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Gurit Holding AG (CHIX:GURNZ) Pretax Margin % : 1.19% (As of Dec. 2023)


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What is Gurit Holding AG Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Gurit Holding AG's Pre-Tax Income for the three months ended in Dec. 2023 was CHF2.6 Mil. Gurit Holding AG's Revenue for the three months ended in Dec. 2023 was CHF215.2 Mil. Therefore, Gurit Holding AG's pretax margin for the quarter that ended in Dec. 2023 was 1.19%.

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

CHIX:GURNz' s Pretax Margin % Range Over the Past 10 Years
Min: 2.28   Med: 8.48   Max: 10.67
Current: 2.28


CHIX:GURNz's Pretax Margin % is ranked worse than
65.38% of 1531 companies
in the Chemicals industry
Industry Median: 5.52 vs CHIX:GURNz: 2.28

Gurit Holding AG Pretax Margin % Historical Data

The historical data trend for Gurit Holding AG'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.

Gurit Holding AG Pretax Margin % Chart

Gurit Holding AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.15 10.52 4.46 3.28 2.28

Gurit Holding AG Quarterly 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 1.89 7.75 -0.68 3.24 1.19

Competitive Comparison of Gurit Holding AG's Pretax Margin %

For the Specialty Chemicals subindustry, Gurit Holding AG'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.


Gurit Holding AG's Pretax Margin % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Gurit Holding AG's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Gurit Holding AG's Pretax Margin % falls into.



Gurit Holding AG 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.

Gurit Holding AG's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=10.471/459.852
=2.28 %

Gurit Holding AG'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 )
=2.554/215.226
=1.19 %

* 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.


Gurit Holding AG  (CHIX:GURNz) 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.


Gurit Holding AG Pretax Margin % Related Terms

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Gurit Holding AG (CHIX:GURNZ) Business Description

Traded in Other Exchanges
Address
Ebnaterstrasse 79, Wattwil, CHE, CH-9630
Gurit Holding AG and its subsidiaries is engaged in development and manufacture of composite materials, core kitting services, composite tooling equipment and pultruded structural profiles .It operates in three segments, namely Composite Materials, Kitting and Manufacturing Solutions. The company's geographical segments are Europe, Asia, the Americas, and the Rest of the world.

Gurit Holding AG (CHIX:GURNZ) Headlines

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