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Hermes International (Hermes International) Pretax Margin % : 41.89% (As of Dec. 2023)


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What is Hermes International Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Hermes International's Pre-Tax Income for the six months ended in Dec. 2023 was $3,074 Mil. Hermes International's Revenue for the six months ended in Dec. 2023 was $7,338 Mil. Therefore, Hermes International's pretax margin for the quarter that ended in Dec. 2023 was 41.89%.

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

HESAY' s Pretax Margin % Range Over the Past 10 Years
Min: 30.88   Med: 33.52   Max: 43.49
Current: 43.49


HESAY's Pretax Margin % is ranked better than
99.19% of 1110 companies
in the Retail - Cyclical industry
Industry Median: 2.945 vs HESAY: 43.49

Hermes International Pretax Margin % Historical Data

The historical data trend for Hermes International'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.

Hermes International Pretax Margin % Chart

Hermes International 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 32.98 31.08 38.25 39.95 43.49

Hermes International Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 37.08 41.47 38.60 45.10 41.89

Competitive Comparison of Hermes International's Pretax Margin %

For the Luxury Goods subindustry, Hermes International'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.


Hermes International's Pretax Margin % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Hermes International's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Hermes International's Pretax Margin % falls into.



Hermes International 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.

Hermes International'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 )
=6368.593/14642.312
=43.49 %

Hermes International'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 )
=3074.155/7338.059
=41.89 %

* 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.


Hermes International  (OTCPK:HESAY) 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.


Hermes International Pretax Margin % Related Terms

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Hermes International (Hermes International) Business Description

Traded in Other Exchanges
Address
24 rue du Faubourg Saint Honore, Paris, FRA, 75008
Hermes is a 180-year-old family controlled luxury goods company best known for its Birkin and Kelly bags. Its biggest segments are leather goods and saddlery, accounting for around half of revenue; clothes and accessories (25% of sales); silk and textiles (7%); and other products such as perfumes, watches, jewellery, and home furnishings. Hermes has around 300 stores globally, of which it owns and operates 221.

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