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Sonder Holdings (Sonder Holdings) Pretax Margin % : -39.72% (As of Sep. 2023)


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What is Sonder Holdings Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Sonder Holdings's Pre-Tax Income for the three months ended in Sep. 2023 was $-63.9 Mil. Sonder Holdings's Revenue for the three months ended in Sep. 2023 was $160.9 Mil. Therefore, Sonder Holdings's pretax margin for the quarter that ended in Sep. 2023 was -39.72%.

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

SOND' s Pretax Margin % Range Over the Past 10 Years
Min: -216.11   Med: -125.5   Max: -35.83
Current: -44.05


SOND's Pretax Margin % is ranked worse than
89.93% of 824 companies
in the Travel & Leisure industry
Industry Median: 6.29 vs SOND: -44.05

Sonder Holdings Pretax Margin % Historical Data

The historical data trend for Sonder 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.

Sonder Holdings Pretax Margin % Chart

Sonder Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Pretax Margin %
-124.73 -216.11 -126.27 -35.83

Sonder Holdings Quarterly Data
Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 -58.84 -42.58 -71.52 -28.68 -39.72

Competitive Comparison of Sonder Holdings's Pretax Margin %

For the Lodging subindustry, Sonder 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.


Sonder Holdings's Pretax Margin % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Sonder Holdings's Pretax Margin % distribution charts can be found below:

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



Sonder 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.

Sonder Holdings'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 )
=-165.209/461.083
=-35.83 %

Sonder Holdings's Pretax Margin for the quarter that ended in Sep. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Sep. 2023 )/Revenue (Q: Sep. 2023 )
=-63.9/160.896
=-39.72 %

* 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.


Sonder Holdings  (NAS:SOND) 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.


Sonder Holdings Pretax Margin % Related Terms

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Sonder Holdings (Sonder Holdings) Business Description

Traded in Other Exchanges
Address
101 15th Street, San Francisco, CA, USA, 94103
Sonder Holdings Inc is engaged in providing short and long-term accommodations to travelers in various cities across North America, Europe, and the Middle East. The Sonder units in each apartment-style building and each hotel property are selected, designed, and managed directly by the Company. The Company generates revenues by providing short-term or month-to-month accommodations to its guests.
Executives
Christopher Michael Berry officer: Chief Accounting Officer C/O SONDER HOLDINGS INC., 101 15TH ST., SAN FRANCISCO CA 94103
Francis Davidson director, officer: Chief Executive Officer C/O SONDER HOLDINGS, INC., 101 15TH ST, SAN FRANCISCO CA 94103
Philip L Rothenberg officer: General Counsel & Secretary C/O SONDER HOLDINGS, INC., 101 15TH ST, SAN FRANCISCO CA 94103
Dominique Bourgault officer: Chief Financial Officer 6802 AZALEA WAY SE, SNOQUALMIE WA 98065
Prashant Aggarwal director C/O ARLO TECHNOLOGIES, INC., 350 EAST PLUMERIA DR, SAN JOSE CA 95134
Martin Picard officer: Global Head of Real Estate C/O SONDER HOLDINGS, INC., 101 15TH ST, SAN FRANCISCO CA 94103
Michelle M Frymire director C/O SPIRIT REALTY CAPITAL, INC., 2727 N. HARWOOD STREET, SUITE 300, DALLAS TX 75201
Nabeel A Hyatt director C/O SONDER HOLDINGS, INC., 101 15TH ST, SAN FRANCISCO CA 94103
Van Paasschen Frits D director C/O STARWOOD HOTELS & RESORTS WORLDWIDE, 1111 WESTCHESTER AVENUE, WHITE PLAINS NY 10604
Gilda Perez-alvarado director C/O SONDER HOLDINGS, INC., 101 15TH ST., SAN FRANCISCO CA 94103
Janice L. Sears director 1100 PARK PLACE, SUITE 200, SAN MATEO CA 94403
Sanjay D Banker officer: President and CFO C/O SONDER HOLDINGS, INC., 101 15TH ST, SAN FRANCISCO CA 94103
Ritesh K Patel officer: VP, Controller C/O SONDER HOLDINGS INC., 101 15TH ST., SAN FRANCISCO CA 94103
Satyen J Pandya officer: Chief Technology Officer C/O SONDER HOLDINGS, INC., 101 15TH ST., SAN FRANCISCO CA 94103
Manon Brouillette director 40 AVENUE SPRINGGROVE, MONTREAL Z4 H3C 4M8