The historical rank and industry rank for TXO Partners LP's Pretax Margin % or its related term are showing as below:
TXO'
s Pretax Margin % Range Over the Past 10 Years
Min: -150.08 Med: -15.21 Max: 22.98
Current: -61.27
TXO's Pretax Margin % is ranked worse than 86.61% of 978
companies
in the Oil & Gas industry
Industry Median: 5.875
vs TXO: -61.27
TXO Partners LP Pretax Margin % Historical Data
The historical data trend for TXO Partners LP'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 TXO Partners LP's Pretax Margin %
For the Oil & Gas E&P subindustry, TXO Partners LP'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.
TXO Partners LP's Pretax Margin % Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, TXO Partners LP's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where TXO Partners LP's Pretax Margin % falls into.
TXO Partners LP 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.
TXO Partners LP's Pretax Margin for the fiscal year that ended in Dec. 2023 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.
TXO Partners LP Pretax Margin % Related Terms
Thank you for viewing the detailed overview of TXO Partners LP's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
TXO Partners LP (TXO Partners LP) Business Description
TXO Partners LP is focused on the acquisition, development, optimization and exploitation of oil, natural gas, and natural gas liquid reserves in North America.
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