Petroteq Energy EBIT

Petroteq Energy (PQE.V) currently reports a EBIT of $-12M as of May 2022. That compares with $-7.4M in the prior-year period — down 57.4% year over year. That is below the sector sector average of $2.6T. Use the charts on this page to explore Petroteq Energy's EBIT history and peer comparisons.

Petroteq Energy's EBIT decreased from $-7.4M to $-12M — a 57.4% year-over-year decrease (period ending May 2022). Watching multi-year history on the chart below helps separate one-off swings from a lasting trend.

Petroteq Energy's EBIT of $-12M is lower than the its sector sector average of $2.6T. That is roughly 100.0% below the sector mean. A reading lower peers can reflect different growth expectations, capital structure, or profitability — so it is worth checking the peer comparison chart before drawing conclusions.

Petroteq Energy reported $-12M in EBIT as of May 2022. That compares with $-7.4M in the prior-year period — down 57.4% year over year. Absolute dollar amounts are most useful when compared with prior periods, peers, and related line items such as revenue, assets, or liabilities on Stockcircle.

Start with the current EBIT of $-12M, then check the historical chart for trend and the peer comparison chart for relative positioning. The sector average is $2.6T. From there, open related valuation or income-statement pages for Petroteq Energy, and consider following PQE.V for alerts when major investors trade the stock.