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Neo Performance Materials (TSX:NEO) Pretax Margin % : 3.37% (As of Jun. 2024)


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What is Neo Performance Materials Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Neo Performance Materials's Pre-Tax Income for the three months ended in Jun. 2024 was C$5.0 Mil. Neo Performance Materials's Revenue for the three months ended in Jun. 2024 was C$147.4 Mil. Therefore, Neo Performance Materials's pretax margin for the quarter that ended in Jun. 2024 was 3.37%.

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

TSX:NEO' s Pretax Margin % Range Over the Past 10 Years
Min: -17.16   Med: 7.75   Max: 11.81
Current: 3.58


TSX:NEO's Pretax Margin % is ranked worse than
59.19% of 1534 companies
in the Chemicals industry
Industry Median: 5.68 vs TSX:NEO: 3.58

Neo Performance Materials Pretax Margin % Historical Data

The historical data trend for Neo Performance Materials'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.

Neo Performance Materials Pretax Margin % Chart

Neo Performance Materials Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial 8.04 -17.16 7.75 6.47 1.08

Neo Performance Materials Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.14 6.16 -1.51 6.20 3.37

Competitive Comparison of Neo Performance Materials's Pretax Margin %

For the Specialty Chemicals subindustry, Neo Performance Materials'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.


Neo Performance Materials's Pretax Margin % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Neo Performance Materials's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Neo Performance Materials's Pretax Margin % falls into.



Neo Performance Materials 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.

Neo Performance Materials'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 )
=8.278/766.785
=1.08 %

Neo Performance Materials'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 )
=4.964/147.396
=3.37 %

* 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.


Neo Performance Materials  (TSX:NEO) 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.


Neo Performance Materials Pretax Margin % Related Terms

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Neo Performance Materials Business Description

Traded in Other Exchanges
Address
121 King Street West, Suite 1740, Toronto, ON, CAN, M5H 3T9
Neo Performance Materials Inc is engaged in the innovation, development, processing, and manufacturing of rare earth and rare metal-based functional materials. Its operating segments include Magnequench, Chemicals & Oxides, Rare Metals, and Corporate. The Magnequench segment produces magnetic powders used in bonded and hot-deformed, fully dense neodymium-iron-boron magnets. The Chemicals & Oxides segment manufactures and distributes a broad range of industrial materials. The Rare Metals segment produces specialty metals and their compounds, such as tantalum, niobium, hafnium, rhenium, gallium, and indium. Its geographical segments are Asia, North America, Europe, and Others.
Executives
Kevin Morris Senior Officer
Rahim Suleman Director, Senior Officer
Jonathan Baksh Senior Officer
Claire Marie Catherine Kennedy Director, Senior Officer
Yadin Rozov Director
Gregory Kroll Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Constantine Efthymios Karayannopoulos Director, Senior Officer