MARPS (Marine Petroleum Trust) Tax Rate %: 0.00% (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MARPS Marine Petroleum Trust MARPS
66 GF Score
Price $5.00
GF Value $3.68
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Marine Petroleum Trust Tax Rate %?

Marine Petroleum Trust MARPS +0.56% 66 Tax Rate % is 0.00% as of Mar. 2026. GuruFocus rates MARPS with a GF Score™ of 66/100 and a GF Value™ of $3.68 (Significantly Overvalued). The stock has 2 warning signs investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Marine Petroleum Trust's Tax Expense for the three months ended in Mar. 2026 was $0.00 Mil. Marine Petroleum Trust's Pre-Tax Income for the three months ended in Mar. 2026 was $0.13 Mil. Therefore, Marine Petroleum Trust's Tax Rate % for the quarter that ended in Mar. 2026 was 0.00%.

Marine Petroleum Trust Tax Rate % Related Terms

Marine Petroleum Trust Tax Rate % Historical Data

* Premium members only.

The historical data trend for Marine Petroleum Trust's Tax Rate % 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.

Marine Petroleum Trust Tax Rate % Chart

Marine Petroleum Trust Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Marine Petroleum Trust Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Tax Rate % 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 0.00 0.00 0.00 0.00 0.00
MARPS
66GF Score
Marine Petroleum Trust MARPS
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Marine Petroleum Trust Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Marine Petroleum Trust's Tax Rate % for the fiscal year that ended in Jun. 2025 is calculated as

Tax Rate %=Tax Expense (A: Jun. 2025 )/Pre-Tax Income (A: Jun. 2025 )
=0/0.728
=0.00 %

Marine Petroleum Trust's Tax Rate % for the quarter that ended in Mar. 2026 is calculated as

Tax Rate %=Tax Expense (Q: Mar. 2026 )/Pre-Tax Income (Q: Mar. 2026 )
=0/0.134
=0.00 %

* 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.

Frequently Asked Questions Learn more about Tax Rate % →
What does a Tax Rate % of 0.00% mean?
Marine Petroleum Trust (MARPS) has a Tax Rate % of 0.00% as of Mar. 2026.
Is Marine Petroleum Trust's Tax Rate % too high?
Marine Petroleum Trust's current Tax Rate % is 0.00%. Overall, Marine Petroleum Trust has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Marine Petroleum Trust's Tax Rate % compare to BANL and TOPS?
Marine Petroleum Trust's Tax Rate % of 0.00% can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Rate % for an Oil & Gas company?
A good Tax Rate % depends on the Oil & Gas industry context. However, Tax Rate % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Tax Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. Marine Petroleum Trust's current Tax Rate % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Marine Petroleum Trust stock overvalued right now?
Based on GuruFocus' analysis, Marine Petroleum Trust (MARPS) is currently considered Significantly Overvalued. The stock's GF Value™ is $3.68, compared to a current price of $5.00 — trading 35.8% above its estimated fair value. The current Tax Rate % is 0.00%. Marine Petroleum Trust's overall GF Score™ is 66/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For Marine Petroleum Trust (MARPS), the current Tax Rate % is 0.00% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Marine Petroleum Trust (MARPS) Overvalued in 2026?

Based on GuruFocus' analysis, Marine Petroleum Trust stock appears to be overvalued. The current stock price of $5.00 is trading 35.8% above its estimated GF Value™ of $3.68. GuruFocus considers Marine Petroleum Trust to be Significantly Overvalued.

Key valuation signals for MARPS:

  • Tax Rate %: 0.00%
  • GF Value™: $3.68 vs. price of $5.00 (35.8% above fair value)
  • GF Score™: 66/100 with 2 warning signs

No single metric tells the full story. See the MARPS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Marine Petroleum Trust Business Description

Industry EnergyOil & Gas
Address c/o Corporate Trustee, Argent Trust Company, 3838 Oak Lawn Avenue, Suite 1720, Dallas, TX, USA, 75219
Marine Petroleum Trust is a U.S based royalty trust. It provides administration and liquidation of rights to payments from oil and natural gas leases in the Gulf of Mexico. The Trust's subsidiary holds title to interests in properties which are situated offshore of Louisiana. The revenues of the trust are derived from the oil and natural gas production activities of third parties.
66GF Score

Get the complete analysis for MARPS

Tax Rate % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$5.00
Price
$3.68
GF Value