Strathcona Resources (TSX:SCR) Pretax Margin % : 19.07% (As of Sep. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Strathcona Resources Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Strathcona Resources's Pre-Tax Income for the three months ended in Sep. 2024 was C$251 Mil. Strathcona Resources's Revenue for the three months ended in Sep. 2024 was C$1,317 Mil. Therefore, Strathcona Resources's pretax margin for the quarter that ended in Sep. 2024 was 19.07%.

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

TSX:SCR' s Pretax Margin % Range Over the Past 10 Years
Min: 17.45 Med: 19.91 Max: 22.37
Current: 19.52

TSX:SCR's Pretax Margin % is ranked better than
73.63% of 948 companies
in the Oil & Gas industry
Industry Median: 5.435 vs TSX:SCR: 19.52

Strathcona Resources Pretax Margin % Historical Data

The historical data trend for Strathcona Resources'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.

Strathcona Resources Pretax Margin % Chart

Strathcona Resources Annual Data

Trend

Dec22

Dec23

Pretax Margin %

22.37

17.45

Strathcona Resources Quarterly Data
	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Pretax Margin %	Get a 7-Day Free Trial				0.27	27.23	11.43	20.27	19.07

Competitive Comparison of Strathcona Resources's Pretax Margin %

For the Oil & Gas E&P subindustry, Strathcona Resources'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.

Strathcona Resources's Pretax Margin % Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Strathcona Resources's Pretax Margin % falls into.

Strathcona Resources 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.

Strathcona Resources'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 )
	=	836.5	/	4794.6
	=	17.45 %

Strathcona Resources's Pretax Margin for the quarter that ended in Sep. 2024 is calculated as

Pretax Margin	=	Pre-Tax Income (Q: Sep. 2024 )	/	Revenue (Q: Sep. 2024 )
	=	251.1	/	1316.9
	=	19.07 %

Strathcona Resources (TSX:SCR) 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.

Strathcona Resources Pretax Margin % Related Terms

Thank you for viewing the detailed overview of Strathcona Resources's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.

Strathcona Resources Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Strathcona Resources Ltd (TSX:SCR) » Definitions » Pretax Margin %

Comparable Companies

Traded in Other Exchanges

STHRF:USA YE2:Germany

Address

421 7th Avenue South west, Suite 1900, Calgary, AB, CAN, T2P4K9

Website

https://www.strathconaresources.com

Strathcona Resources Ltd is an energy company, it is a consolidator and developer of oil and gas assets. It has three segments Cold Lake Thermal, which includes three producing assets in the Cold Lake region of Northern Alberta: Lindbergh, Orion, and Tucker; Lloydminster Heavy Oil which has multiple large oil-in-place reservoirs accessed through enhanced oil recovery techniques and thermal steam-assisted gravity drainage (SAGD), primarily located in Southwest Saskatchewan; and Montney which includes assets in the Northwest Alberta Kakwa and Grande Prairie regions and the Northeast British Columbia Groundbirch region.