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Maytronics (XTAE:MTRN) Net Margin % : 6.94% (As of Jun. 2024)


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What is Maytronics Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Maytronics's Net Income for the three months ended in Jun. 2024 was ₪42 Mil. Maytronics's Revenue for the three months ended in Jun. 2024 was ₪607 Mil. Therefore, Maytronics's net margin for the quarter that ended in Jun. 2024 was 6.94%.

The historical rank and industry rank for Maytronics's Net Margin % or its related term are showing as below:

XTAE:MTRN' s Net Margin % Range Over the Past 10 Years
Min: 3.3   Med: 12.91   Max: 15.89
Current: 3.3


XTAE:MTRN's Net Margin % is ranked better than
52.99% of 2461 companies
in the Hardware industry
Industry Median: 2.79 vs XTAE:MTRN: 3.30

Maytronics Net Margin % Historical Data

The historical data trend for Maytronics's Net 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.

Maytronics Net Margin % Chart

Maytronics Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.14 14.33 15.89 12.22 7.85

Maytronics Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Net 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 11.97 -0.21 -7.87 8.46 6.94

Competitive Comparison of Maytronics's Net Margin %

For the Consumer Electronics subindustry, Maytronics's Net Margin %, along with its competitors' market caps and Net 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.


Maytronics's Net Margin % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Maytronics's Net Margin % distribution charts can be found below:

* The bar in red indicates where Maytronics's Net Margin % falls into.



Maytronics Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Maytronics's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=148.249/1889.565
=7.85 %

Maytronics's Net Margin for the quarter that ended in Jun. 2024 is calculated as

Net Margin=Net Income (Q: Jun. 2024 )/Revenue (Q: Jun. 2024 )
=42.108/607.17
=6.94 %

* 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.


Maytronics  (XTAE:MTRN) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Maytronics Net Margin % Related Terms

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Maytronics Business Description

Traded in Other Exchanges
N/A
Address
Kibbutz Yizreel, Jezreel, ISR, 19350
Maytronics Ltd is an Israel-based company which provides a complete solution for swimming pool care. It delivers automatic pool cleaners, environment-friendly water treatment systems, and pool safety products to residential and commercial swimming pool owners and operators across the world. The company's product brands are Dolphin line of robotic pool cleaners, the AQUAlife pool covers and Aqualarm and Espio pool alarms. Its operating segment includes Manufacturing of private pool cleaning robots as a key revenue driver; Manufacturing of public pool cleaning robots and Safety products and related pool products.

Maytronics Headlines

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