Teco Electric & Machinery Co (LSE:TECD) Pretax Margin % : 12.89% (As of Mar. 2024)

View and export this data going back to 1997. Start your Free Trial

What is Teco Electric & Machinery Co Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Teco Electric & Machinery Co's Pre-Tax Income for the three months ended in Mar. 2024 was $56 Mil. Teco Electric & Machinery Co's Revenue for the three months ended in Mar. 2024 was $433 Mil. Therefore, Teco Electric & Machinery Co's pretax margin for the quarter that ended in Mar. 2024 was 12.89%.

The historical rank and industry rank for Teco Electric & Machinery Co's Pretax Margin % or its related term are showing as below:

LSE:TECD' s Pretax Margin % Range Over the Past 10 Years
Min: 8.55 Med: 9.5 Max: 13.93
Current: 13.5

LSE:TECD's Pretax Margin % is ranked better than
76.8% of 2961 companies
in the Industrial Products industry
Industry Median: 6.53 vs LSE:TECD: 13.50

Teco Electric & Machinery Co Pretax Margin % Historical Data

The historical data trend for Teco Electric & Machinery Co'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.

Teco Electric & Machinery Co Pretax Margin % Chart

Teco Electric & Machinery Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Pretax Margin %

Get a 7-Day Free Trial

9.27

9.60

12.00

9.30

13.93

Teco Electric & Machinery Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Pretax Margin %	Get a 7-Day Free Trial															14.68	18.44	10.68	11.83	12.89

Competitive Comparison of Teco Electric & Machinery Co's Pretax Margin %

For the Specialty Industrial Machinery subindustry, Teco Electric & Machinery Co'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.

Teco Electric & Machinery Co's Pretax Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Teco Electric & Machinery Co's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Teco Electric & Machinery Co's Pretax Margin % falls into.

Teco Electric & Machinery Co 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.

Teco Electric & Machinery Co's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Margin	=	Pre-Tax Income (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	264.76	/	1900.506
	=	13.93 %

Teco Electric & Machinery Co's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin	=	Pre-Tax Income (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	55.846	/	433.214
	=	12.89 %

Teco Electric & Machinery Co (LSE:TECD) 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.

Teco Electric & Machinery Co Pretax Margin % Related Terms

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

Teco Electric & Machinery Co (LSE:TECD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Teco Electric & Machinery Co Ltd (LSE:TECD) » Definitions » Pretax Margin %

Comparable Companies

Traded in Other Exchanges

1504:Taiwan

Address

No. 19-9, San Chong Road, Nan-Kang, 5th Floor, Taipei, TWN, 11501

Website

https://www.teco.com.tw

Teco Electric & Machinery Co Ltd is a Taiwan-based company that manufactures and sells various types of mechanical equipment, air-conditioning units and electronic equipment products. The company's Heavy industrial products, the largest product line by revenue contribution, are used in fluid machinery, elevators, cranes, petrochemical machinery, rolling mills, pumps, and various other machinery. The company's home appliance offerings comprise air conditioners, refrigerators, washing machines, televisions, air purifiers, and others. The company also provides automation products such as converters, servo controllers, and circuit breakers. The company generates the majority of its sales from Taiwan.