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Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Helix Energy Solutions Group's Pre-Tax Income for the three months ended in Mar. 2024 was $-28 Mil. Helix Energy Solutions Group's Revenue for the three months ended in Mar. 2024 was $296 Mil. Therefore, Helix Energy Solutions Group's pretax margin for the quarter that ended in Mar. 2024 was -9.45%.
The historical rank and industry rank for Helix Energy Solutions Group's Pretax Margin % or its related term are showing as below:
The historical data trend for Helix Energy Solutions Group'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.
Helix Energy Solutions Group Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Pretax Margin % | Get a 7-Day Free Trial | 8.72 | 0.19 | -10.47 | -8.61 | 0.58 |
Helix Energy Solutions Group 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 | -2.87 | 3.37 | 6.04 | -5.85 | -9.45 |
For the Oil & Gas Equipment & Services subindustry, Helix Energy Solutions Group'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.
For the Oil & Gas industry and Energy sector, Helix Energy Solutions Group's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Helix Energy Solutions Group's Pretax Margin % falls into.
Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.
Helix Energy Solutions Group'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 ) |
= | 7.514 | / | 1289.728 | |
= | 0.58 % |
Helix Energy Solutions Group'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 ) |
= | -27.985 | / | 296.211 | |
= | -9.45 % |
* 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.
Helix Energy Solutions Group (NYSE:HLX) 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.
Thank you for viewing the detailed overview of Helix Energy Solutions Group's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Diana Glassman | director | 3505 W SAM HOUSTON PKWY N, SUITE 400, HOUSTON TX 77043 |
Scott Andrew Sparks | officer: EVP - Operations | 3505 WEST SAM HOUSTON PARKWAY NORTH, HOUSTON TX 77043 |
John Lovoi | director | 3505 W SAM HOUSTON PKWY NORTH, SUITE 400, HOUSTON TX 77043 |
Paula Harris | director | 3055 TORRINGTON DRIVE, BALL GROUND GA 30107 |
Brent Alexander Arriaga | officer: CAO and Corporate Controller | 12330 BROKEN BOUGH DR, HOUSTON TX 77024 |
Thomas Mitchell Little | director | C/O MARATHON OIL CORPORATION, 5555 SAN FELIPE ST, HOUSTON TX 77056 |
Owen E Kratz | director, officer: CHAIRMAN & CEO | 3505 W SAM HOUSTON PKWY NORTH, SUITE 400, HOUSTON TX 77043 |
Erik Staffeldt | officer: VP - Finance and Accounting | 3505 WEST SAM HOUSTON PARKWAY NORTH, HOUSTON TX 77043 |
Nancy K Quinn | director | P O BOX 650205, DALLAS TX 75265 |
Amy H Nelson | director | 2000 POST OAK BLVD., SUITE 100, HOUSTON TX 77056 |
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William L Transier | director | 3505 W SAM HOUSTON PKWY NORTH, SUITE 400, HOUSTON TX 77043 |
Alisa B Johnson | officer: SVP, GEN COUNSEL & CORP SEC | 3505 SAM HOUSTON PKWY NORTH, SUITE 400, HOUSTON TX 77043 |
Amerino Gatti | director | 13131 DAIRY ASHFORD, SUITE 600, SUGAR LAND TX 77478 |
Geoffrey C. Wagner | officer: EVP and CCO | 15835 PARK TEN PLACE DRIVE, HOUSTON TX 77084 |
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