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Sabine Royalty Trust (Sabine Royalty Trust) Pretax Margin % : 98.44% (As of Dec. 2023)


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What is Sabine Royalty Trust Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Sabine Royalty Trust's Pre-Tax Income for the three months ended in Dec. 2023 was $33.55 Mil. Sabine Royalty Trust's Revenue for the three months ended in Dec. 2023 was $34.08 Mil. Therefore, Sabine Royalty Trust's pretax margin for the quarter that ended in Dec. 2023 was 98.44%.

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

SBR' s Pretax Margin % Range Over the Past 10 Years
Min: 91.52   Med: 95   Max: 97.57
Current: 97.03


SBR's Pretax Margin % is ranked better than
97.85% of 978 companies
in the Oil & Gas industry
Industry Median: 6.42 vs SBR: 97.03

Sabine Royalty Trust Pretax Margin % Historical Data

The historical data trend for Sabine Royalty Trust'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.

Sabine Royalty Trust Pretax Margin % Chart

Sabine Royalty Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 94.24 91.67 95.00 97.57 97.03

Sabine Royalty Trust Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 98.35 96.84 95.78 95.56 98.44

Competitive Comparison of Sabine Royalty Trust's Pretax Margin %

For the Oil & Gas E&P subindustry, Sabine Royalty Trust'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.


Sabine Royalty Trust's Pretax Margin % Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Sabine Royalty Trust's Pretax Margin % falls into.



Sabine Royalty Trust 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.

Sabine Royalty Trust's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=90.251/93.012
=97.03 %

Sabine Royalty Trust's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=33.548/34.078
=98.44 %

* 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.


Sabine Royalty Trust  (NYSE:SBR) 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.


Sabine Royalty Trust Pretax Margin % Related Terms

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Sabine Royalty Trust (Sabine Royalty Trust) Business Description

Traded in Other Exchanges
N/A
Address
2911 Turtle Creek Boulevard, Simmons Bank, Suite 850, Dallas, TX, USA, 75219
Sabine Royalty Trust is an express trust which is formed to receive Sabine Corporation's royalty and mineral interests, including landowner's royalties, overriding royalty interests, minerals production payments and any other similar, non-participatory interest, in certain Royalty Properties. The trusts producing and proved undeveloped oil and gas royalty properties are located in Florida, Louisiana, Mississippi, New Mexico, Oklahoma and Texas.