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Accent Group (ASX:AX1) Pretax Margin % : 8.09% (As of Dec. 2023)


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What is Accent Group Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Accent Group's Pre-Tax Income for the six months ended in Dec. 2023 was A$60 Mil. Accent Group's Revenue for the six months ended in Dec. 2023 was A$739 Mil. Therefore, Accent Group's pretax margin for the quarter that ended in Dec. 2023 was 8.09%.

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

ASX:AX1' s Pretax Margin % Range Over the Past 10 Years
Min: 4.13   Med: 9.7   Max: 28.2
Current: 6.95


ASX:AX1's Pretax Margin % is ranked better than
70.4% of 1108 companies
in the Retail - Cyclical industry
Industry Median: 2.965 vs ASX:AX1: 6.95

Accent Group Pretax Margin % Historical Data

The historical data trend for Accent Group'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.

Accent Group Pretax Margin % Chart

Accent Group Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.69 9.71 11.21 4.13 8.43

Accent Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 4.16 4.11 10.86 5.68 8.09

Competitive Comparison of Accent Group's Pretax Margin %

For the Apparel Retail subindustry, Accent Group'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.


Accent Group's Pretax Margin % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Accent Group's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Accent Group's Pretax Margin % falls into.



Accent Group 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.

Accent Group's Pretax Margin for the fiscal year that ended in Jun. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Jun. 2023 )/Revenue (A: Jun. 2023 )
=119.616/1418.684
=8.43 %

Accent Group's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=59.758/739.102
=8.09 %

* 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.


Accent Group  (ASX:AX1) 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.


Accent Group Pretax Margin % Related Terms

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Accent Group (ASX:AX1) Business Description

Traded in Other Exchanges
N/A
Address
2/64 Balmain Street, Richmond, Melbourne, VIC, AUS, 3121
Accent Group is a retailer and wholesaler of footwear and apparel. It is the exclusive distributor of range of global brands, including Skechers, Vans, and Doctor Martens in Australia and New Zealand. Accent operates both monobranded stores and multibrand banners, such as Platypus, Hype DC, and The Athlete's Foot. With a network of more than 700 physical stores and 30 websites, Accent is the largest footwear retailer in Australia.

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