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Coventry Group (ASX:CYG) Pretax Margin % : 0.77% (As of Jun. 2024)


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What is Coventry Group Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Coventry Group's Pre-Tax Income for the six months ended in Jun. 2024 was A$1.4 Mil. Coventry Group's Revenue for the six months ended in Jun. 2024 was A$185.1 Mil. Therefore, Coventry Group's pretax margin for the quarter that ended in Jun. 2024 was 0.77%.

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

ASX:CYG' s Pretax Margin % Range Over the Past 10 Years
Min: -15.06   Med: -1.06   Max: 2.28
Current: 0.29


ASX:CYG's Pretax Margin % is ranked worse than
81.7% of 153 companies
in the Industrial Distribution industry
Industry Median: 4.43 vs ASX:CYG: 0.29

Coventry Group Pretax Margin % Historical Data

The historical data trend for Coventry 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.

Coventry Group Pretax Margin % Chart

Coventry Group Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -6.88 1.32 2.28 1.04 0.29

Coventry Group Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 2.24 1.37 0.72 -0.19 0.77

Competitive Comparison of Coventry Group's Pretax Margin %

For the Industrial Distribution subindustry, Coventry 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.


Coventry Group's Pretax Margin % Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Coventry Group's Pretax Margin % distribution charts can be found below:

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



Coventry 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.

Coventry Group's Pretax Margin for the fiscal year that ended in Jun. 2024 is calculated as

Pretax Margin=Pre-Tax Income (A: Jun. 2024 )/Revenue (A: Jun. 2024 )
=1.071/370.805
=0.29 %

Coventry Group's Pretax Margin for the quarter that ended in Jun. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Jun. 2024 )/Revenue (Q: Jun. 2024 )
=1.431/185.071
=0.77 %

* 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.


Coventry Group  (ASX:CYG) 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.


Coventry Group Pretax Margin % Related Terms

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Coventry Group Business Description

Traded in Other Exchanges
N/A
Address
235 Settlement Road, Thomastown, Melbourne, VIC, AUS, 3074
Coventry Group Ltd distributes and markets industrial products. The company operates through the following segments: Trade Distribution, and Fluid Systems. It generates maximum revenue from the Trade Distribution segment. The Trade Distribution segment includes the importation, distribution, and marketing of industrial fasteners, industrial hardware supplies and associated products, and cabinet-making hardware. Its Fluid Systems segment includes the design, manufacture, distribution, installation, and maintenance of lubrication and hydraulic fluid systems and hoses. Geographically, it derives a majority of its revenue from Australia.

Coventry Group Headlines

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