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TerraVest Industries (TSX:TVK) Pretax Margin % : 14.76% (As of Mar. 2024)


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What is TerraVest Industries Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. TerraVest Industries's Pre-Tax Income for the three months ended in Mar. 2024 was C$31.7 Mil. TerraVest Industries's Revenue for the three months ended in Mar. 2024 was C$214.9 Mil. Therefore, TerraVest Industries's pretax margin for the quarter that ended in Mar. 2024 was 14.76%.

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

TSX:TVK' s Pretax Margin % Range Over the Past 10 Years
Min: 5.99   Med: 10.02   Max: 14.98
Current: 12.11


TSX:TVK's Pretax Margin % is ranked better than
63.45% of 974 companies
in the Oil & Gas industry
Industry Median: 6.035 vs TSX:TVK: 12.11

TerraVest Industries Pretax Margin % Historical Data

The historical data trend for TerraVest 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.

* Premium members only.

TerraVest Industries Pretax Margin % Chart

TerraVest Industries Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.11 11.67 14.98 10.17 9.92

TerraVest Industries Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 9.02 7.73 12.70 12.03 14.76

Competitive Comparison of TerraVest Industries's Pretax Margin %

For the Oil & Gas Equipment & Services subindustry, TerraVest 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.


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

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

* The bar in red indicates where TerraVest Industries's Pretax Margin % falls into.



TerraVest 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.

TerraVest Industries's Pretax Margin for the fiscal year that ended in Sep. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Sep. 2023 )/Revenue (A: Sep. 2023 )
=67.268/678.35
=9.92 %

TerraVest Industries's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=31.735/214.943
=14.76 %

* 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.


TerraVest Industries  (TSX:TVK) 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.


TerraVest Industries Pretax Margin % Related Terms

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TerraVest Industries (TSX:TVK) Business Description

Traded in Other Exchanges
Address
60 Street, Suite 6205, Vegreville, AB, CAN, T9C 1P7
TerraVest Industries Inc is a manufacturer of home heating products, propane, anhydrous ammonia, natural gas liquids transport vehicles, storage vessels, energy processing equipment, and fiberglass storage tanks. The company's operating segments include, : Home Heating and Cooling Products (HVAC Equipment), Compressed Gas Storage and Distribution Equipment (Compressed Gas Equipment), Energy Processing Equipment (Processing Equipment) and Service. Majority of the revenue for the company is generated from its Compressed Gas Equipment segment which manufactures engineered products for the storage, distribution and dispensing of compressed gases including liquid propane gas, natural gas liquids, carbon dioxide and other gases. The company operates in Canada and United States.

TerraVest Industries (TSX:TVK) Headlines

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