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Smiths Group (LSE:SMIN) Pretax Margin % : 12.37% (As of Jul. 2024)


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What is Smiths Group Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Smiths Group's Pre-Tax Income for the six months ended in Jul. 2024 was £201 Mil. Smiths Group's Revenue for the six months ended in Jul. 2024 was £1,625 Mil. Therefore, Smiths Group's pretax margin for the quarter that ended in Jul. 2024 was 12.37%.

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

LSE:SMIN' s Pretax Margin % Range Over the Past 10 Years
Min: 4.01   Med: 11.79   Max: 18.32
Current: 11.88


LSE:SMIN's Pretax Margin % is ranked better than
72.84% of 2968 companies
in the Industrial Products industry
Industry Median: 6.345 vs LSE:SMIN: 11.88

Smiths Group Pretax Margin % Historical Data

The historical data trend for Smiths Group'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.

Smiths Group Pretax Margin % Chart

Smiths Group Annual Data
Trend Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.22 9.98 4.01 11.85 11.88

Smiths Group Semi-Annual Data
Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24
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 -4.15 11.16 12.53 11.35 12.37

Competitive Comparison of Smiths Group's Pretax Margin %

For the Specialty Industrial Machinery subindustry, Smiths Group'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.


Smiths Group's Pretax Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Smiths Group's Pretax Margin % distribution charts can be found below:

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



Smiths Group 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.

Smiths Group's Pretax Margin for the fiscal year that ended in Jul. 2024 is calculated as

Pretax Margin=Pre-Tax Income (A: Jul. 2024 )/Revenue (A: Jul. 2024 )
=372/3132
=11.88 %

Smiths Group's Pretax Margin for the quarter that ended in Jul. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Jul. 2024 )/Revenue (Q: Jul. 2024 )
=201/1625
=12.37 %

* 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.


Smiths Group  (LSE:SMIN) 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.


Smiths Group Pretax Margin % Related Terms

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Smiths Group Business Description

Traded in Other Exchanges
Address
255 Blackfriars Road, Level 10, Arbor, Bankside Yards, London, GBR, SE1 9AX
Smiths Group PLC manufacture niche products in security- or safety-sensitive industries. The company is organized into four major business segments: John Crane: mechanical seals, seal support systems, power transmission couplings and specialized filtration systems, Smiths Detection: sensors and systems that detect and identify explosives, narcotics, weapons, chemical agents, biohazards and contraband, Flex-Tek: engineered components, flexible hosing and rigid tubing that heat and move fluids and gases, Smiths Interconnect.