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Source Energy Services (TSX:SHLE) Net Margin % : 1.12% (As of Mar. 2024)


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What is Source Energy Services Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Source Energy Services's Net Income for the three months ended in Mar. 2024 was C$1.9 Mil. Source Energy Services's Revenue for the three months ended in Mar. 2024 was C$169.6 Mil. Therefore, Source Energy Services's net margin for the quarter that ended in Mar. 2024 was 1.12%.

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

TSX:SHLE' s Net Margin % Range Over the Past 10 Years
Min: -73.11   Med: -4.66   Max: 29.37
Current: 28.03


TSX:SHLE's Net Margin % is ranked better than
86.4% of 978 companies
in the Oil & Gas industry
Industry Median: 3.85 vs TSX:SHLE: 28.03

Source Energy Services Net Margin % Historical Data

The historical data trend for Source Energy Services's Net 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.

Source Energy Services Net Margin % Chart

Source Energy Services Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -26.59 -73.11 -7.63 -2.11 29.37

Source Energy Services Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net 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 4.81 2.15 2.99 99.07 1.12

Competitive Comparison of Source Energy Services's Net Margin %

For the Oil & Gas Equipment & Services subindustry, Source Energy Services's Net Margin %, along with its competitors' market caps and Net 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.


Source Energy Services's Net Margin % Distribution in the Oil & Gas Industry

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

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



Source Energy Services Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Source Energy Services's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=167.345/569.748
=29.37 %

Source Energy Services's Net Margin for the quarter that ended in Mar. 2024 is calculated as

Net Margin=Net Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=1.893/169.568
=1.12 %

* 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.


Source Energy Services  (TSX:SHLE) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Source Energy Services Net Margin % Related Terms

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Source Energy Services (TSX:SHLE) Business Description

Traded in Other Exchanges
Address
500, 1060 - 7th Street SW, Calgary, AB, CAN, T2R 0C4
Source Energy Services Ltd is a Canada based company engaged in the integrated production and distribution of frac sand as well as the distribution of other bulk oil and gas well completion materials that aren't produced by Source. It provides customers with an end-to-end solution for frac sand supported by its Wisconsin mines and processing facilities, its Western Canadian terminal network and its last mile logistics capabilities. The company also offers storage and logistics services for other bulk oil and gas well completion materials and has developed Sahara, a proprietary wellsite mobile sand storage and handling system. The geographical segments of the group are the US Operations and Canadian Operations.
Executives
Derren James Newell Senior Officer

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