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ESS Tech (ESS Tech) Pre-Tax Income : $-73.99 Mil (TTM As of Mar. 2024)


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What is ESS Tech Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. ESS Tech's pretax income for the three months ended in Mar. 2024 was $-18.31 Mil. Its pretax income for the trailing twelve months (TTM) ended in Mar. 2024 was $-73.99 Mil. ESS Tech's pretax margin was -668.74%.

During the past 4 years, ESS Tech's highest Pretax Margin was -746.89%. The lowest was -8721.36%. And the median was -4875.13%.


ESS Tech Pre-Tax Income Historical Data

The historical data trend for ESS Tech's Pre-Tax Income 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.

ESS Tech Pre-Tax Income Chart

ESS Tech Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Pre-Tax Income
-30.42 -477.12 -77.97 -77.58

ESS Tech Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Pre-Tax Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -21.90 -22.93 -16.62 -16.13 -18.31

Competitive Comparison of ESS Tech's Pre-Tax Income

For the Electrical Equipment & Parts subindustry, ESS Tech's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income 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.


ESS Tech's Pre-Tax Income Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, ESS Tech's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where ESS Tech's Pre-Tax Income falls into.



ESS Tech Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

ESS Tech's Pretax Income for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=-85.905+3.065+0+5.262+0
=-77.58

ESS Tech's Pretax Income for the quarter that ended in Mar. 2024 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=-19.494+-0.055+0+1.239+0
=-18.31

Pre-Tax Income for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-73.99 Mil.

* 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.


ESS Tech  (NYSE:GWH) Pre-Tax Income Explanation

ESS Tech's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pretax Income/Revenue
=-18.31/2.738
=-668.74%

During the past 4 years, ESS Tech's highest Pretax Margin was -746.89%. The lowest was -8721.36%. And the median was -4875.13%.

* 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.


ESS Tech Pre-Tax Income Related Terms

Thank you for viewing the detailed overview of ESS Tech's Pre-Tax Income provided by GuruFocus.com. Please click on the following links to see related term pages.


ESS Tech (ESS Tech) Business Description

Traded in Other Exchanges
Address
26440 SW Parkway Avenue, Building 83, Wilsonville, OR, USA, 97070
ESS Tech Inc is a long-duration energy storage company specializing in iron flow battery technology. The company design and produce long-duration batteries predominantly using earth-abundant materials.
Executives
Harry Quarls director 14701 ST. MARY'S LANE, SUITE 275, HOUSTON TX 77079
Kyle Teamey director C/O ESS TECH INC, 26440 SW PARKWAY AVE BLDG. 83, WILSONVILLE OR 97070
Honeywell International Inc 10 percent owner 855 S. MINT STREET, CHARLOTTE NC 28202
Sandeep Nijhawan director ESS TECH, INC., 26440 SW PARKWAY AVE., BLDG 83, WILSONVILLE OR 97070
Michael R Niggli director 101 ASH STREET HQ18, SAN DIEGO CA 92101
Rich Hossfeld director C/O ESS TECH INC, 26440 SW PARKWAY AVE BLDG. 83, WILSONVILLE OR 97070
Craig E Evans director, officer: President C/O ESS TECH INC, 26440 SW PARKWAY AVE BLDG. 83, WILSONVILLE OR 97070
Eric P. Dresselhuys director, officer: Chief Executive Officer 555 BROADWAY STREET, REDWOOD CITY CA 94063
Anthony Rabb officer: Chief Financial Officer C/O ESS TECH, INC., 26440 SW PARKWAY AVE., BLDG 83, WILSONVILLE OR 97070
Amir Moftakhar officer: Chief Financial Officer C/O ESS TECH INC, 26440 SW PARKWAY AVE BLDG. 83, WILSONVILLE OR 97070
Claudia Gast director C/O GLOBAL TECHNOLOGY ACQUISITION CORP I, 19 WEST 24TH STREET, 10TH FLOOR, NEW YORK NY 10010
Jeff Bodner officer: Chief Accounting Officer C/O ESS TECH INC, 26440 SW PARKWAY AVE BLDG. 83, WILSONVILLE CA 97070
Breakthrough Energy Investments Llc 10 percent owner 250 SUMMER STREET, 4TH FLOOR, BOSTON MA 02210
Julia Song officer: Chief Technology Officer C/O ESS TECH INC, 26440 SW PARKWAY AVE BLDG. 83, WILSONVILLE OR 97070
Shirley Speakman director C/O ESS TECH INC, 26440 SW PARKWAY AVE BLDG. 83, WILSONVILLE OR 97070