Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. MISTRAS Group's Pre-Tax Income for the
three
months ended in Sep. 2024 was $9.0 Mil. MISTRAS Group's Revenue for the
three
months ended in Sep. 2024 was $182.7 Mil. Therefore, MISTRAS Group's pretax margin for the quarter that ended in Sep. 2024 was 4.94%.
The historical rank and industry rank for MISTRAS Group's Pretax Margin % or its related term are showing as below:
MG'
s Pretax Margin % Range Over the Past 10 Years
Min: -19.27 Med: 1.37 Max: 5.63
Current: 1.86
MG's Pretax Margin % is ranked worse than 69.01% of 1052
companies
in the Business Services industry
Industry Median: 5.42
vs MG: 1.86
MISTRAS Group Pretax Margin % Historical Data
The historical data trend for MISTRAS Group'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.
Competitive Comparison of MISTRAS Group's Pretax Margin %
For the Security & Protection Services subindustry, MISTRAS Group'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.
MISTRAS Group's Pretax Margin % Distribution in the Business Services Industry
For the Business Services industry and Industrials sector, MISTRAS Group's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where MISTRAS Group's Pretax Margin % falls into.
MISTRAS Group 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.
MISTRAS Group's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
MISTRAS Group (NYSE:MG) 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.
MISTRAS Group Pretax Margin % Related Terms
Thank you for viewing the detailed overview of MISTRAS Group's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
MISTRAS Group Inc provides asset protection solutions and systems. The company evaluates the structural integrity and reliability of critical energy, industrial, and public infrastructure. The company's three operating segments are North America, International and Products and Systems, of which key revenue is derived from the North America segment. Services segment provides asset protection solutions predominantly in North America, with the large amount of concentration in the United States, followed by Canada, consisting of non-destructive testing, and inspection. The asset protection solutions include field inspections, consulting, maintenance, data management, access, monitoring and laboratory quality assurance.
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