GETR (Getaround) Pretax Margin %: -69.31% (As of Sep. 2024)


What is Getaround Pretax Margin %?

Getaround GETR Pretax Margin % is -69.31% as of Sep. 2024.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Getaround's Pre-Tax Income for the three months ended in Sep. 2024 was $-15.52 Mil. Getaround's Revenue for the three months ended in Sep. 2024 was $22.39 Mil. Therefore, Getaround's pretax margin for the quarter that ended in Sep. 2024 was -69.31%.

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


GETR's Pretax Margin % is not ranked *
in the Software industry.
Industry Median: 3.54
* Ranked among companies with meaningful Pretax Margin % only.

Getaround  (OTCPK:GETR) 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.

Getaround Pretax Margin % Related Terms

Getaround Pretax Margin % Historical Data

* Premium members only.

The historical data trend for Getaround'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.

Getaround Pretax Margin % Chart

Getaround Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Pretax Margin %
-283.21 -191.12 -229.93 -157.86

Getaround Quarterly Data
Dec20 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 -115.93 -179.81 -180.19 -64.77 -69.31

GETR vs EHVVF, FMTOF, FYNN: Pretax Margin % Comparison

For the Software - Application subindustry, Getaround'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.

Getaround Pretax Margin % vs Software Industry

For the Software industry and Technology sector, Getaround's Pretax Margin % distribution charts can be found below:

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


Getaround 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.

Getaround'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 )
=-114.735/72.68
=-157.86 %

Getaround'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 )
=-15.517/22.387
=-69.31 %

* 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.

Frequently Asked Questions Learn more about Pretax Margin % →
What does a Pretax Margin % of -69.31% mean?
Getaround (GETR) has a Pretax Margin % of -69.31% as of Sep. 2024. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Getaround and its competitors.
Is Getaround's Pretax Margin % too high?
Getaround's current Pretax Margin % is -69.31%.
How does Getaround's Pretax Margin % compare to EHVVF and FMTOF?
Getaround's Pretax Margin % of -69.31% can be compared against companies in the Software industry. The industry median Pretax Margin % is 3.54. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Pretax Margin % for a Software company?
The median Pretax Margin % among Software companies is 3.54, based on 2,823 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Getaround and its competitors. For the Software industry, the median Pretax Margin % is 3.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Getaround's current Pretax Margin % is -69.31%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Getaround stock overvalued right now?
Getaround (GETR) has a current Pretax Margin % of -69.31%. The current Pretax Margin % is -69.31%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For Getaround (GETR), the current Pretax Margin % is -69.31% as of Sep. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Getaround Business Description

Address 55 Green Street, San Francisco, CA, USA, 94111
Getaround Inc operates as a developer of a carsharing platform designed to instantly access and drive cars shared by people. The company's platform provides users with simple on-demand car rentals. Getaround's on-demand technology enables a contactless experience no waiting in line at a car rental facility, manually completing paperwork, or meeting anyone to collect or drop off car keys. It derives maximum revenue from United States.