CES Energy Solutions (TSX:CEU) Pretax Margin %: 9.40% (As of Mar. 2026) — 123% Above Median


TSX:CEU CES Energy Solutions Corp TSX:CEU
71 GF Score
Price C$16.65
GF Value C$9.26
Valuation Significantly Overvalued
! 1 Warning Sign
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What is CES Energy Solutions Pretax Margin %?

CES Energy Solutions TSX:CEU +2.02% 71 Pretax Margin % is 9.40% as of Mar. 2026, which is 123% above its 10-year median of 4.22. GuruFocus rates TSX:CEU with a GF Score™ of 71/100 and a GF Value™ of C$9.26 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 921 Oil & Gas companies, CES Energy Solutions ranks better than 64.28% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. CES Energy Solutions's Pre-Tax Income for the three months ended in Mar. 2026 was C$64 Mil. CES Energy Solutions's Revenue for the three months ended in Mar. 2026 was C$682 Mil. Therefore, CES Energy Solutions's pretax margin for the quarter that ended in Mar. 2026 was 9.40%.

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

TSX:CEU' s Pretax Margin % Range Over the Past 10 Years
Min: -31.17   Med: 4.22   Max: 10.38
Current: 10.38


TSX:CEU's Pretax Margin % is ranked better than
64.28% of 921 companies
in the Oil & Gas industry
Industry Median: 5.18 vs TSX:CEU: 10.38

CES Energy Solutions  (TSX:CEU) 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.


CES Energy Solutions Pretax Margin % Related Terms


CES Energy Solutions Pretax Margin % Historical Data

* Premium members only.

The historical data trend for CES Energy Solutions'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.

CES Energy Solutions Pretax Margin % Chart

CES Energy Solutions 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 4.37 6.59 8.76 10.02 10.29

CES Energy Solutions 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 8.98 11.16 9.64 11.40 9.40

TSX:CEU vs SLB, BKR, HAL: Pretax Margin % Comparison

For the Oil & Gas Equipment & Services subindustry, CES Energy Solutions'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.


CES Energy Solutions Pretax Margin % vs Oil & Gas Industry

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

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


TSX:CEU
71GF Score
CES Energy Solutions Corp TSX:CEU
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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CES Energy Solutions 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.

CES Energy Solutions'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 )
=256.62/2494.152
=10.29 %

CES Energy Solutions'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 )
=64.082/681.506
=9.40 %

* 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 9.40% mean?
CES Energy Solutions (TSX:CEU) has a Pretax Margin % of 9.40% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on CES Energy Solutions and its competitors. This is 123% above median its historical median of 4.22. According to the industry distribution chart, CES Energy Solutions ranks #329 out of 921 companies in the Oil & Gas industry, placing it in the top 35.7%.
Is CES Energy Solutions' Pretax Margin % too high?
CES Energy Solutions' current Pretax Margin % of 9.40% is 123% above median its 10-year median of 4.22. The Oil & Gas industry median Pretax Margin % is 5.18. CES Energy Solutions' value of 9.40% is 81.5% above this industry median. Based on the distribution chart, CES Energy Solutions ranks #329 out of 921 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, CES Energy Solutions has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CES Energy Solutions' Pretax Margin % compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, CES Energy Solutions ranks #329 out of 921 companies for Pretax Margin %. This puts CES Energy Solutions in the upper half of its industry. The industry median Pretax Margin % is 5.18. CES Energy Solutions' value of 9.40% is 81.5% above this benchmark. While the company's 10-year median is 4.22 vs. the industry median of 5.18, CES Energy Solutions has consistently been above the industry average. 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. CES Energy Solutions's current Pretax Margin % of 9.40% is 81.5% above the industry median. 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 CES Energy Solutions 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. CES Energy Solutions's current Pretax Margin % is 9.40%, which is 123% above median its own 10-year median of 4.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CES Energy Solutions stock overvalued right now?
Based on GuruFocus' analysis, CES Energy Solutions (TSX:CEU) is currently considered Significantly Overvalued. The stock's GF Value™ is C$9.26, compared to a current price of C$16.65 — trading 79.8% above its estimated fair value. The current Pretax Margin % is 9.40%, which is 123% above median its 10-year median of 4.22 and 81.5% above the Oil & Gas industry median of 5.18. CES Energy Solutions' overall GF Score™ is 71/100 with 1 warning sign to review. 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 CES Energy Solutions (TSX:CEU), the current Pretax Margin % is 9.40% 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.

Is CES Energy Solutions (TSX:CEU) Overvalued in 2026?

Based on GuruFocus' analysis, CES Energy Solutions stock appears to be overvalued. The current stock price of C$16.65 is trading 79.8% above its estimated GF Value™ of C$9.26. GuruFocus considers CES Energy Solutions to be Significantly Overvalued.

Key valuation signals for TSX:CEU:

  • Pretax Margin %: 9.40% (123% above median its 10-year median of 4.22)
  • GF Value™: C$9.26 vs. price of C$16.65 (79.8% above fair value)
  • GF Score™: 71/100 with 1 warning sign
  • Industry Position: 81.5% above the Oil & Gas median (#329 of 921)

No single metric tells the full story. See the TSX:CEU stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CES Energy Solutions Business Description

Industry EnergyOil & Gas
Other Exchanges CESDF:USA7C4:Germany
Address 332 - 6th Avenue S.W., Suite 1400, Calgary, AB, CAN, T2P 0B2
CES Energy Solutions Corp business is to design, implement, and manufacture consumable fluids and specialty chemicals for the North American oil and gas industry. This includes solutions at drill-bit, at point of completion and stimulation, at wellhead and pump-jack and to the pipeline and midstream market. Its geographical segments are the United States and Canada, of which the majority of its revenue comes from the United States.
71GF Score

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Pretax Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$16.65
Price
C$9.26
GF Value