ErreDue SpA (MIL:RDUE) Pretax Margin % : 27.96% (As of Dec. 2023)

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What is ErreDue SpA Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. ErreDue SpA's Pre-Tax Income for the six months ended in Dec. 2023 was €2.42 Mil. ErreDue SpA's Revenue for the six months ended in Dec. 2023 was €8.64 Mil. Therefore, ErreDue SpA's pretax margin for the quarter that ended in Dec. 2023 was 27.96%.

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

MIL:RDUE' s Pretax Margin % Range Over the Past 10 Years
Min: 17.76 Med: 19.63 Max: 27.71
Current: 27.12

MIL:RDUE's Pretax Margin % is ranked better than
95.33% of 2974 companies
in the Industrial Products industry
Industry Median: 6.52 vs MIL:RDUE: 27.12

ErreDue SpA Pretax Margin % Historical Data

The historical data trend for ErreDue 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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ErreDue SpA Pretax Margin % Chart

ErreDue SpA Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Pretax Margin %

18.46

19.63

27.71

17.76

27.12

ErreDue SpA Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Pretax Margin %	Get a 7-Day Free Trial			33.56	17.03	18.35	26.20	27.96

Competitive Comparison of ErreDue SpA's Pretax Margin %

For the Specialty Industrial Machinery subindustry, ErreDue 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.

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

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

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

ErreDue 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.

ErreDue 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 )
	=	4.474	/	16.499
	=	27.12 %

ErreDue 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 )
	=	2.417	/	8.643
	=	27.96 %

ErreDue SpA (MIL:RDUE) 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.

ErreDue SpA Pretax Margin % Related Terms

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ErreDue SpA (MIL:RDUE) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via G. Gozzano, 3, Livorno, ITA, 57121

Website

https://www.erreduegas.it

ErreDue SpA designs manufacture and markets solutions for the on-site production, blending, and purification of technical gases (hydrogen produced by electrolysis of water, nitrogen, and oxygen) intended for use in small, medium, and large industrial sites, laboratories, medical applications, applications related to the energy transition. Its range of products comprises High purity Hydrogen generators, High purity Nitrogen generators, Oxygen generators, and Purification systems for Nitrogen, Hydrogen, Oxygen, and complex gas mixtures.

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