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Tidewater Midstream and Infrastructure (TSX:TWM) Pretax Margin % : -73.92% (As of Dec. 2023)


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What is Tidewater Midstream and Infrastructure Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Tidewater Midstream and Infrastructure's Pre-Tax Income for the three months ended in Dec. 2023 was C$-372 Mil. Tidewater Midstream and Infrastructure's Revenue for the three months ended in Dec. 2023 was C$503 Mil. Therefore, Tidewater Midstream and Infrastructure's pretax margin for the quarter that ended in Dec. 2023 was -73.92%.

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

TSX:TWM' s Pretax Margin % Range Over the Past 10 Years
Min: -20.39   Med: 3.24   Max: 17.12
Current: -20.39


TSX:TWM's Pretax Margin % is ranked worse than
80.67% of 978 companies
in the Oil & Gas industry
Industry Median: 6.035 vs TSX:TWM: -20.39

Tidewater Midstream and Infrastructure Pretax Margin % Historical Data

The historical data trend for Tidewater Midstream and Infrastructure'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.

Tidewater Midstream and Infrastructure Pretax Margin % Chart

Tidewater Midstream and Infrastructure Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only -2.44 -4.63 5.55 0.92 -20.39

Tidewater Midstream and Infrastructure 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 -4.75 -6.51 -1.12 -5.62 -73.92

Competitive Comparison of Tidewater Midstream and Infrastructure's Pretax Margin %

For the Oil & Gas Midstream subindustry, Tidewater Midstream and Infrastructure'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.


Tidewater Midstream and Infrastructure's Pretax Margin % Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Tidewater Midstream and Infrastructure's Pretax Margin % falls into.



Tidewater Midstream and Infrastructure 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.

Tidewater Midstream and Infrastructure'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 )
=-450.2/2208.3
=-20.39 %

Tidewater Midstream and Infrastructure'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 )
=-371.8/503
=-73.92 %

* 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.


Tidewater Midstream and Infrastructure  (TSX:TWM) 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.


Tidewater Midstream and Infrastructure Pretax Margin % Related Terms

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Tidewater Midstream and Infrastructure (TSX:TWM) Business Description

Traded in Other Exchanges
Address
222 - 3rd Avenue SW, Suite 900, Calgary, AB, CAN, T2P 0B4
Tidewater Midstream and Infrastructure Ltd is a Canadian company that is engaged in providing midstream infrastructure and a natural gas storage facility. It mainly focuses on the purchase, sale, and transportation of Natural Gas Liquids (NGLs) such as propane and natural gasoline throughout North America and export to premium markets. The business activities of the company include gathering, processing, and transportation relates to raw gas gathering systems, processing plants and pipelines, NGL marketing and Extraction, refined products, and other activities. Its business segments consist of Midstream; Downstream; Marketing and others. The company generates maximum revenue from the Marketing and other.
Executives
Robert Colcleugh Director, Senior Officer

Tidewater Midstream and Infrastructure (TSX:TWM) Headlines