The historical rank and industry rank for SMG Industries's Pretax Margin % or its related term are showing as below:
SMGI'
s Pretax Margin % Range Over the Past 10 Years
Min: -679.57 Med: -22.04 Max: 23
Current: -9.04
SMGI's Pretax Margin % is ranked worse than 76.92% of 979
companies
in the Oil & Gas industry
Industry Median: 6.11
vs SMGI: -9.04
SMG Industries Pretax Margin % Historical Data
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.
Competitive Comparison of SMG Industries's Pretax Margin %
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's Pretax Margin % Distribution in the 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.
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
* 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.
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
Thank you for viewing the detailed overview of SMG Industries's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
SMG Industries (SMG Industries) Business Description
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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