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Myer Holdings (ASX:MYR) Pretax Margin % : 4.91% (As of Jan. 2024)


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What is Myer Holdings Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Myer Holdings's Pre-Tax Income for the six months ended in Jan. 2024 was A$73 Mil. Myer Holdings's Revenue for the six months ended in Jan. 2024 was A$1,486 Mil. Therefore, Myer Holdings's pretax margin for the quarter that ended in Jan. 2024 was 4.91%.

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

ASX:MYR' s Pretax Margin % Range Over the Past 10 Years
Min: -19.36   Med: 2.34   Max: 5.05
Current: 2.58


ASX:MYR's Pretax Margin % is ranked worse than
52.71% of 1108 companies
in the Retail - Cyclical industry
Industry Median: 3.01 vs ASX:MYR: 2.58

Myer Holdings Pretax Margin % Historical Data

The historical data trend for Myer Holdings'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.

Myer Holdings Pretax Margin % Chart

Myer Holdings Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.39 -11.23 2.99 2.91 3.26

Myer Holdings Semi-Annual Data
Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
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 3.60 2.16 6.01 -0.35 4.91

Competitive Comparison of Myer Holdings's Pretax Margin %

For the Department Stores subindustry, Myer Holdings'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.


Myer Holdings's Pretax Margin % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Myer Holdings's Pretax Margin % distribution charts can be found below:

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



Myer Holdings 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.

Myer Holdings's Pretax Margin for the fiscal year that ended in Jul. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Jul. 2023 )/Revenue (A: Jul. 2023 )
=89.3/2735.2
=3.26 %

Myer Holdings's Pretax Margin for the quarter that ended in Jan. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Jan. 2024 )/Revenue (Q: Jan. 2024 )
=73/1486.2
=4.91 %

* 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.


Myer Holdings  (ASX:MYR) 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.


Myer Holdings Pretax Margin % Related Terms

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Myer Holdings (ASX:MYR) Business Description

Traded in Other Exchanges
Address
1000 La Trobe Street, Level 7, Docklands, Melbourne, VIC, AUS, 3008
Myer is Australia's largest department store operator, with some 60 stores that are mostly spread across eastern states. Stores are generally located in areas of high foot traffic in major metropolitan shopping centers. Competitive advantages include a well-established brand and scale benefits from a relatively large revenue base. The brand is somewhat iconic among Australian domestic consumers. The group's loyalty programme has more than 4 million active members.

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