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NMHI (Nature's Miracle Holding) Pretax Margin % : -51.92% (As of Jun. 2024)


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What is Nature's Miracle Holding Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Nature's Miracle Holding's Pre-Tax Income for the three months ended in Jun. 2024 was $-1.77 Mil. Nature's Miracle Holding's Revenue for the three months ended in Jun. 2024 was $3.41 Mil. Therefore, Nature's Miracle Holding's pretax margin for the quarter that ended in Jun. 2024 was -51.92%.

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

NMHI' s Pretax Margin % Range Over the Past 10 Years
Min: -103.69   Med: -3.75   Max: 10.98
Current: -103.69


NMHI's Pretax Margin % is ranked worse than
96.2% of 2972 companies
in the Industrial Products industry
Industry Median: 6.57 vs NMHI: -103.69

Nature's Miracle Holding Pretax Margin % Historical Data

The historical data trend for Nature's Miracle Holding'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.

Nature's Miracle Holding Pretax Margin % Chart

Nature's Miracle Holding Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Pretax Margin %
6.09 10.98 -13.59 -79.70

Nature's Miracle Holding Quarterly Data
Dec20 Jun21 Sep21 Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -28.09 -20.77 -402.10 -104.54 -51.92

Competitive Comparison of Nature's Miracle Holding's Pretax Margin %

For the Specialty Industrial Machinery subindustry, Nature's Miracle Holding'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.


Nature's Miracle Holding's Pretax Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Nature's Miracle Holding's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Nature's Miracle Holding's Pretax Margin % falls into.



Nature's Miracle Holding 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.

Nature's Miracle Holding'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 )
=-7.12/8.933
=-79.70 %

Nature's Miracle Holding's Pretax Margin for the quarter that ended in Jun. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Jun. 2024 )/Revenue (Q: Jun. 2024 )
=-1.768/3.405
=-51.92 %

* 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.


Nature's Miracle Holding  (NAS:NMHI) 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.


Nature's Miracle Holding Pretax Margin % Related Terms

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Nature's Miracle Holding Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
858 North Central Avenue, Upland, CA, USA, 91786
Nature's Miracle Holding Inc is a growing agriculture technology company providing Controlled Environment Agriculture (CEA) hardware products to growers in the CEA industry setting in North America. It provides hardware to design, build, and operate various indoor growing settings, including greenhouse and indoor growing spaces. Its products include Horticultural Lighting, Irrigation System, Power Distribution Systems, Climate Control Systems, Disinfection Systems, and Materials And Equipment.