The historical rank and industry rank for Goodrich Petroleum's Pretax Margin % or its related term are showing as below:
GDPCW'
s Pretax Margin % Range Over the Past 10 Years
Min: -617.42 Med: -46.69 Max: 11.23
Current: -39.91
GDPCW's Pretax Margin % is not ranked
in the Oil & Gas industry.
Industry Median: 6.035
vs GDPCW: -39.91
Goodrich Petroleum Pretax Margin % Historical Data
The historical data trend for Goodrich Petroleum'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 Goodrich Petroleum's Pretax Margin %
For the Oil & Gas E&P subindustry, Goodrich Petroleum'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.
Goodrich Petroleum's Pretax Margin % Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Goodrich Petroleum's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Goodrich Petroleum's Pretax Margin % falls into.
Goodrich Petroleum 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.
Goodrich Petroleum's Pretax Margin for the fiscal year that ended in Dec. 2020 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.
Goodrich Petroleum Pretax Margin % Related Terms
Thank you for viewing the detailed overview of Goodrich Petroleum's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Goodrich Petroleum (Goodrich Petroleum) Business Description
Goodrich Petroleum Corp is an independent oil and gas producer in the United States. The company operates in the Tuscaloosa Marine Shale region, with minor operations in the Eagle Ford and Haynesville shales. The vast majority of exploitation and development efforts on natural gas are carried out in the core of the Haynesville Shale in North Louisiana.
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