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GuruFocus has detected 2 Warning Signs with Steelcase Inc $SCS.
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Steelcase Inc (NYSE:SCS)
Pre-Tax Income
$196 Mil (TTM As of Feb. 2017)

Pretax income is the income that a company earns before paying income taxes. Steelcase Inc's pretax income for the three months ended in Feb. 2017 was $50 Mil. Its pretax income for the trailing twelve months (TTM) ended in Feb. 2017 was $196 Mil. Steelcase Inc's pretax margin was 6.53%.

During the past 13 years, Steelcase Inc's highest Pretax Margin was 6.47%. The lowest was -1.36%. And the median was 3.73%.


Definition

This is the income that a company earns before paying income taxes.

Steelcase Inc's Pretax Income for the fiscal year that ended in Feb. 2017 is calculated as

Pretax Income=Operating Income+Non-Recurring Items+Interest Expense+Interest Income+Other
=200.2+13.3+-17.2+0+0
=196

Steelcase Inc's Pretax Income for the quarter that ended in Feb. 2017 is calculated as

Pretax Income=Operating Income+Non-Recurring Items+Interest Expense+Interest Income+Other
=50.4+4.1+-4.3+0+0
=50

Steelcase Inc Pre-Tax Income for the trailing twelve months (TTM) ended in Feb. 2017 was 31.7 (May. 2016 ) + 59.6 (Aug. 2016 ) + 54.8 (Nov. 2016 ) + 50.2 (Feb. 2017 ) = $196 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Explanation

Steelcase Inc's Pretax Margin for the quarter that ended in Feb. 2017 is calculated as

Pretax Margin=Pretax Income/Revenue
=50.2/769.1
=6.53%

During the past 13 years, Steelcase Inc's highest Pretax Margin was 6.47%. The lowest was -1.36%. And the median was 3.73%.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Related Terms

Operating Income, Interest Expense, Interest Income, Non-Recurring Items, Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Steelcase Inc Annual Data

Feb08Feb09Feb10Feb11Feb12Feb13Feb14Feb15Feb16Feb17
Pretax Income 211-9-31518255147137175196

Steelcase Inc Quarterly Data

Nov14Feb15May15Aug15Nov15Feb16May16Aug16Nov16Feb17
Pretax Income 17323259553032605550
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