GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » InvoCare Ltd (ASX:IVC) » Definitions » Pretax Margin %

InvoCare (ASX:IVC) Pretax Margin % : 2.49% (As of Jun. 2023)


View and export this data going back to 2003. Start your Free Trial

What is InvoCare Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. InvoCare's Pre-Tax Income for the six months ended in Jun. 2023 was A$6.5 Mil. InvoCare's Revenue for the six months ended in Jun. 2023 was A$260.5 Mil. Therefore, InvoCare's pretax margin for the quarter that ended in Jun. 2023 was 2.49%.

The historical rank and industry rank for InvoCare's Pretax Margin % or its related term are showing as below:

ASX:IVC' s Pretax Margin % Range Over the Past 10 Years
Min: -0.7   Med: 18.72   Max: 30.84
Current: 4.85


ASX:IVC's Pretax Margin % is not ranked
in the Personal Services industry.
Industry Median: 4.085 vs ASX:IVC: 4.85

InvoCare Pretax Margin % Historical Data

The historical data trend for InvoCare's Pretax 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.

InvoCare Pretax Margin % Chart

InvoCare Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.09 19.65 -0.25 20.94 -0.70

InvoCare Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Pretax 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 24.92 17.12 -8.82 6.86 2.49

Competitive Comparison of InvoCare's Pretax Margin %

For the Personal Services subindustry, InvoCare's Pretax Margin %, along with its competitors' market caps and Pretax 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.


InvoCare's Pretax Margin % Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, InvoCare's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where InvoCare's Pretax Margin % falls into.



InvoCare Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

InvoCare's Pretax Margin for the fiscal year that ended in Dec. 2022 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2022 )/Revenue (A: Dec. 2022 )
=-4.13/588.933
=-0.70 %

InvoCare's Pretax Margin for the quarter that ended in Jun. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Jun. 2023 )/Revenue (Q: Jun. 2023 )
=6.477/260.496
=2.49 %

* 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.


InvoCare  (ASX:IVC) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


InvoCare Pretax Margin % Related Terms

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


InvoCare (ASX:IVC) Business Description

Traded in Other Exchanges
N/A
Address
40 Mount Street, Level 5, North Sydney, NSW, AUS, 2060
InvoCare is the largest funeral, cemetery, and crematorium operator in Australia and New Zealand. We estimate InvoCare enjoys over a third of revenue share in Australia, and around a fifth in New Zealand, and is the number one player in both countries. Australia contributes the vast majority of consolidated earnings. InvoCare owns a portfolio of over 60 brands, including three flagship national Australian brands: White Lady, Simplicity Funerals, and Value Cremations, and owns and operates 290 funeral homes, along with 16 cemeteries and crematoria.

InvoCare (ASX:IVC) Headlines

No Headlines