Net margin is calculated as Net Income divided by its Revenue. Toray Industries's Net Income for the
three
months ended in Dec. 2023 was $117 Mil. Toray Industries's Revenue for the
three
months ended in Dec. 2023 was $4,376 Mil. Therefore, Toray Industries's net margin for the quarter that ended in Dec. 2023 was 2.67%.
The historical rank and industry rank for Toray Industries's Net Margin % or its related term are showing as below:
TRYIY'
s Net Margin % Range Over the Past 10 Years
Min: 1.82 Med: 3.66 Max: 4.91
Current: 1.82
The historical data trend for Toray Industries's Net 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.
Competitive Comparison of Toray Industries's Net Margin %
For the Textile Manufacturing subindustry, Toray Industries's Net Margin %, along with its competitors' market caps and Net 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.
Toray Industries's Net Margin % Distribution in the Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Toray Industries's Net Margin % distribution charts can be found below:
* The bar in red indicates where Toray Industries's Net Margin % falls into.
Toray Industries Net Margin % Calculation
Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.
Toray Industries's Net Margin for the fiscal year that ended in Mar. 2023 is calculated as
* 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.
Toray Industries (OTCPK:TRYIY) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
Toray Industries Net Margin % Related Terms
Thank you for viewing the detailed overview of Toray Industries's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Toray Industries (Toray Industries) Business Description
Toray Industries Inc is a Japan-based company that is primarily engaged in the integrated chemical industry to produce apparel and industrial materials. The company's businesses consist of Fibers & Textiles, Plastics & Chemicals, IT-related Products, Carbon Fiber Composite Materials, Environment & Engineering, and Life Science. The Fibers & Textiles business and Plastics & Chemicals business are the company's core growth drivers, and they jointly contribute around two thirds of the company's revenue. The company has business presence in Japan, China, other Asian areas, Europe, North America, and other areas, with the whole Asia market accounting for majority of the company's total revenue.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
TRYIY has been successfully added to your 