Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Gossamer Bio's Pre-Tax Income for the
three
months ended in Mar. 2024 was $-41.93 Mil. Gossamer Bio's Revenue for the
three
months ended in Mar. 2024 was $0.00 Mil. Therefore, Gossamer Bio's pretax margin for the quarter that ended in Mar. 2024 was %.
The historical rank and industry rank for Gossamer Bio's Pretax Margin % or its related term are showing as below:
GOSS's Pretax Margin % is not ranked *
in the Biotechnology industry.
Industry Median: -155.98 * Ranked among companies with meaningful Pretax Margin % only.
Gossamer Bio Pretax Margin % Historical Data
The historical data trend for Gossamer Bio'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.
Competitive Comparison of Gossamer Bio's Pretax Margin %
For the Biotechnology subindustry, Gossamer Bio'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.
Gossamer Bio's Pretax Margin % Distribution in the Biotechnology Industry
For the Biotechnology industry and Healthcare sector, Gossamer Bio's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Gossamer Bio's Pretax Margin % falls into.
Gossamer Bio 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.
Gossamer Bio's Pretax Margin for the fiscal year that ended in Dec. 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.
Gossamer Bio (NAS:GOSS) 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.
Gossamer Bio Pretax Margin % Related Terms
Thank you for viewing the detailed overview of Gossamer Bio's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Gossamer Bio Inc is a clinical-stage biopharmaceutical company. It focuses on discovering, acquiring, developing, and commercializing therapeutics in the disease areas of immunology, inflammation, and oncology. The company pipeline products include Seralutinib, which address the cellular overgrowth, fibrosis, and vascular remodeling which underlie PAH (pulmonary arterial hypertension); GB004, for the treatment of inflammatory bowel disease, including ulcerative colitis and Crohn's disease; GB1275, for the treatment of oncology indications; and GB001, for the treatment of moderate-to-severe eosinophilic asthma.
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