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AirBoss of America (AirBoss of America) Pretax Margin % : -36.34% (As of Dec. 2023)


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What is AirBoss of America Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. AirBoss of America's Pre-Tax Income for the three months ended in Dec. 2023 was $-33.7 Mil. AirBoss of America's Revenue for the three months ended in Dec. 2023 was $92.7 Mil. Therefore, AirBoss of America's pretax margin for the quarter that ended in Dec. 2023 was -36.34%.

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

ABSSF' s Pretax Margin % Range Over the Past 10 Years
Min: -9.1   Med: 5.45   Max: 15.72
Current: -9.04


ABSSF's Pretax Margin % is ranked worse than
87.48% of 1534 companies
in the Chemicals industry
Industry Median: 5.625 vs ABSSF: -9.04

AirBoss of America Pretax Margin % Historical Data

The historical data trend for AirBoss of America'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.

AirBoss of America Pretax Margin % Chart

AirBoss of America Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.43 15.72 9.29 -8.47 -9.10

AirBoss of America 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 5.10 1.62 -2.79 -3.71 -36.34

Competitive Comparison of AirBoss of America's Pretax Margin %

For the Specialty Chemicals subindustry, AirBoss of America'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.


AirBoss of America's Pretax Margin % Distribution in the Chemicals Industry

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

* The bar in red indicates where AirBoss of America's Pretax Margin % falls into.



AirBoss of America 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.

AirBoss of America'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 )
=-38.755/426.025
=-9.10 %

AirBoss of America'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 )
=-33.685/92.696
=-36.34 %

* 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.


AirBoss of America  (OTCPK:ABSSF) 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.


AirBoss of America Pretax Margin % Related Terms

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AirBoss of America (AirBoss of America) Business Description

Traded in Other Exchanges
Address
16441 Yonge Street, Newmarket, ON, CAN, L3X 2G8
AirBoss of America Corp is a Canada-based manufacturer of rubber-based products for the resource, military, automotive and industrial markets. It operates in three segments, 1) The Rubber Solutions segment includes the manufacturing and distribution of rubber compounds and distribution of rubber compounding-related chemicals. 2) The Engineered Products segment includes the manufacture and distribution of anti-noise, vibration, and harshness dampening parts. 3) The AirBoss Defense Group is engaged in the manufacturing and distributing of personal protection and safety products and the manufacture of semi-finished rubber-related products. The Company operates manufacturing facilities and sales offices in the United States and Canada, selling in North American markets.

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