Petrovietnam Drilling & Well Service (STC:PVD) Pretax Margin % : 12.76% (As of Dec. 2023)

View and export this data going back to 2006. Start your Free Trial

What is Petrovietnam Drilling & Well Service Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Petrovietnam Drilling & Well Service's Pre-Tax Income for the three months ended in Dec. 2023 was ₫225,965 Mil. Petrovietnam Drilling & Well Service's Revenue for the three months ended in Dec. 2023 was ₫1,771,068 Mil. Therefore, Petrovietnam Drilling & Well Service's pretax margin for the quarter that ended in Dec. 2023 was 12.76%.

The historical rank and industry rank for Petrovietnam Drilling & Well Service's Pretax Margin % or its related term are showing as below:

STC:PVD' s Pretax Margin % Range Over the Past 10 Years
Min: -2.55 Med: 4.28 Max: 15.22
Current: 11.3

STC:PVD's Pretax Margin % is ranked better than
60.63% of 978 companies
in the Oil & Gas industry
Industry Median: 6.42 vs STC:PVD: 11.30

Petrovietnam Drilling & Well Service Pretax Margin % Historical Data

The historical data trend for Petrovietnam Drilling & Well Service'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.

Petrovietnam Drilling & Well Service Pretax Margin % Chart

Petrovietnam Drilling & Well Service Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Pretax Margin %

Get a 7-Day Free Trial

4.33

3.89

1.56

-2.55

11.34

Petrovietnam Drilling & Well Service 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															2.00	5.13	15.06	11.04	12.76

Competitive Comparison of Petrovietnam Drilling & Well Service's Pretax Margin %

For the Oil & Gas Drilling subindustry, Petrovietnam Drilling & Well Service'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.

Petrovietnam Drilling & Well Service's Pretax Margin % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Petrovietnam Drilling & Well Service's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Petrovietnam Drilling & Well Service's Pretax Margin % falls into.

Petrovietnam Drilling & Well Service 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.

Petrovietnam Drilling & Well Service'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 )
	=	658379.272	/	5804412.485
	=	11.34 %

Petrovietnam Drilling & Well Service'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 )
	=	225964.671	/	1771068.371
	=	12.76 %

Petrovietnam Drilling & Well Service (STC:PVD) 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.

Petrovietnam Drilling & Well Service Pretax Margin % Related Terms

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

Petrovietnam Drilling & Well Service (STC:PVD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Petrovietnam Drilling & Well Service Corp (STC:PVD) » Definitions » Pretax Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

4th Floor, Sailing Tower, 111A Pasteur Street, Ben Nghe Ward, District 1, Ho Chi Minh, VNM

Website

http://www.pvdrilling.com.vn

Petrovietnam Drilling & Well Service Corp is a provider of drilling rigs and technical services for the exploration and exploitation of oil and gas industry locally and internationally. The company operates through three segments namely Drilling services, Trading, and Other services. Its Drilling services segment offers drilling rigs and drilling services. The Trading segment produces material and equipment for drilling-related activities. Its Other services segment is involved in administering well services, wireline logging, oil spill control service, drilling manpower supply service, investment-management project consulting service, management consulting service and other related services. Geographically it operates in Vietnam, Malaysia, Myanmar, Algeria.

Petrovietnam Drilling & Well Service (STC:PVD) Headlines

No Headlines