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GEL SpA (MIL:GEL) Pretax Margin % : 2.17% (As of Jun. 2023)


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What is GEL SpA Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. GEL SpA's Pre-Tax Income for the six months ended in Jun. 2023 was €0.17 Mil. GEL SpA's Revenue for the six months ended in Jun. 2023 was €7.62 Mil. Therefore, GEL SpA's pretax margin for the quarter that ended in Jun. 2023 was 2.17%.

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

MIL:GEL' s Pretax Margin % Range Over the Past 10 Years
Min: -0.56   Med: 5.45   Max: 10.03
Current: 1.78


MIL:GEL's Pretax Margin % is ranked worse than
71.23% of 2961 companies
in the Industrial Products industry
Industry Median: 6.53 vs MIL:GEL: 1.78

GEL SpA Pretax Margin % Historical Data

The historical data trend for GEL SpA'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.

GEL SpA Pretax Margin % Chart

GEL SpA Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Pretax Margin %
Get a 7-Day Free Trial 4.54 2.50 -0.56 10.03 6.35

GEL SpA Semi-Annual Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 10.03 10.03 10.40 1.40 2.17

Competitive Comparison of GEL SpA's Pretax Margin %

For the Pollution & Treatment Controls subindustry, GEL SpA'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.


GEL SpA's Pretax Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, GEL SpA's Pretax Margin % distribution charts can be found below:

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



GEL SpA 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.

GEL SpA'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 )
=1.093/17.2
=6.35 %

GEL SpA's Pretax Margin for the quarter that ended in Jun. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Jun. 2023 )/Revenue (Q: Jun. 2023 )
=0.165/7.616
=2.17 %

* 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.


GEL SpA  (MIL:GEL) 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.


GEL SpA Pretax Margin % Related Terms

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GEL SpA (MIL:GEL) Business Description

Traded in Other Exchanges
N/A
Address
Via Enzo Ferrari, 1, Castelfidardo, ITA, 60022
GEL SpA is an Italian company engaged in the business of designing and manufacturing products to treat water. The company offers filters, softeners, dosers, reverse osmosis, and conditioners to its clients. It also provides water treatment services for the following divisions - Medical, Food, and Mobile Installations. Desalination services and leachate treatment services are also provided by the company.