Ultra Petroleum EBIT margin
What is the EBIT margin of Ultra Petroleum?
The EBIT margin of Ultra Petroleum Corp. is 33.84%
What is the definition of EBIT margin?
EBIT margin is a profitability ratio that measures earnings of the company as a percentage of revenue without taking into account the effect of taxes and interest.
ttm (trailing twelve months)
EBIT margin measures the profitability and operational efficiency of a company. It compares the amount of money that remains after the cost of goods and all operating expenses are subtracted from net revenue to sales. EBIT margin is calculated as earnings before interest and taxes divided by net revenue.
EBIT and EBIT margin evaluate how well a business manages its operations. Interest and taxes are not operating expenses and don’t impact operating efficiency. EBIT margin is usually used to compare operational efficiency and profitability of companies within the same industry. Taxes can vary by location thus excluding them from the calculation gives a better basis for comparing different companies.
EBIT and operating income are often used interchangeably, but there is a difference between them, which can cause the numbers to give different results. The key difference is that operating income does not include non-operating income, non-operating expenses, and other income.
EBIT margin of companies in the Energy sector on NYSEMKT compared to Ultra Petroleum
What does Ultra Petroleum do?
Ultra Petroleum Corp., an independent oil and gas company, engages in the acquisition, exploration, development, operation, and production of oil and natural gas properties. Its principal business activities are developing its natural gas reserves in the Green River Basin of southwest Wyomingthe Pinedale and Jonah fields. As of December 31, 2018, the company owned interests in approximately 114,000 gross acres in Wyoming. The company was founded in 1979 and is headquartered in Englewood, Colorado.
Companies with ebit margin similar to Ultra Petroleum
- American States Water Co has EBIT margin of 33.65%
- Airtel Africa Plc Ord Usd0.50 ( has EBIT margin of 33.69%
- Brookfield Renewable has EBIT margin of 33.70%
- American Water Works has EBIT margin of 33.70%
- Whitestone REIT has EBIT margin of 33.71%
- Brown-Forman has EBIT margin of 33.78%
- Ultra Petroleum has EBIT margin of 33.84%
- Topaz has EBIT margin of 33.85%
- The Great Eastern Shipping has EBIT margin of 33.86%
- Avis Budget has EBIT margin of 33.87%
- Camden Property Trust has EBIT margin of 33.87%
- Admiral Plc has EBIT margin of 33.88%
- Genmab A/S has EBIT margin of 33.89%