The historical rank and industry rank for Friedman Industries's Pretax Margin % or its related term are showing as below:
FRD'
s Pretax Margin % Range Over the Past 10 Years
Min: -5.34 Med: 2.92 Max: 12.07
Current: 4.86
FRD's Pretax Margin % is ranked better than 55.63% of 604
companies
in the Steel industry
Industry Median: 3.885
vs FRD: 4.86
Friedman Industries Pretax Margin % Historical Data
The historical data trend for Friedman Industries'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.
Competitive Comparison of Friedman Industries's Pretax Margin %
For the Steel subindustry, Friedman Industries'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.
Friedman Industries's Pretax Margin % Distribution in the Steel Industry
For the Steel industry and Basic Materials sector, Friedman Industries's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Friedman Industries's Pretax Margin % falls into.
Friedman Industries 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.
Friedman Industries's Pretax Margin for the fiscal year that ended in Mar. 2023 is calculated as
* 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.
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.
Friedman Industries Pretax Margin % Related Terms
Thank you for viewing the detailed overview of Friedman Industries's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Friedman Industries (Friedman Industries) Business Description
Friedman Industries Inc is engaged in the manufacturing and processing of steel products. The company's operating segments include Coil Products and Tubular Products. It generates maximum revenue from the Coil Products segment. The company's products and services include Temper Pass, Cut-To-Length, Whole Coils, Toll Processing, Electric Resistance Welded Pipe (ERW), New Mill Secondary, and Pipe Finishing Services.
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