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Cathedral Energy Services (Cathedral Energy Services) Pretax Margin % : 5.08% (As of Dec. 2023)


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What is Cathedral Energy Services Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Cathedral Energy Services's Pre-Tax Income for the three months ended in Dec. 2023 was $5.5 Mil. Cathedral Energy Services's Revenue for the three months ended in Dec. 2023 was $108.4 Mil. Therefore, Cathedral Energy Services's pretax margin for the quarter that ended in Dec. 2023 was 5.08%.

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

CETEF' s Pretax Margin % Range Over the Past 10 Years
Min: -62.64   Med: -2.36   Max: 7.2
Current: 3.78


CETEF's Pretax Margin % is ranked worse than
56.03% of 978 companies
in the Oil & Gas industry
Industry Median: 6.42 vs CETEF: 3.78

Cathedral Energy Services Pretax Margin % Historical Data

The historical data trend for Cathedral 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.

Cathedral Energy Services Pretax Margin % Chart

Cathedral 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 -15.56 -62.64 -13.80 7.20 3.70

Cathedral 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 11.18 0.94 3.99 4.81 5.08

Competitive Comparison of Cathedral Energy Services's Pretax Margin %

For the Oil & Gas Drilling subindustry, Cathedral 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.


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

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

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



Cathedral 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.

Cathedral 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 )
=15.047/406.453
=3.70 %

Cathedral 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 )
=5.504/108.392
=5.08 %

* 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.


Cathedral Energy Services  (OTCPK:CETEF) 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.


Cathedral Energy Services Pretax Margin % Related Terms

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Cathedral Energy Services (Cathedral Energy Services) Business Description

Traded in Other Exchanges
Address
6030 - 3rd Street S.E., Calgary, AB, CAN, T2H 1K2
Cathedral Energy Services Ltd is a Canadian-based company that is involved and engaged in the business of providing directional drilling services to oil and natural gas companies in western Canada and the United States. The Directional Drilling division provides horizontal, directional, and underbalanced drilling services. Geographically the company caters its services to Canada and the United States, of which a majority of the revenue is derived from United States.

Cathedral Energy Services (Cathedral Energy Services) Headlines