Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. PACCAR's Pre-Tax Income for the
three
months ended in Dec. 2023 was $1,641 Mil. PACCAR's Revenue for the
three
months ended in Dec. 2023 was $9,077 Mil. Therefore, PACCAR's pretax margin for the quarter that ended in Dec. 2023 was 18.08%.
The historical rank and industry rank for PACCAR's Pretax Margin % or its related term are showing as below:
PCAR'
s Pretax Margin % Range Over the Past 10 Years
Min: 6.64 Med: 11.57 Max: 16.28
Current: 16.28
PCAR's Pretax Margin % is ranked better than 87.5% of 208
companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 6.7
vs PCAR: 16.28
PACCAR Pretax Margin % Historical Data
The historical data trend for PACCAR'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 PACCAR's Pretax Margin %
For the Farm & Heavy Construction Machinery subindustry, PACCAR'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.
PACCAR's Pretax Margin % Distribution in the Farm & Heavy Construction Machinery Industry
For the Farm & Heavy Construction Machinery industry and Industrials sector, PACCAR's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where PACCAR's Pretax Margin % falls into.
PACCAR 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.
PACCAR's Pretax Margin for the fiscal year that ended in Dec. 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.
PACCAR (NAS:PCAR) 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.
PACCAR Pretax Margin % Related Terms
Thank you for viewing the detailed overview of PACCAR's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Paccar is a leading manufacturer of medium- and heavy-duty trucks under the premium brands Kenworth and Peterbilt, which are primarily sold in the NAFTA region and Australia, and DAF trucks, which are sold in Europe and South America. The company's trucks are sold through over 2,300 independent dealers globally. Paccar Financial Services provides retail and wholesale financing for customers and dealers, respectively. The company commands approximately 30% of the Class 8 market share in North America and 17% of the heavy-duty market share in Europe.
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