenue for the three months ended in Mar. 2026 was $0.00 Mil. Therefore, Serrano Resources's pretax margin for the quarter that ended in Mar. 2026 was %.

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


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

Serrano Resources  (OTCPK:MIRXF) 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.


Serrano Resources Pretax Margin % Related Terms


Serrano Resources Pretax Margin % Historical Data

* Premium members only.

The historical data trend for Serrano Resources'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.

Serrano Resources Pretax Margin % Chart

Serrano Resources 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 0.00 0.00 0.00 0.00 0.00

Serrano Resources 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 0.00 0.00 0.00 0.00 0.00

MIRXF vs MTR, OKMN, HGTXU: Pretax Margin % Comparison

For the Oil & Gas E&P subindustry, Serrano Resources'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.


Serrano Resources Pretax Margin % vs Oil & Gas Industry

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

* The bar in red indicates where Serrano Resources's Pretax Margin % falls into.



Serrano Resources 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.

Serrano Resources'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 )
=-0.03/0
= %

Serrano Resources'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 )
=-0.005/0
= %

* 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 % mean?
Serrano Resources (MIRXF) has a Pretax Margin % of % as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Serrano Resources and its competitors. According to the industry distribution chart, Serrano Resources ranks #999999 out of 918 companies in the Oil & Gas industry.
Is Serrano Resources' Pretax Margin % too high?
Serrano Resources' current Pretax Margin % is %. Based on the distribution chart, Serrano Resources ranks #999999 out of 918 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers.
How does Serrano Resources' Pretax Margin % compare to MTR and OKMN?
According to the Oil & Gas industry distribution chart, Serrano Resources ranks #999999 out of 918 companies for Pretax Margin %. This places Serrano Resources 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 Serrano Resources 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. Serrano Resources's current Pretax Margin % is %. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Serrano Resources stock overvalued right now?
Serrano Resources (MIRXF) has a current Pretax Margin % of %. The current Pretax Margin % is %. 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 Serrano Resources (MIRXF), the current Pretax Margin % is % 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.

Serrano Resources Business Description

Industry EnergyOil & Gas
Address 401 West Georgia Street, Suite 2020, Vancouver, BC, CAN, V6B 5A1
Serrano Resources Ltd is engaged in the acquisition and exploration of oil and gas properties.