The historical rank and industry rank for Gerresheimer AG's Pretax Margin % or its related term are showing as below:
GRRMY'
s Pretax Margin % Range Over the Past 10 Years
Min: 7.05 Med: 8.48 Max: 11.49
Current: 8.38
GRRMY's Pretax Margin % is ranked better than 66.26% of 818
companies
in the Medical Devices & Instruments industry
Industry Median: -0.535
vs GRRMY: 8.38
Gerresheimer AG Pretax Margin % Historical Data
The historical data trend for Gerresheimer 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.
Competitive Comparison of Gerresheimer AG's Pretax Margin %
For the Medical Instruments & Supplies subindustry, Gerresheimer 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.
Gerresheimer AG's Pretax Margin % Distribution in the Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Gerresheimer AG's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Gerresheimer AG's Pretax Margin % falls into.
Gerresheimer 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.
Gerresheimer AG's Pretax Margin for the fiscal year that ended in Nov. 2023 is calculated as
* 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.
Gerresheimer AG (OTCPK:GRRMY) 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.
Gerresheimer AG Pretax Margin % Related Terms
Thank you for viewing the detailed overview of Gerresheimer AG's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Gerresheimer AG (Gerresheimer AG) Business Description
Gerresheimer AG provides medicine packaging, drug delivery devices, and solutions with a product range for pharma, health, well-being, and biotech. The firm operates in three segments: The plastics and devices segment consists of products for simple and safe drug delivery along with packaging for liquid and solid medicines, The primary packaging glass segment produces glass packaging products for the pharma and cosmetics industries also for food and beverage industry and The advanced technologies segment works on technical and digital solutions to improve the therapy outcome for patients. The company generates the majority of its revenue in Europe, with sales in Germany contributing the major proportion of any country.
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