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HVT.A (Haverty Furniture) Pretax Margin % : 3.91% (As of Sep. 2024)


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What is Haverty Furniture Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Haverty Furniture's Pre-Tax Income for the three months ended in Sep. 2024 was $6.9 Mil. Haverty Furniture's Revenue for the three months ended in Sep. 2024 was $175.9 Mil. Therefore, Haverty Furniture's pretax margin for the quarter that ended in Sep. 2024 was 3.91%.

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

HVT.A' s Pretax Margin % Range Over the Past 10 Years
Min: 3.29   Med: 5.61   Max: 11.7
Current: 4.67


HVT.A's Pretax Margin % is ranked better than
59.64% of 1105 companies
in the Retail - Cyclical industry
Industry Median: 3.04 vs HVT.A: 4.67

Haverty Furniture Pretax Margin % Historical Data

The historical data trend for Haverty Furniture'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.

Haverty Furniture Pretax Margin % Chart

Haverty Furniture 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 3.58 10.25 11.70 11.41 8.43

Haverty Furniture 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 10.41 8.78 1.74 3.61 3.91

Competitive Comparison of Haverty Furniture's Pretax Margin %

For the Home Improvement Retail subindustry, Haverty Furniture'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.


Haverty Furniture's Pretax Margin % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Haverty Furniture's Pretax Margin % distribution charts can be found below:

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



Haverty Furniture 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.

Haverty Furniture'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 )
=72.711/862.133
=8.43 %

Haverty Furniture'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 )
=6.871/175.913
=3.91 %

* 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.


Haverty Furniture  (NYSE:HVT.A) 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.


Haverty Furniture Pretax Margin % Related Terms

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Haverty Furniture Business Description

Traded in Other Exchanges
Address
780 Johnson Ferry Road, Suite 800, Atlanta, GA, USA, 30342
Haverty Furniture Companies Inc is a specialty retailer of residential furniture and accessories. It provides various products such as Sofa Tables, Sleepers, End Tables, Cocktail Tables, Accent Pieces, Display Cabinets, Wall Decor, floral and Tress, and other related products. The company operates primarily in the Southern and Midwestern U.S. All its activities are encompassed in its Merchandise division. The company derives the majority of its revenue from its upholstery products and, secondarily, from bedroom furniture.