GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Makita Corp (OTCPK:MKTAY) » Definitions » Pretax Margin %

MKTAY (Makita) Pretax Margin % : 15.58% (As of Sep. 2024)


View and export this data going back to 2013. Start your Free Trial

What is Makita Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Makita's Pre-Tax Income for the three months ended in Sep. 2024 was $210 Mil. Makita's Revenue for the three months ended in Sep. 2024 was $1,347 Mil. Therefore, Makita's pretax margin for the quarter that ended in Sep. 2024 was 15.58%.

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

MKTAY' s Pretax Margin % Range Over the Past 10 Years
Min: 3.12   Med: 14.43   Max: 16.73
Current: 11.25


MKTAY's Pretax Margin % is ranked better than
70.59% of 2968 companies
in the Industrial Products industry
Industry Median: 6.345 vs MKTAY: 11.25

Makita Pretax Margin % Historical Data

The historical data trend for Makita'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.

Makita Pretax Margin % Chart

Makita Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.40 14.33 12.51 3.12 8.63

Makita Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 7.55 8.88 9.38 11.00 15.58

Competitive Comparison of Makita's Pretax Margin %

For the Tools & Accessories subindustry, Makita'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.


Makita's Pretax Margin % Distribution in the Industrial Products Industry

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

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



Makita 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.

Makita's Pretax Margin for the fiscal year that ended in Mar. 2024 is calculated as

Pretax Margin=Pre-Tax Income (A: Mar. 2024 )/Revenue (A: Mar. 2024 )
=427.297/4948.591
=8.63 %

Makita's Pretax Margin for the quarter that ended in Sep. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Sep. 2024 )/Revenue (Q: Sep. 2024 )
=209.753/1346.664
=15.58 %

* 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.


Makita  (OTCPK:MKTAY) 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.


Makita Pretax Margin % Related Terms

Thank you for viewing the detailed overview of Makita's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Makita Business Description

Traded in Other Exchanges
Address
3-11-8, Sumiyoshi-cho, Aichi Prefecture, Anjo, JPN, 446-8502
Makita manufactures and sells professional-grade power tools, outdoor power equipment, and other tools, such as lithium-ion battery-powered drills, impact drivers, lawn mowers, chainsaws, and hedge trimmers. The company was founded in 1915 as an electric motor sales and repair company in Nagoya, Japan, and later became a power tools manufacturer, since marketing its first portable electrical planer in Japan in 1958. While the company has local production bases in key regions globally, above 60% of its product volume is manufactured in China. Its headquarters is currently in Anjo, Japan.

Makita Headlines

From GuruFocus

Top 5 4th Quarter Trades of Cardinal Capital Management

By GuruFocus Research GuruFocus Editor 01-23-2023