ClearStream Services Profit margin
What is the Profit margin of ClearStream Services?
The Profit margin of ClearStream Energy Services Inc. is -1.97%
What is the definition of Profit margin?
Profit margin is a measure of profitability and is calculated by finding the net profit as a percentage of the revenue.
lfy (last fiscal year)
Profit margin is calculated with the selling price (or revenue) taken as base times 100. It is the percentage of selling price that is turned into profit. Profit percentages are calculated to find the ratio of profit to cost of an investment. Profit margin is an indicator of a company's pricing strategies and how well it controls costs. Differences in competitive strategy and product mix cause the profit margin to vary among different companies. The profit margin is used mostly for internal comparisons. It is difficult to accurately compare the net profit ratio for different entities. Individual businesses' operating and financing arrangements vary so much that different entities are bound to have different levels of expenditure, so that comparison of one with another can have little meaning. A low profit margin indicates a low margin of safety: higher risk that a decline in sales will erase profits and result in a net loss, or a negative margin.
Profit margin of companies in the Energy sector on TSX compared to ClearStream Services
What does ClearStream Services do?
ClearStream Energy Services Inc. provides upstream, midstream, and downstream production services in Canada and the United States. The company operates through Maintenance and Construction Services, and Wear Technology Overlay Services segments. The Maintenance and Construction Services segment provides operational, maintenance, welding, fabrication, machining, construction, and turnaround services to the conventional oil and gas, oilsands, and other industries, as well as abandonment, decommissioning, and reclamation services. This segment also offers resource/labour supply services to Canadian energy companies, as well as heavy equipment operators. The Wear Technology Overlay Services segment specializes in the supply and fabrication of overlay pipe spools, pipe bends, and wear plates and vessels for corrosion and abrasion resistant applications in various end markets. The company also provides regulatory and environmental advisory services; and electrical and instrumentation services. It serves oil and gas, energy, mining, agriculture, pulp and paper, petrochemical, and water treatment industries. The company was formerly known as Tuckamore Capital Management Inc. and changed its name to ClearStream Energy Services Inc. in October 2016. ClearStream Energy Services Inc. was founded in 1967 and is headquartered in Calgary, Canada.
Companies with profit margin similar to ClearStream Services
- Universal Security Instruments has Profit margin of -1.99%
- CNC has Profit margin of -1.99%
- TE Connectivity has Profit margin of -1.98%
- Lifeworks Inc has Profit margin of -1.98%
- Century Aluminum Co has Profit margin of -1.97%
- China Hanking has Profit margin of -1.97%
- ClearStream Services has Profit margin of -1.97%
- Stanley Black & Decker Inc has Profit margin of -1.97%
- SilverSun Technologies Inc has Profit margin of -1.96%
- Nuance Communications has Profit margin of -1.96%
- Wai Yuen Tong Medicine has Profit margin of -1.96%
- Cincinnati Bell has Profit margin of -1.96%
- Noodles has Profit margin of -1.96%