GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Sonder Holdings Inc (MEX:SOND) » Definitions » Pretax Margin %

Sonder Holdings (MEX:SOND) Pretax Margin % : -39.72% (As of Sep. 2023)


View and export this data going back to 2022. Start your Free Trial

What is Sonder Holdings Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Sonder Holdings's Pre-Tax Income for the three months ended in Sep. 2023 was MXN-1,113 Mil. Sonder Holdings's Revenue for the three months ended in Sep. 2023 was MXN2,803 Mil. Therefore, Sonder Holdings's pretax margin for the quarter that ended in Sep. 2023 was -39.72%.

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

MEX:SOND' s Pretax Margin % Range Over the Past 10 Years
Min: -216.11   Med: -125.5   Max: -35.83
Current: -44.05


MEX:SOND's Pretax Margin % is ranked worse than
90.29% of 824 companies
in the Travel & Leisure industry
Industry Median: 6.385 vs MEX:SOND: -44.05

Sonder Holdings Pretax Margin % Historical Data

The historical data trend for Sonder Holdings'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.

Sonder Holdings Pretax Margin % Chart

Sonder Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Pretax Margin %
-124.73 -216.11 -126.27 -35.83

Sonder Holdings Quarterly Data
Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 -58.84 -42.58 -71.52 -28.68 -39.72

Competitive Comparison of Sonder Holdings's Pretax Margin %

For the Lodging subindustry, Sonder Holdings'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.


Sonder Holdings's Pretax Margin % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Sonder Holdings's Pretax Margin % distribution charts can be found below:

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



Sonder Holdings 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.

Sonder Holdings's Pretax Margin for the fiscal year that ended in Dec. 2022 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2022 )/Revenue (A: Dec. 2022 )
=-3220.915/8989.274
=-35.83 %

Sonder Holdings's Pretax Margin for the quarter that ended in Sep. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Sep. 2023 )/Revenue (Q: Sep. 2023 )
=-1113.068/2802.631
=-39.72 %

* 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.


Sonder Holdings  (MEX:SOND) 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.


Sonder Holdings Pretax Margin % Related Terms

Thank you for viewing the detailed overview of Sonder Holdings's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Sonder Holdings (MEX:SOND) Business Description

Traded in Other Exchanges
Address
101 15th Street, San Francisco, CA, USA, 94103
Sonder Holdings Inc is engaged in providing short and long-term accommodations to travelers in various cities across North America, Europe, and the Middle East. The Sonder units in each apartment-style building and each hotel property are selected, designed, and managed directly by the Company. The Company generates revenues by providing short-term or month-to-month accommodations to its guests.