SMGI (SMG Industries) Pretax Margin %: -3.69% (As of Sep. 2023)

What is SMG Industries Pretax Margin %?

SMG Industries SMGI 12 Pretax Margin % is -3.69% as of Sep. 2023. GuruFocus rates SMGI with a GF Score™ of 12/100.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. SMG Industries's Pre-Tax Income for the three months ended in Sep. 2023 was $-1.23 Mil. SMG Industries's Revenue for the three months ended in Sep. 2023 was $33.29 Mil. Therefore, SMG Industries's pretax margin for the quarter that ended in Sep. 2023 was -3.69%.

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

SMGI's Pretax Margin % is not ranked ^*
in the Oil & Gas industry.
Industry Median: 5.18
* Ranked among companies with meaningful Pretax Margin % only.

SMG Industries (OTCPK:SMGI) 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.

SMG Industries Pretax Margin % Related Terms

SMG Industries Pretax Margin % Historical Data

* Premium members only.

The historical data trend for SMG Industries'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.

SMG Industries Pretax Margin % Chart

SMG Industries Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Pretax Margin %

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-25.85

-679.57

-52.90

-22.04

-16.55

SMG Industries Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Pretax Margin %	Get a 7-Day Free Trial															-16.54	-11.10	-16.89	-8.06	-3.69

SMGI vs SND, PFIE, NINE: Pretax Margin % Comparison

For the Oil & Gas Equipment & Services subindustry, SMG Industries'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.

SMG Industries Pretax Margin % vs Oil & Gas Industry

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

* The bar in red indicates where SMG Industries's Pretax Margin % falls into.

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SMG Industries Inc SMGI

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SMG Industries 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.

SMG Industries's Pretax Margin for the fiscal year that ended in Dec. 2022 is calculated as

Pretax Margin	=	Pre-Tax Income (A: Dec. 2022 )	/	Revenue (A: Dec. 2022 )
	=	-11.751	/	71.022
	=	-16.55 %

SMG Industries's Pretax Margin for the quarter that ended in Sep. 2023 is calculated as

Pretax Margin	=	Pre-Tax Income (Q: Sep. 2023 )	/	Revenue (Q: Sep. 2023 )
	=	-1.228	/	33.29
	=	-3.69 %

Frequently Asked Questions Learn more about Pretax Margin % →

What does a Pretax Margin % of -3.69% mean?

SMG Industries (SMGI) has a Pretax Margin % of -3.69% as of Sep. 2023. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on SMG Industries and its competitors.

Is SMG Industries' Pretax Margin % too high?

SMG Industries' current Pretax Margin % is -3.69%. Overall, SMG Industries has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.

How does SMG Industries' Pretax Margin % compare to SND and PFIE?

SMG Industries' Pretax Margin % of -3.69% can be compared against companies in the Oil & Gas industry. The industry median Pretax Margin % is 5.18. 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. 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 SMG Industries 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. SMG Industries's current Pretax Margin % is -3.69%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is SMG Industries stock overvalued right now?

SMG Industries (SMGI) has a current Pretax Margin % of -3.69%. The current Pretax Margin % is -3.69%. SMG Industries' overall GF Score™ is 12/100. 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 SMG Industries (SMGI), the current Pretax Margin % is -3.69% as of Sep. 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.

SMG Industries Business Description

Industry Energy Oil & Gas

Comparable Companies SND PFIE NINE DTI DWSN FTK NCSM VYEY QSEP SDPI SLB BKR HAL MIL:TEN FTI NOV SHSE:601808 WFRD ASX:WOR CHX

Address State Highway 249, Suite 450, Houston, TX, USA, 77070

Website https://www.SMGIndustries.com

SMG Industries Inc is an oilfield service company that is a growth-oriented midstream, logistics, and oilfield services company that operates throughout the domestic Southwest United States. It offers an expanding suite of products and services across the oilfield market segments of drilling, completion, and production.

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