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Vitreous Glass (Vitreous Glass) Pretax Margin % : 31.67% (As of Dec. 2023)


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What is Vitreous Glass Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Vitreous Glass's Pre-Tax Income for the three months ended in Dec. 2023 was $0.55 Mil. Vitreous Glass's Revenue for the three months ended in Dec. 2023 was $1.75 Mil. Therefore, Vitreous Glass's pretax margin for the quarter that ended in Dec. 2023 was 31.67%.

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

VCIGF' s Pretax Margin % Range Over the Past 10 Years
Min: 28.28   Med: 32.64   Max: 36.01
Current: 32.05


VCIGF's Pretax Margin % is ranked better than
94.4% of 232 companies
in the Waste Management industry
Industry Median: 5.735 vs VCIGF: 32.05

Vitreous Glass Pretax Margin % Historical Data

The historical data trend for Vitreous Glass'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.

Vitreous Glass Pretax Margin % Chart

Vitreous Glass Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.27 32.93 36.01 29.61 32.36

Vitreous Glass Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 32.84 35.57 32.90 27.78 31.67

Competitive Comparison of Vitreous Glass's Pretax Margin %

For the Waste Management subindustry, Vitreous Glass'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.


Vitreous Glass's Pretax Margin % Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Vitreous Glass's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Vitreous Glass's Pretax Margin % falls into.



Vitreous Glass 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.

Vitreous Glass's Pretax Margin for the fiscal year that ended in Sep. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Sep. 2023 )/Revenue (A: Sep. 2023 )
=2.437/7.532
=32.36 %

Vitreous Glass's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=0.553/1.746
=31.67 %

* 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.


Vitreous Glass  (OTCPK:VCIGF) 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.


Vitreous Glass Pretax Margin % Related Terms

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Vitreous Glass (Vitreous Glass) Business Description

Traded in Other Exchanges
Address
212 East Lake Boulevard, Airdrie, AB, CAN, T4A 0H5
Vitreous Glass Inc cleans, crushes, and sells waste glass to the fiberglass manufacturing industry. The company also removes the contaminates and crushes the glass to sand and then this sand is sold to fiberglass insulation manufacturers as furnace ready cullet for use in their production facilities. Its sole source of revenue is generated by providing crushed glass to its customers.

Vitreous Glass (Vitreous Glass) Headlines

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