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Sartorius AG (Sartorius AG) Pretax Margin % : 8.92% (As of Mar. 2024)


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What is Sartorius AG Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Sartorius AG's Pre-Tax Income for the three months ended in Mar. 2024 was $79 Mil. Sartorius AG's Revenue for the three months ended in Mar. 2024 was $891 Mil. Therefore, Sartorius AG's pretax margin for the quarter that ended in Mar. 2024 was 8.92%.

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

SARTF' s Pretax Margin % Range Over the Past 10 Years
Min: 8.83   Med: 16.14   Max: 28.31
Current: 8.83


SARTF's Pretax Margin % is ranked better than
66.26% of 815 companies
in the Medical Devices & Instruments industry
Industry Median: 0.05 vs SARTF: 8.83

Sartorius AG Pretax Margin % Historical Data

The historical data trend for Sartorius AG'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.

Sartorius AG Pretax Margin % Chart

Sartorius AG 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 16.58 18.19 19.38 28.31 11.36

Sartorius AG Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 18.41 18.83 2.71 4.80 8.92

Competitive Comparison of Sartorius AG's Pretax Margin %

For the Medical Instruments & Supplies subindustry, Sartorius AG'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.


Sartorius AG's Pretax Margin % Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Sartorius AG's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Sartorius AG's Pretax Margin % falls into.



Sartorius AG 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.

Sartorius AG'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 )
=420.829/3703.053
=11.36 %

Sartorius AG's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=79.457/890.87
=8.92 %

* 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.


Sartorius AG  (OTCPK:SARTF) 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.


Sartorius AG Pretax Margin % Related Terms

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Sartorius AG (Sartorius AG) Business Description

Address
Otto-Brenner-Strasse 20, Gottingen, NI, DEU, 37079
Sartorius AG is a leading provider of bioprocessing solutions. Its Bioprocess division sells equipment and consumables for upstream and downstream manufacturing of biologic drugs, and has a focus on single-use technology, or SUT. Its Lab Products and Services division offers a wide range of products for lab use, including scales, pipettes, and filtration equipment. As of 2022, the Bioprocess and LPS divisions contributed 80% and 20% of revenue, respectively. Bioprocess is housed in its subsidiary Sartorius Stedim Biotech, of which Sartorius AG has a 74% ownership and 85% voting control. The business is geographically diverse, with revenue across Europe, the Middle East, and Africa (37% of 2022 sales), the Americas (37%), and Asia-Pacific (26%). We estimate China revenue to be around 10%.

Sartorius AG (Sartorius AG) Headlines

From GuruFocus

Resolutions of the Supervisory Board of Sartorius AG

By PRNewswire PRNewswire 02-11-2021

Sartorius significantly expands activities in South Korea

By PRNewswire PRNewswire 11-25-2021

Sartorius presents annual report for 2021

By PRNewswire PRNewswire 02-17-2022

Strong profitable growth at Sartorius

By PRNewswire PRNewswire 10-20-2020

Sartorius acquires cell culture specialist Xell AG

By PRNewswire PRNewswire 07-29-2021

Sartorius with continued growth in a challenging environment

By PRNewswire PRNewswire 10-19-2022