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Newegg Commerce (Newegg Commerce) Pretax Margin % : -3.23% (As of Dec. 2023)


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What is Newegg Commerce Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Newegg Commerce's Pre-Tax Income for the three months ended in Dec. 2023 was $-14.7 Mil. Newegg Commerce's Revenue for the three months ended in Dec. 2023 was $456.1 Mil. Therefore, Newegg Commerce's pretax margin for the quarter that ended in Dec. 2023 was -3.23%.

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

NEGG' s Pretax Margin % Range Over the Past 10 Years
Min: -4.12   Med: -0.81   Max: 1.53
Current: -3.95


NEGG's Pretax Margin % is ranked worse than
77.39% of 1110 companies
in the Retail - Cyclical industry
Industry Median: 3.015 vs NEGG: -3.95

Newegg Commerce Pretax Margin % Historical Data

The historical data trend for Newegg Commerce'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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Newegg Commerce Pretax Margin % Chart

Newegg Commerce Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
-0.81 1.53 1.28 -2.52 -4.12

Newegg Commerce Quarterly Data
Dec19 Jun20 Sep20 Dec20 Jun21 Sep21 Dec21 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -3.28 -1.94 - -4.99 -3.23

Competitive Comparison of Newegg Commerce's Pretax Margin %

For the Internet Retail subindustry, Newegg Commerce'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.


Newegg Commerce's Pretax Margin % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Newegg Commerce's Pretax Margin % distribution charts can be found below:

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



Newegg Commerce 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.

Newegg Commerce'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 )
=-61.672/1496.963
=-4.12 %

Newegg Commerce'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 )
=-14.724/456.144
=-3.23 %

* 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.


Newegg Commerce  (NAS:NEGG) 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.


Newegg Commerce Pretax Margin % Related Terms

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Newegg Commerce (Newegg Commerce) Business Description

Traded in Other Exchanges
Address
17560 Rowland Street, City of Industry, CA, USA, 91748
Newegg Commerce Inc is an e-commerce company offering direct sales and an online marketplace platform for IT computer components, consumer electronics, entertainment, smart home and gaming products and provides certain third-party logistics services globally.