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Seapeak LLC (Seapeak LLC) Pretax Margin % : 45.60% (As of Mar. 2024)


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What is Seapeak LLC Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Seapeak LLC's Pre-Tax Income for the three months ended in Mar. 2024 was $81.68 Mil. Seapeak LLC's Revenue for the three months ended in Mar. 2024 was $179.12 Mil. Therefore, Seapeak LLC's pretax margin for the quarter that ended in Mar. 2024 was 45.60%.

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

SEALpA.PFD' s Pretax Margin % Range Over the Past 10 Years
Min: 5.89   Med: 32.1   Max: 56.21
Current: 43.35


SEALpA.PFD's Pretax Margin % is not ranked
in the Oil & Gas industry.
Industry Median: 5.96 vs SEALpA.PFD: 43.35

Seapeak LLC Pretax Margin % Historical Data

The historical data trend for Seapeak LLC'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.

Seapeak LLC Pretax Margin % Chart

Seapeak LLC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.62 17.05 43.90 39.99 45.12

Seapeak LLC Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 53.76 56.49 67.79 2.88 45.60

Competitive Comparison of Seapeak LLC's Pretax Margin %

For the Oil & Gas Midstream subindustry, Seapeak LLC'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.


Seapeak LLC's Pretax Margin % Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Seapeak LLC's Pretax Margin % falls into.



Seapeak LLC 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.

Seapeak LLC's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=327.927/726.791
=45.12 %

Seapeak LLC's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=81.683/179.117
=45.60 %

* 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.


Seapeak LLC  (NYSE:SEALpA.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.


Seapeak LLC Pretax Margin % Related Terms

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Seapeak LLC (Seapeak LLC) Business Description

Traded in Other Exchanges
Address
550 Burrard Street, Suite 2000, Bentall 5, Vancouver, BC, CAN, V6C 2K2
Seapeak LLC is a provider of marine transportation services for liquefied natural gas, liquefied petroleum gas and crude oil. The company operates into two segments namely: the LNG segment and the NGL segment. The Company has renamed its LPG segment as the NGL segment. LNG segment consists of LNG carriers which generally operate under long-term, fixed-rate charters to international energy companies. NGL segment consists of LPG, Ethane and multi-gas carriers which generally operate under voyage charters or time charters. It derives maximum revenue from the LNG segment. The majority of these services are provided through either a time charter, voyage charter, and bareboat charter contract.