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Parker Drilling Co (Parker Drilling Co) Pretax Margin % : 0.13% (As of Dec. 2019)


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What is Parker Drilling Co Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Parker Drilling Co's Pre-Tax Income for the three months ended in Dec. 2019 was $0.2 Mil. Parker Drilling Co's Revenue for the three months ended in Dec. 2019 was $156.3 Mil. Therefore, Parker Drilling Co's pretax margin for the quarter that ended in Dec. 2019 was 0.13%.

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


PKDC's Pretax Margin % is not ranked *
in the Oil & Gas industry.
Industry Median: 5.98
* Ranked among companies with meaningful Pretax Margin % only.

Parker Drilling Co Pretax Margin % Historical Data

The historical data trend for Parker Drilling Co'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.

Parker Drilling Co Pretax Margin % Chart

Parker Drilling Co Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -10.11 -36.68 -24.78 -32.84 -11.43

Parker Drilling Co Quarterly Data
Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19
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 -31.62 -56.92 5.40 5.60 0.13

Competitive Comparison of Parker Drilling Co's Pretax Margin %

For the Oil & Gas Equipment & Services subindustry, Parker Drilling Co'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.


Parker Drilling Co's Pretax Margin % Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Parker Drilling Co's Pretax Margin % falls into.



Parker Drilling Co 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.

Parker Drilling Co's Pretax Margin for the fiscal year that ended in Dec. 2019 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2019 )/Revenue (A: Dec. 2019 )
=-71.988/629.792
=-11.43 %

Parker Drilling Co's Pretax Margin for the quarter that ended in Dec. 2019 is calculated as

Pretax Margin=Pre-Tax Income (Q: Dec. 2019 )/Revenue (Q: Dec. 2019 )
=0.203/156.281
=0.13 %

* 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.


Parker Drilling Co  (OTCPK:PKDC) 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.


Parker Drilling Co Pretax Margin % Related Terms

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Parker Drilling Co (Parker Drilling Co) Business Description

Traded in Other Exchanges
N/A
Address
5 Greenway Plaza, Suite 100, Houston, TX, USA, 77046
Parker Drilling Co is a provider of contract drilling and drilling-related services as well as rental tools and services. It reports its Drilling Services business into two segments namely U.S. (Lower 48) Drilling and International & Alaska Drilling. For Rental Tools Services business reports two segments namely U.S. Rental Tools and International Rental Tools. In the Drilling Services business, the company drill oil, natural gas, and geothermal wells. In Rental business, it provides rental equipment and services to exploration & production companies, drilling contractors and service companies on land and offshore in the United States.