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Meggitt (Meggitt) Pretax Margin % : -0.79% (As of Jun. 2022)


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What is Meggitt Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Meggitt's Pre-Tax Income for the six months ended in Jun. 2022 was $-8 Mil. Meggitt's Revenue for the six months ended in Jun. 2022 was $1,011 Mil. Therefore, Meggitt's pretax margin for the quarter that ended in Jun. 2022 was -0.79%.

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

MEGGY' s Pretax Margin % Range Over the Past 10 Years
Min: -19.83   Med: 12.03   Max: 17.52
Current: -0.53


MEGGY's Pretax Margin % is not ranked
in the Aerospace & Defense industry.
Industry Median: 5.65 vs MEGGY: -0.53

Meggitt Pretax Margin % Historical Data

The historical data trend for Meggitt'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.

Meggitt Pretax Margin % Chart

Meggitt Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.45 10.39 12.60 -19.83 2.10

Meggitt Semi-Annual Data
Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22
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 -40.18 4.48 4.94 -0.28 -0.79

Competitive Comparison of Meggitt's Pretax Margin %

For the Aerospace & Defense subindustry, Meggitt'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.


Meggitt's Pretax Margin % Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Meggitt's Pretax Margin % distribution charts can be found below:

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



Meggitt 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.

Meggitt's Pretax Margin for the fiscal year that ended in Dec. 2021 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2021 )/Revenue (A: Dec. 2021 )
=41.622/1980.319
=2.10 %

Meggitt's Pretax Margin for the quarter that ended in Jun. 2022 is calculated as

Pretax Margin=Pre-Tax Income (Q: Jun. 2022 )/Revenue (Q: Jun. 2022 )
=-8.005/1011.084
=-0.79 %

* 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.


Meggitt  (OTCPK:MEGGY) 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.


Meggitt Pretax Margin % Related Terms

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Meggitt (Meggitt) Business Description

Traded in Other Exchanges
N/A
Address
Ansty Business Park, Pilot Way, Coventry, GBR, CV7 9JU
Meggitt designs and manufactures high performance components and sub-systems for the aerospace, defense, and energy markets. Key products include aircraft wheels and brakes, fire and safety systems, sensors, fuel systems, and polymer seals. Of the EUR 1.9 billion group revenue reported in 2020, 43% is derived from civil aerospace markets, 46% from defense, and 11% from energy markets. The company commands a leading share within many of its product categories and enjoys a high level of sole-source positions on long-term civil and military programs. Activities are evenly split between production of original equipment and aftermarket services.

Meggitt (Meggitt) Headlines

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By Holmes Osborne, CFA Holmes Osborne, CFA 08-17-2016