The historical rank and industry rank for Norris Industries's Pretax Margin % or its related term are showing as below:
NRIS'
s Pretax Margin % Range Over the Past 10 Years
Min: -1931.06 Med: -194.85 Max: -96.01
Current: -194.85
NRIS's Pretax Margin % is ranked worse than 90.66% of 974
companies
in the Oil & Gas industry
Industry Median: 5.965
vs NRIS: -194.85
Norris Industries Pretax Margin % Historical Data
The historical data trend for Norris Industries'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 Norris Industries's Pretax Margin %
For the Oil & Gas E&P subindustry, Norris Industries'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.
Norris Industries's Pretax Margin % Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Norris Industries's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Norris Industries's Pretax Margin % falls into.
Norris Industries 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.
Norris Industries's Pretax Margin for the fiscal year that ended in Feb. 2024 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.
Norris Industries Pretax Margin % Related Terms
Thank you for viewing the detailed overview of Norris Industries's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Norris Industries (Norris Industries) Business Description
Norris Industries Inc is an oil and gas exploration company managed by business and oil and gas exploration veterans specializing in the oil and gas acquisition and exploration markets of the Central West Texas region. The company is engaged in the acquisition, development, and exploration of crude oil and natural gas properties. Its projects include Dawson in Permian Basin, Bend Arch Tiger in Central West Texas, Guadalupe in South Texas, Bend Arch Lion 1A, and Bend Arch Lion 1B in Central West Texas, and Marshall Walden in East Texas.
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