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NEXTracker (NEXTracker) Pretax Margin % : 38.43% (As of Mar. 2024)


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What is NEXTracker Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. NEXTracker's Pre-Tax Income for the three months ended in Mar. 2024 was $283 Mil. NEXTracker's Revenue for the three months ended in Mar. 2024 was $737 Mil. Therefore, NEXTracker's pretax margin for the quarter that ended in Mar. 2024 was 38.43%.

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

NXT' s Pretax Margin % Range Over the Past 10 Years
Min: 4.47   Med: 12.71   Max: 24.32
Current: 24.32


NXT's Pretax Margin % is ranked better than
87.42% of 986 companies
in the Semiconductors industry
Industry Median: 5.235 vs NXT: 24.32

NEXTracker Pretax Margin % Historical Data

The historical data trend for NEXTracker'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.

NEXTracker Pretax Margin % Chart

NEXTracker Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
Pretax Margin %
12.71 13.22 4.47 8.89 24.32

NEXTracker Quarterly Data
Mar20 Mar21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.73 15.17 14.90 23.48 38.43

Competitive Comparison of NEXTracker's Pretax Margin %

For the Solar subindustry, NEXTracker'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.


NEXTracker's Pretax Margin % Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, NEXTracker's Pretax Margin % distribution charts can be found below:

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



NEXTracker 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.

NEXTracker'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 )
=607.997/2499.841
=24.32 %

NEXTracker's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=283.064/736.515
=38.43 %

* 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.


NEXTracker  (NAS:NXT) 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.


NEXTracker Pretax Margin % Related Terms

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


NEXTracker (NEXTracker) Business Description

Traded in Other Exchanges
N/A
Address
6200 Paseo Padre Parkway, Fremont, CA, USA, 94555
NEXTracker Inc provides integrated solar tracker and software solutions used in utility-scale and ground-mounted distributed solar generation projects worldwide. Nextracker's products enable solar panels in utility-scale power plants to follow the sun's movement across the sky and optimize plant performance. It generates revenue from selling solar trackers, such as NX Horizon and NX Gemini, and from licensing TrueCapture software products.
Executives
Daniel S Shugar director, officer: Chief Executive Officer 3939 NORTH FIRST STREET, SAN JOSE CA 95134
Leah Schlesinger officer: GC, Ch Eth & Compl Off'r & Sec 6200 PASEO PADRE PARKWAY, FREMONT CA 94555
William D Watkins director P O BOX 8, SAINT PETERS MO 63376
Charles D Boynton director
Flex Ltd. 10 percent owner 2 CHANGI SOUTH LANE, SINGAPORE U0 486123
Tpg Gp A, Llc 10 percent owner 301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
Kyra Lynn Whitten director 17465 RINGEL DRIVE, MORGAN HILL CA 95037
Brandi Elizabeth Thomas director C/O NEXTRACKER HQ, 6200 PASEO PADRE PKWY, FREMONT CA 94555
Howard Wenger officer: President 3939 NORTH FIRST STREET, SAN JOSE CA 95134
Nicholas Marco Miller officer: Chief Operating Officer 6200 PASEO PADRE PARKWAY, FREMONT CA 94555
Bruce Ledesma officer: Pres, Strat'y, Software & Admn 3939 NORTH FIRST STREET, SAN JOSE CA 95134
David P Bennett officer: Chief Financial Officer 3616 NICOLE AVE, PLEASANTON CA 94588
Willy C Shih director 343 STATE STREET, ROCHESTER NY 146500211
Michael P Hartung director 6201 AMERICA CENTER DRIVE, SAN JOSE CA 95002
Steven B. Mandel director 301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102