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GLGI (Greystone Logistics) Pretax Margin % : 4.08% (As of Aug. 2024)


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What is Greystone Logistics Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Greystone Logistics's Pre-Tax Income for the three months ended in Aug. 2024 was $0.55 Mil. Greystone Logistics's Revenue for the three months ended in Aug. 2024 was $13.46 Mil. Therefore, Greystone Logistics's pretax margin for the quarter that ended in Aug. 2024 was 4.08%.

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

GLGI' s Pretax Margin % Range Over the Past 10 Years
Min: 3.51   Med: 6.82   Max: 14.57
Current: 7.12


GLGI's Pretax Margin % is ranked better than
58.46% of 1524 companies
in the Chemicals industry
Industry Median: 5.435 vs GLGI: 7.12

Greystone Logistics Pretax Margin % Historical Data

The historical data trend for Greystone Logistics'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.

Greystone Logistics Pretax Margin % Chart

Greystone Logistics Annual Data
Trend May15 May16 May17 May18 May19 May20 May21 May22 May23 May24
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.79 7.86 6.85 14.57 9.81

Greystone Logistics Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
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 14.30 9.20 3.26 11.34 4.08

Competitive Comparison of Greystone Logistics's Pretax Margin %

For the Specialty Chemicals subindustry, Greystone Logistics'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.


Greystone Logistics's Pretax Margin % Distribution in the Chemicals Industry

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

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



Greystone Logistics 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.

Greystone Logistics's Pretax Margin for the fiscal year that ended in May. 2024 is calculated as

Pretax Margin=Pre-Tax Income (A: May. 2024 )/Revenue (A: May. 2024 )
=6.059/61.781
=9.81 %

Greystone Logistics's Pretax Margin for the quarter that ended in Aug. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Aug. 2024 )/Revenue (Q: Aug. 2024 )
=0.549/13.461
=4.08 %

* 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.


Greystone Logistics  (OTCPK:GLGI) 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.


Greystone Logistics Pretax Margin % Related Terms

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Greystone Logistics Business Description

Traded in Other Exchanges
N/A
Address
1613 East 15th Street, Tulsa, OK, USA, 74120
Greystone Logistics Inc is engaged in the business of manufacturing and selling plastic pallets utilizing recycled plastic. Its products include rackable pallet, can pallet, display pallet, monoblock pallet, rackable pallet, drum pallet, and a mid-duty pallet of different sizes and specifications. The company sells its products through one of its subsidiaries and a network of contractor distributors and direct sales.
Executives
Drew T. Lockard director 4436 POTOMAC AVENUE, DALLAS TX 75205
Warren F Kruger officer: President 1613 E. 15TH STREET, TULSA OK 74120
Larry J. Lebarre director 7518 MIDDLEWOOD, HOUSTON TX 77063
William W Rahhal officer: Chief Financial Officer 1613 E. 15TH STREET, TULSA OK 74120
Paul Kruger 10 percent owner 1801 GATEWAY BLVD.,, SUITE 105, RICHARDSON TX 75080
Bob L Moore director, officer: President & CEO 1613 E 15 ST, TULSA OK 74120
Glog Investment Llc director, 10 percent owner 1613 E 15 ST, TULSA OK 74120
Robert Howard Nelson officer: CFO & COO 1613 EAST 15TH STREET, TULSA OK 74120
Marshall S Cogan director 767 THIRD AVENUE 15TH FLOOR, NEW YORK NY 10017
Rosene Robert B Jr director 3226 E. 62ND STREET, TULSA OK 74136
Westgate Capital Co Llc 10 percent owner
Westgate Investments L P 10 percent owner 1613 EAST 15TH STREET, TULSA OK 74120