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Total Energy Services (TSX:TOT) Pretax Margin % : 5.92% (As of Dec. 2023)


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What is Total Energy Services Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Total Energy Services's Pre-Tax Income for the three months ended in Dec. 2023 was C$12.6 Mil. Total Energy Services's Revenue for the three months ended in Dec. 2023 was C$213.8 Mil. Therefore, Total Energy Services's pretax margin for the quarter that ended in Dec. 2023 was 5.92%.

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

TSX:TOT' s Pretax Margin % Range Over the Past 10 Years
Min: -11.62   Med: 1.91   Max: 16.44
Current: 8.01


TSX:TOT's Pretax Margin % is ranked better than
54.81% of 978 companies
in the Oil & Gas industry
Industry Median: 6.42 vs TSX:TOT: 8.01

Total Energy Services Pretax Margin % Historical Data

The historical data trend for Total Energy Services'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.

Total Energy Services Pretax Margin % Chart

Total Energy Services 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 0.83 -11.62 -0.90 5.94 7.92

Total Energy Services Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 6.50 11.72 3.89 9.97 5.92

Competitive Comparison of Total Energy Services's Pretax Margin %

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


Total Energy Services's Pretax Margin % Distribution in the Oil & Gas Industry

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

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



Total Energy Services 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.

Total Energy Services'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 )
=70.722/892.396
=7.92 %

Total Energy Services's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=12.648/213.758
=5.92 %

* 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.


Total Energy Services  (TSX:TOT) 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.


Total Energy Services Pretax Margin % Related Terms

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Total Energy Services (TSX:TOT) Business Description

Traded in Other Exchanges
Address
734 - 7th Avenue S.W., Suite 1000, Calgary, AB, CAN, T2P 3P8
Total Energy Services Inc is an energy services company. The operating segments of the company are Contract Drilling Services, Rentals & Transportation Services, Compression & Process Service, Well servicing, and Corporate. The majority of revenue is from the Compression & Process Service segment, which includes the Company fabricates a full range of natural gas compression equipment as well as oil, natural gas and other process equipment The company's operations are conducted in Canada, the United States of America, and Australia, out of which the majority are from Canada.
Executives
George K. Chow Director

Total Energy Services (TSX:TOT) Headlines

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