Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. AGCO's Pre-Tax Income for the
three
months ended in Dec. 2023 was $251 Mil. AGCO's Revenue for the
three
months ended in Dec. 2023 was $3,801 Mil. Therefore, AGCO's pretax margin for the quarter that ended in Dec. 2023 was 6.59%.
The historical rank and industry rank for AGCO's Pretax Margin % or its related term are showing as below:
AGCO'
s Pretax Margin % Range Over the Past 10 Years
Min: 2.76 Med: 4.7 Max: 9.25
Current: 9.25
AGCO's Pretax Margin % is ranked better than 66.35% of 208
companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 6.7
vs AGCO: 9.25
AGCO Pretax Margin % Historical Data
The historical data trend for AGCO'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.
For the Farm & Heavy Construction Machinery subindustry, AGCO'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.
AGCO's Pretax Margin % Distribution in the Farm & Heavy Construction Machinery Industry
For the Farm & Heavy Construction Machinery industry and Industrials sector, AGCO's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where AGCO's Pretax Margin % falls into.
AGCO 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.
AGCO'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.
AGCO (NYSE:AGCO) 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.
AGCO Pretax Margin % Related Terms
Thank you for viewing the detailed overview of AGCO's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Agco is a global manufacturer of agricultural equipment. The company has five core brands: Fendt, Massey Ferguson, Challenger, Valtra, and GSI. Unlike its competitors, Agco's product line extends beyond self-propelled equipment and implements to grain handling systems and livestock management solutions. Its products are available through a global dealer network, which includes over 3,200 dealer and distribution locations. Agco offers retail and wholesale financing to customers through its joint venture with Rabobank, a European food- and agriculture-focused bank.
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