Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Latch's Pre-Tax Income for the
three
months ended in Mar. 2022 was $-44.21 Mil. Latch's Revenue for the
three
months ended in Mar. 2022 was $13.66 Mil. Therefore, Latch's pretax margin for the quarter that ended in Mar. 2022 was -323.79%.
The historical rank and industry rank for Latch's Pretax Margin % or its related term are showing as below:
LTCH's Pretax Margin % is not ranked *
in the Software industry.
Industry Median: 3.6 * Ranked among companies with meaningful Pretax Margin % only.
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.
Latch Pretax Margin % Related Terms
Latch Pretax Margin % Historical Data
* Premium members only.
The historical data trend for Latch'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.
LTCH vs AVYA, BNFT, EGAN: Pretax Margin % Comparison
For the Software - Application subindustry, Latch'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.
Latch Pretax Margin % vs Software Industry
For the Software industry and Technology sector, Latch's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Latch's Pretax Margin % falls into.
* 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.
Latch (LTCH) has a Pretax Margin % of -323.79% as of Mar. 2022. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Latch and its competitors.
Is Latch's Pretax Margin % too high?
Latch's current Pretax Margin % is -323.79%. Overall, Latch has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Latch's Pretax Margin % compare to AVYA and BNFT?
Latch's Pretax Margin % of -323.79% can be compared against companies in the Software industry. The industry median Pretax Margin % is 3.60. 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 3.60, based on 2,829 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 Latch and its competitors. For the Software industry, the median Pretax Margin % is 3.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Latch's current Pretax Margin % is -323.79%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Latch stock overvalued right now?
Latch (LTCH) has a current Pretax Margin % of -323.79%. The current Pretax Margin % is -323.79%. Latch's overall GF Score™ is 19/100. 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 Latch (LTCH), the current Pretax Margin % is -323.79% as of Mar. 2022. 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.
Latch Inc is a technology company delivering an integrated ecosystem of hardware, software and services designed to enhance operations and experiences within buildings, serving the multifamily rental market. Its core offering is built around a proprietary, cloud-based software-as-a-service (SaaS) platform (the DOOR Platform) that powers and manages the suite of smart access control devices (including locks, readers and intercoms) and smart home devices and integrates with other connected devices within a building. The company generates the majority of revenue revenue through the license of its SaaS over the cloud-based platform on a subscription-based arrangement. Geographically, the company operates in single segment being USA.
19GF Score
Get the complete analysis for LTCH
Pretax Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
LTCH has been successfully added to your 
