GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » 2seventy bio Inc (MEX:TSVT) » Definitions » Pretax Margin %

2seventy bio (MEX:TSVT) Pretax Margin % : 277.45% (As of Jun. 2024)


View and export this data going back to 2021. Start your Free Trial

What is 2seventy bio Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. 2seventy bio's Pre-Tax Income for the three months ended in Jun. 2024 was MXN455.8 Mil. 2seventy bio's Revenue for the three months ended in Jun. 2024 was MXN164.3 Mil. Therefore, 2seventy bio's pretax margin for the quarter that ended in Jun. 2024 was 277.45%.

The historical rank and industry rank for 2seventy bio's Pretax Margin % or its related term are showing as below:

MEX:TSVT' s Pretax Margin % Range Over the Past 10 Years
Min: -723.75   Med: -321.88   Max: -48.41
Current: -354.16


MEX:TSVT's Pretax Margin % is ranked worse than
61.42% of 1011 companies
in the Biotechnology industry
Industry Median: -148.6 vs MEX:TSVT: -354.16

2seventy bio Pretax Margin % Historical Data

The historical data trend for 2seventy bio'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.

2seventy bio Pretax Margin % Chart

2seventy bio Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial -723.75 -48.41 -535.95 -277.77 -216.73

2seventy bio Quarterly Data
Dec18 Dec19 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 -116.76 -595.30 -531.84 -423.59 277.45

Competitive Comparison of 2seventy bio's Pretax Margin %

For the Biotechnology subindustry, 2seventy bio'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.


2seventy bio's Pretax Margin % Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, 2seventy bio's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where 2seventy bio's Pretax Margin % falls into.



2seventy bio 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.

2seventy bio'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 )
=-3693.087/1703.994
=-216.73 %

2seventy bio'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 )
=455.786/164.276
=277.45 %

* 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.


2seventy bio  (MEX:TSVT) 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.


2seventy bio Pretax Margin % Related Terms

Thank you for viewing the detailed overview of 2seventy bio's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


2seventy bio Business Description

Traded in Other Exchanges
Address
60 Binney Street, Cambridge, MA, USA, 02142
2seventy bio Inc is a cell and gene therapy company focused on the research, development, and commercialization of transformative treatments for cancer. The company operates in a single segment, focusing on researching, developing and commercializing potentially transformative treatments for cancer.