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HNI (FRA:HO9) Pretax Margin % : 9.19% (As of Sep. 2024)


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What is HNI Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. HNI's Pre-Tax Income for the three months ended in Sep. 2024 was €56 Mil. HNI's Revenue for the three months ended in Sep. 2024 was €606 Mil. Therefore, HNI's pretax margin for the quarter that ended in Sep. 2024 was 9.19%.

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

FRA:HO9' s Pretax Margin % Range Over the Past 10 Years
Min: 2.66   Med: 4.99   Max: 6.82
Current: 5.95


FRA:HO9's Pretax Margin % is ranked worse than
51.79% of 2968 companies
in the Industrial Products industry
Industry Median: 6.345 vs FRA:HO9: 5.95

HNI Pretax Margin % Historical Data

The historical data trend for HNI'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.

HNI Pretax Margin % Chart

HNI 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 6.35 2.78 3.58 6.20 2.66

HNI Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 6.66 3.34 3.74 7.38 9.19

Competitive Comparison of HNI's Pretax Margin %

For the Business Equipment & Supplies subindustry, HNI'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.


HNI's Pretax Margin % Distribution in the Industrial Products Industry

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

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



HNI 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.

HNI'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 )
=59.422/2231.978
=2.66 %

HNI's Pretax Margin for the quarter that ended in Sep. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Sep. 2024 )/Revenue (Q: Sep. 2024 )
=55.682/605.652
=9.19 %

* 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.


HNI  (FRA:HO9) 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.


HNI Pretax Margin % Related Terms

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HNI Business Description

Traded in Other Exchanges
Address
600 East Second Street, P.O. Box 1109, Muscatine, IA, USA, 52761-0071
HNI Corp is a provider of office furniture and hearth products. The company generates the bulk of its revenue from its workplace furnishing, which consists of panel-based and freestanding furniture systems, seating, storage, tables, and architectural products. These products are sold through a national system of dealers, wholesalers, and office product distributors but also directly to end-user customers and federal, state, and local governments. Residential building products include a full array of gas, wood, electric, and pellet-fueled fireplaces, inserts, stoves, facings, and accessories. The company has operations in the United States, Canada, Mainland China, Hong Kong, India, Mexico, and Taiwan.

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