As of June 20, 2025, NXT Energy Solutions Inc (SFD.TO) reports a Net Margin of -1408.96%.
Net Margin shows the share of revenue that becomes profit after all costs, reflecting overall profitability.
Historical Trend of NXT Energy Solutions Inc's Net Margin
Over recent years, NXT Energy Solutions Inc's Net Margin has shown a stable trend. The table below summarizes the historical values:
| Date | Net Margin |
|---|---|
| 2024-12-31 | -1408.96% |
| 2023-12-31 | -254.05% |
| 2022-12-31 | -99.68% |
| 2021-12-31 | -4307.14% |
| 2020-12-31 | 31.47% |
This slight downward trend highlights how NXT Energy Solutions Inc manages its overall profitability and cost control over time.
Comparing NXT Energy Solutions Inc's Net Margin to Peers
To better understand NXT Energy Solutions Inc's position, it's useful to compare its Net Margin against industry peers. Below are selected comparisons:
| Company | Net Margin |
|---|---|
| NXT Energy Solutions Inc (SFD.TO) | -1408.96% |
| Superior Drilling Products Inc (SDPI) | 35.45% |
| Hanwei Energy Services Corp (HE.TO) | 14.66% |
| Pulse Seismic Inc (PSD.TO) | 14.50% |
| Divergent Energy Services Corp (DVG.V) | 4.49% |
| Aly Energy Services Inc (ALYE) | 1.98% |
Compared to its competitors, NXT Energy Solutions Inc's Net Margin is among the lowest compared to peers, which may indicate challenges in controlling expenses or competitive pricing pressures.