The historical rank and industry rank for Mirion Technologies's Pretax Margin % or its related term are showing as below:
MIR'
s Pretax Margin % Range Over the Past 10 Years
Min: -42.71 Med: -27.93 Max: -8.08
Current: -8.08
MIR's Pretax Margin % is ranked worse than 84.6% of 2968
companies
in the Industrial Products industry
Industry Median: 6.345
vs MIR: -8.08
Mirion Technologies Pretax Margin % Historical Data
The historical data trend for Mirion Technologies'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 Mirion Technologies's Pretax Margin %
For the Specialty Industrial Machinery subindustry, Mirion Technologies'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.
Mirion Technologies's Pretax Margin % Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, Mirion Technologies's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Mirion Technologies's Pretax Margin % falls into.
Mirion Technologies 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.
Mirion Technologies'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.
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.
Mirion Technologies Pretax Margin % Related Terms
Thank you for viewing the detailed overview of Mirion Technologies's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Mirion Technologies Inc provides products, services, and software that allows customers to safely leverage the power of ionizing radiation for the greater good of humanity through critical applications in the medical, nuclear, defense markets, as well as laboratories, scientific research, analysis and exploration. The Company manages its operations through two segments: Medical and Technologies. The Medical segment provides radiation oncology quality assurance, delivering patient safety solutions for diagnostic imaging and radiation therapy centers. The Technologies segment is based around the nuclear energy, defense, laboratories, and scientific research markets as well as other industrial markets. It derives maximum revenue from Technologies Segment.
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