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Athabasca Oil (TSX:ATH) Pretax Margin % : 17.66% (As of Dec. 2023)


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What is Athabasca Oil Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Athabasca Oil's Pre-Tax Income for the three months ended in Dec. 2023 was C$56 Mil. Athabasca Oil's Revenue for the three months ended in Dec. 2023 was C$316 Mil. Therefore, Athabasca Oil's pretax margin for the quarter that ended in Dec. 2023 was 17.66%.

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

TSX:ATH' s Pretax Margin % Range Over the Past 10 Years
Min: -938.2   Med: -48.54   Max: 45.03
Current: -2.93


TSX:ATH's Pretax Margin % is ranked worse than
74.34% of 978 companies
in the Oil & Gas industry
Industry Median: 6.42 vs TSX:ATH: -2.93

Athabasca Oil Pretax Margin % Historical Data

The historical data trend for Athabasca Oil'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.

Athabasca Oil Pretax Margin % Chart

Athabasca Oil 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 29.50 -141.51 45.03 10.57 -2.93

Athabasca Oil 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 27.03 -22.95 24.60 -25.24 17.66

Competitive Comparison of Athabasca Oil's Pretax Margin %

For the Oil & Gas E&P subindustry, Athabasca Oil'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.


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

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

* The bar in red indicates where Athabasca Oil's Pretax Margin % falls into.



Athabasca Oil 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.

Athabasca Oil'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 )
=-37.134/1268.525
=-2.93 %

Athabasca Oil'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 )
=55.807/315.929
=17.66 %

* 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.


Athabasca Oil  (TSX:ATH) 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.


Athabasca Oil Pretax Margin % Related Terms

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Athabasca Oil (TSX:ATH) Business Description

Traded in Other Exchanges
Address
215 - 9th Avenue SW, Suite 1200, Calgary, AB, CAN, T2P 1K3
Athabasca Oil Corp is an energy company. It is focused on the exploration, development, and production of light oil and liquids-rich natural gas. The company organizes its business under two operational segments, Light Oil and Thermal Oil. It generates maximum revenue from the Thermal Oil segment. Thermal Oil includes the exploration, development, and production of bitumen from sand and carbonate rock formations located in the Athabasca region of Northern Alberta.