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Blueprint Medicines (LTS:0HOJ) Pretax Margin % : -36.11% (As of Jun. 2024)


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What is Blueprint Medicines Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Blueprint Medicines's Pre-Tax Income for the three months ended in Jun. 2024 was $-49.9 Mil. Blueprint Medicines's Revenue for the three months ended in Jun. 2024 was $138.2 Mil. Therefore, Blueprint Medicines's pretax margin for the quarter that ended in Jun. 2024 was -36.11%.

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

LTS:0HOJ' s Pretax Margin % Range Over the Past 10 Years
Min: -691.3   Med: -356   Max: 39.68
Current: -56.49


LTS:0HOJ's Pretax Margin % is ranked better than
60.74% of 1024 companies
in the Biotechnology industry
Industry Median: -152.19 vs LTS:0HOJ: -56.49

Blueprint Medicines Pretax Margin % Historical Data

The historical data trend for Blueprint Medicines'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.

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Blueprint Medicines Pretax Margin % Chart

Blueprint Medicines 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 -522.75 39.68 -356.00 -270.68 -202.91

Blueprint Medicines Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 -230.33 -236.04 -154.06 92.93 -36.11

Competitive Comparison of Blueprint Medicines's Pretax Margin %

For the Biotechnology subindustry, Blueprint Medicines'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.


Blueprint Medicines's Pretax Margin % Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Blueprint Medicines's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Blueprint Medicines's Pretax Margin % falls into.



Blueprint Medicines 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.

Blueprint Medicines'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 )
=-506.016/249.38
=-202.91 %

Blueprint Medicines's Pretax Margin for the quarter that ended in Jun. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Jun. 2024 )/Revenue (Q: Jun. 2024 )
=-49.892/138.157
=-36.11 %

* 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.


Blueprint Medicines  (LTS:0HOJ) 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.


Blueprint Medicines Pretax Margin % Related Terms

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Blueprint Medicines Business Description

Traded in Other Exchanges
Address
45 Sidney Street, Cambridge, MA, USA, 02139
Blueprint Medicines Corp is a biopharmaceutical company. It is focused on improving the lives of patients with diseases driven by abnormal kinase activation. The company has developed a small molecule drug pipeline in cancer and a rare genetic disease. Its drug candidates BLU-285, which targets KIT Exon 17 mutants and PDGFRa D842V, abnormally active receptor tyrosine kinase mutants that are drivers of cancer and proliferative disorders. Its other drug candidate is BLU 554 FOR Advanced Hepatocellular Carcinoma, and BLU-667 for Ret Mutations, Fusions, and Predicted Resistant Mutants.

Blueprint Medicines Headlines

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