NOVAQ (Sunnova Energy International) Pretax Margin %: -50.32% (As of Dec. 2024)


What is Sunnova Energy International Pretax Margin %?

Sunnova Energy International NOVAQ Pretax Margin % is -50.32% as of Dec. 2024.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Sunnova Energy International's Pre-Tax Income for the three months ended in Dec. 2024 was $-112.8 Mil. Sunnova Energy International's Revenue for the three months ended in Dec. 2024 was $224.1 Mil. Therefore, Sunnova Energy International's pretax margin for the quarter that ended in Dec. 2024 was -50.32%.

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


NOVAQ's Pretax Margin % is not ranked *
in the Semiconductors industry.
Industry Median: 5.08
* Ranked among companies with meaningful Pretax Margin % only.

Sunnova Energy International  (OTCPK:NOVAQ) 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.

Sunnova Energy International Pretax Margin % Related Terms

Sunnova Energy International Pretax Margin % Historical Data

* Premium members only.

The historical data trend for Sunnova Energy International'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.

Sunnova Energy International Pretax Margin % Chart

Sunnova Energy International Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Pretax Margin %
Get a 7-Day Free Trial -191.29 -60.91 -22.66 -69.86 -70.52

Sunnova Energy International Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 -120.62 -82.72 -68.29 -83.49 -50.32

NOVAQ vs VSTTF, SING, APWL: Pretax Margin % Comparison

For the Solar subindustry, Sunnova Energy International'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.

Sunnova Energy International Pretax Margin % vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Sunnova Energy International's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Sunnova Energy International's Pretax Margin % falls into.


Sunnova Energy International 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.

Sunnova Energy International's Pretax Margin for the fiscal year that ended in Dec. 2024 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2024 )/Revenue (A: Dec. 2024 )
=-592.286/839.922
=-70.52 %

Sunnova Energy International's Pretax Margin for the quarter that ended in Dec. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Dec. 2024 )/Revenue (Q: Dec. 2024 )
=-112.781/224.127
=-50.32 %

* 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 -50.32% mean?
Sunnova Energy International (NOVAQ) has a Pretax Margin % of -50.32% as of Dec. 2024. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Sunnova Energy International and its competitors.
Is Sunnova Energy International's Pretax Margin % too high?
Sunnova Energy International's current Pretax Margin % is -50.32%.
How does Sunnova Energy International's Pretax Margin % compare to VSTTF and SING?
Sunnova Energy International's Pretax Margin % of -50.32% can be compared against companies in the Semiconductors industry. The industry median Pretax Margin % is 5.08. 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 a Semiconductors company?
The median Pretax Margin % among Semiconductors companies is 5.08, based on 1,023 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 Sunnova Energy International and its competitors. For the Semiconductors industry, the median Pretax Margin % is 5.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sunnova Energy International's current Pretax Margin % is -50.32%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sunnova Energy International stock overvalued right now?
Sunnova Energy International (NOVAQ) has a current Pretax Margin % of -50.32%. The current Pretax Margin % is -50.32%. 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 Sunnova Energy International (NOVAQ), the current Pretax Margin % is -50.32% as of Dec. 2024. 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.

Sunnova Energy International Business Description

Address 20 East Greenway Plaza, Suite 540, Houston, TX, USA, 77046
Sunnova Energy International Inc is a residential solar energy products and services provider company. It offers services such as operations and maintenance, monitoring, repairs and replacements, equipment upgrades, and onsite power optimization. The products and services offered by the group include Add-on battery storage, Home solar protection plans, New solar battery storage, and various other solar systems. It operates in a single reportable segment: solar energy products and services.