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Taylor Devices (Taylor Devices) Net Margin % : 22.01% (As of Feb. 2024)


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What is Taylor Devices Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Taylor Devices's Net Income for the three months ended in Feb. 2024 was $2.70 Mil. Taylor Devices's Revenue for the three months ended in Feb. 2024 was $12.25 Mil. Therefore, Taylor Devices's net margin for the quarter that ended in Feb. 2024 was 22.01%.

The historical rank and industry rank for Taylor Devices's Net Margin % or its related term are showing as below:

TAYD' s Net Margin % Range Over the Past 10 Years
Min: 1.82   Med: 7.41   Max: 19.87
Current: 19.87


TAYD's Net Margin % is ranked better than
93% of 2973 companies
in the Industrial Products industry
Industry Median: 5.17 vs TAYD: 19.87

Taylor Devices Net Margin % Historical Data

The historical data trend for Taylor Devices'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.

* Premium members only.

Taylor Devices Net Margin % Chart

Taylor Devices Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.57 10.68 4.72 7.25 15.64

Taylor Devices Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 16.77 19.28 18.62 19.16 22.01

Competitive Comparison of Taylor Devices's Net Margin %

For the Specialty Industrial Machinery subindustry, Taylor Devices'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.


Taylor Devices's Net Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Taylor Devices's Net Margin % distribution charts can be found below:

* The bar in red indicates where Taylor Devices's Net Margin % falls into.



Taylor Devices 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.

Taylor Devices's Net Margin for the fiscal year that ended in May. 2023 is calculated as

Net Margin=Net Income (A: May. 2023 )/Revenue (A: May. 2023 )
=6.287/40.199
=15.64 %

Taylor Devices's Net Margin for the quarter that ended in Feb. 2024 is calculated as

Net Margin=Net Income (Q: Feb. 2024 )/Revenue (Q: Feb. 2024 )
=2.697/12.254
=22.01 %

* 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.


Taylor Devices  (NAS:TAYD) 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.


Taylor Devices Net Margin % Related Terms

Thank you for viewing the detailed overview of Taylor Devices's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Taylor Devices (Taylor Devices) Business Description

Traded in Other Exchanges
N/A
Address
90 Taylor Drive, P.O. Box 748, North Tonawanda, North Tonawanda, NY, USA, 14120
Taylor Devices Inc is involved in the design, development, manufacture, and marketing of shock absorption, rate control, and energy storage devices for use in various types of machinery, equipment, and structures. The company's product line includes Seismic dampers, Fluidicshoks, Crane and industrial buffers, Self-adjusting shock absorbers, Liquid die springs and Vibration Dampers. In general, its products are used to absorb, control, or mitigate the motion of masses caused by earthquakes or explosions. The company markets its product to various industries such as industrial, steel mills, buildings, bridges, aerospace, defense, and automotive industries.
Executives
Ira Sochet 10 percent owner 24 NORTH PINE CIRCLE, BELLEAIR FL 33756
Timothy John Sopko director, officer: CHIEF EXECUTIVE OFFICER 90 TAYLOR DRIVE, NORTH TONAWANDA NY 14120
Paul Murray Heary officer: Chief Financial Officer TAYLOR DEVICES, INC., 90 TAYLOR DRIVE, NORTH TONAWANDA NY 14120
Robert Michael Carey director 90 TAYLOR DRIVE, NORTH TONAWANDA NY 14120
Alan Raymond Klembczyk director, officer: PRESIDENT 90 TAYLOR DRIVE, NORTH TONAWANDA NY 14120
Fritz Eric Armenat director 90 TAYLOR DRIVE, NORTH TONAWANDA NY 14120
Randall L Clark director 475 CAYUGA ROAD, CHEEKTOWAGA NY 14225
Mark V Mcdonough officer: Chief Financial Officer 90 TAYLOR DRIVE, NORTH TONAWANDA NY 14120
Douglas P Taylor director, officer: President 90 TAYLOR DRIVE, NORTH TONAWANDA NY 14120-0748
John Burgess director 90 TAYLOR DRIVE, NORTH TONAWANDA NY 14120
Donald B Hofmar director TAYLOR DEVICES INC, 90 TAYLOR DRIVE, NORTH TONAWANDA NY 14120-0748
Richard G Hill director, officer: Vice President 90 TAYLOR DRIVE, PO BOX 748, NORTH TONAWANDA NY 14120-0748
Newman Reginald B Ii director PRIOR AVIATION SERVICE INC., 50 NORTH AIRPORT DRIVE, BUFFALO NY 14225
Joseph P Gastel director, officer: Secretary
Baird Foundation Cameron 10 percent owner C/O KAYINOKY & COOK, 120 DELAWARE AVE, BUFFALO NY 14202

Taylor Devices (Taylor Devices) Headlines

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