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Innovatec SpA (MIL:INC) Pretax Margin % : 3.23% (As of Dec. 2023)


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What is Innovatec SpA Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Innovatec SpA's Pre-Tax Income for the six months ended in Dec. 2023 was €4.3 Mil. Innovatec SpA's Revenue for the six months ended in Dec. 2023 was €133.8 Mil. Therefore, Innovatec SpA's pretax margin for the quarter that ended in Dec. 2023 was 3.23%.

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

MIL:INC' s Pretax Margin % Range Over the Past 10 Years
Min: -86.4   Med: 5.19   Max: 58.49
Current: 1.31


MIL:INC's Pretax Margin % is ranked worse than
81.87% of 513 companies
in the Utilities - Regulated industry
Industry Median: 10.3 vs MIL:INC: 1.31

Innovatec SpA Pretax Margin % Historical Data

The historical data trend for Innovatec 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.

Innovatec SpA Pretax Margin % Chart

Innovatec SpA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.33 5.31 7.64 5.78 1.31

Innovatec SpA Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 7.60 8.31 2.54 -1.46 3.23

Competitive Comparison of Innovatec SpA's Pretax Margin %

For the Utilities - Regulated Electric subindustry, Innovatec 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.


Innovatec SpA's Pretax Margin % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Innovatec SpA's Pretax Margin % distribution charts can be found below:

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



Innovatec 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.

Innovatec SpA'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 )
=2.971/226.262
=1.31 %

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

Pretax Margin=Pre-Tax Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=4.321/133.788
=3.23 %

* 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.


Innovatec SpA  (MIL:INC) 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.


Innovatec SpA Pretax Margin % Related Terms

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Innovatec SpA (MIL:INC) Business Description

Traded in Other Exchanges
Address
Via Giovanni Bensi 12/3, Milano, ITA, 20152
Innovatec S.p.A. engaged in the field of energy efficiency and renewable energies. The group is an integrated energy service provider which develops and operates technology, products and services.

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