IRCE SpA (MIL:IRC) Pretax Margin % : 3.05% (As of Dec. 2023)

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What is IRCE SpA Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. IRCE SpA's Pre-Tax Income for the three months ended in Dec. 2023 was €2.8 Mil. IRCE SpA's Revenue for the three months ended in Dec. 2023 was €92.1 Mil. Therefore, IRCE SpA's pretax margin for the quarter that ended in Dec. 2023 was 3.05%.

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

MIL:IRC' s Pretax Margin % Range Over the Past 10 Years
Min: 0.14 Med: 2.11 Max: 3.09
Current: 3.09

MIL:IRC's Pretax Margin % is ranked worse than
66.07% of 2971 companies
in the Industrial Products industry
Industry Median: 6.51 vs MIL:IRC: 3.09

IRCE SpA Pretax Margin % Historical Data

The historical data trend for IRCE 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.

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IRCE SpA Pretax Margin % Chart

IRCE SpA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Pretax Margin %

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0.87

1.45

3.09

2.25

3.08

IRCE SpA Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Pretax Margin %	Get a 7-Day Free Trial															5.17	2.89	3.06	3.38	3.05

Competitive Comparison of IRCE SpA's Pretax Margin %

For the Electrical Equipment & Parts subindustry, IRCE 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.

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

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

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

IRCE 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.

IRCE 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 )
	=	12.468	/	404.154
	=	3.08 %

IRCE 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 )
	=	2.808	/	92.06
	=	3.05 %

IRCE SpA (MIL:IRC) 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.

IRCE SpA Pretax Margin % Related Terms

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IRCE SpA (MIL:IRC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » IRCE SpA (MIL:IRC) » Definitions » Pretax Margin %

Comparable Companies

Traded in Other Exchanges

IRQ:Germany

Address

Via Lasie 12/A, Imola, ITA, 40026

Website

https://www.irce.it

IRCE SpA is an Italy-based company engaged in the manufacturing of its core activities through its segments namely the Winding wires segment and Cables segment. The Winding wire segment consists of the manufacturing of electric motors and generators, transformers, relays, and solenoid valves whereas the Cable segment includes energy and data cables that are supplied to industries like construction, civil and industrial engineering, and electoral devices for consumable durable goods. It generates the majority of its revenue from the winding wires segment. The company products include Enamelled copper and aluminum round wire, Copper and aluminum rectangular wire, Medium Voltage Cables, and others. The company's geographical segments are Italy, the European Union, and Non-European Union.