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MLKN (MillerKnoll) Pretax Margin % : -0.20% (As of Aug. 2024)


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What is MillerKnoll Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. MillerKnoll's Pre-Tax Income for the three months ended in Aug. 2024 was $-2 Mil. MillerKnoll's Revenue for the three months ended in Aug. 2024 was $862 Mil. Therefore, MillerKnoll's pretax margin for the quarter that ended in Aug. 2024 was -0.20%.

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

MLKN' s Pretax Margin % Range Over the Past 10 Years
Min: -0.52   Med: 6.92   Max: 9.26
Current: 2.15


MLKN's Pretax Margin % is ranked worse than
62.24% of 429 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 4.74 vs MLKN: 2.15

MillerKnoll Pretax Margin % Historical Data

The historical data trend for MillerKnoll'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.

MillerKnoll Pretax Margin % Chart

MillerKnoll Annual Data
Trend May15 May16 May17 May18 May19 May20 May21 May22 May23 May24
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.52 9.26 -0.22 1.26 2.75

MillerKnoll Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
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 2.30 4.67 3.15 0.76 -0.20

Competitive Comparison of MillerKnoll's Pretax Margin %

For the Furnishings, Fixtures & Appliances subindustry, MillerKnoll'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.


MillerKnoll's Pretax Margin % Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, MillerKnoll's Pretax Margin % distribution charts can be found below:

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



MillerKnoll 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.

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

Pretax Margin=Pre-Tax Income (A: May. 2024 )/Revenue (A: May. 2024 )
=99.7/3628.4
=2.75 %

MillerKnoll's Pretax Margin for the quarter that ended in Aug. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Aug. 2024 )/Revenue (Q: Aug. 2024 )
=-1.7/861.5
=-0.20 %

* 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.


MillerKnoll  (NAS:MLKN) 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.


MillerKnoll Pretax Margin % Related Terms

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


MillerKnoll Business Description

Traded in Other Exchanges
Address
855 East Main Avenue, P.O. Box 302, Zeeland, MI, USA, 49464
MillerKnoll Inc, formerly Herman Miller Inc researches, designs, manufactures, sells, and distributes interior furnishings across the globe. The Company has three reportable segments: Americas Contract , International Contract & Specialty International & Specialty and Global Retail. The company's products are sold through a variety of sources, including owned and independent contract furniture dealers, direct customer sales, owned and independent retailers, direct-mail catalogs, and the company's online stores. The independent retailer division generates the majority of the firm's overall sales.
Executives
Jeffrey M Stutz officer: TreasVPInvst Relatn 855 EAST MAIN, ZEELAND MI 49464
Mike C. Smith director STITCH FIX, INC., ONE MONTGOMERY STREET, SUITE 1500, SAN FRANCISCO CA 94104
Michael A Volkema director
Michael R Smith director 18 LOVETON CIRCLE, SPARKS MD 21152
Lisa A Kro director 3700 WELLS FARGO CENTER, 90 SOUTH 7TH STREET, MINNEAPOLIS MN 55402
Megan Lyon other: Chief Strategy Officer 855 EAST MAIN, ZEELAND MI 49464
Andi Owen officer: President & CEO 4900 N. SCOTTSDALE ROAD, SUITE 2000, SCOTTSDALE AZ 85251
Richard Scott other: Chief Mfg and Ops Officer 855 EAST MAIN, ZEELAND MI 49464
Bruce Benedict Watson other: Executive Creative Director 855 EAST MAIN, ZEELAND MI 49464
Kartik Shethia other: President - Intl Contract 855 EAST MAIN AVE, ZEELAND MI 49464
Jeffrey L. Kurburski other: VP Information Tech 855 EAST MAIN, ZEELAND MI 49464
Christopher M Baldwin other: Group President, MillerKnoll C/O KNOLL INC, 1235 WATER STREET, EAST GREENVILLE PA 18041
Jennifer K. Nicol other: Chief People Officer 855 EAST MAIN AVE, ZEELAND MI 49464
John P Michael officer: President, N America Contract 855 EAST MAIN, ZEELAND MI 49464
Debbie F Propst officer: President - HM Consumer 855 EAST MAIN, ZEELAND MI 49464