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Precision BioSciences (FRA:PBS0) Pretax Margin % : 48.84% (As of Mar. 2024)


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What is Precision BioSciences Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Precision BioSciences's Pre-Tax Income for the three months ended in Mar. 2024 was €7.90 Mil. Precision BioSciences's Revenue for the three months ended in Mar. 2024 was €16.18 Mil. Therefore, Precision BioSciences's pretax margin for the quarter that ended in Mar. 2024 was 48.84%.

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

FRA:PBS0' s Pretax Margin % Range Over the Past 10 Years
Min: -448.86   Med: -325.45   Max: -26.49
Current: -50.14


FRA:PBS0's Pretax Margin % is ranked better than
62.26% of 1028 companies
in the Biotechnology industry
Industry Median: -155.98 vs FRA:PBS0: -50.14

Precision BioSciences Pretax Margin % Historical Data

The historical data trend for Precision BioSciences'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.

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Precision BioSciences Pretax Margin % Chart

Precision BioSciences Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial -417.65 -448.87 -26.49 -290.49 -87.27

Precision BioSciences Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -158.87 -60.09 -92.30 -190.87 48.84

Competitive Comparison of Precision BioSciences's Pretax Margin %

For the Biotechnology subindustry, Precision BioSciences'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.


Precision BioSciences's Pretax Margin % Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Precision BioSciences's Pretax Margin % distribution charts can be found below:

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



Precision BioSciences 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.

Precision BioSciences'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 )
=-38.997/44.683
=-87.27 %

Precision BioSciences's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=7.901/16.177
=48.84 %

* 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.


Precision BioSciences  (FRA:PBS0) 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.


Precision BioSciences Pretax Margin % Related Terms

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Precision BioSciences (FRA:PBS0) Business Description

Traded in Other Exchanges
Address
302 East Pettigrew Street, Dibrell Building, Suite A-100, Durham, NC, USA, 27701
Precision BioSciences Inc is a genome editing company dedicated to improving life through its genome editing platform, ARCUS. It leverages ARCUS in the development of its product candidates, which are designed to treat human diseases and provide food and agricultural solutions. ARCUS is also unique in its relatively small size which potentially allows delivery to a wider range of cells and tissues using viral and non-viral gene delivery methods.

Precision BioSciences (FRA:PBS0) Headlines

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