The historical rank and industry rank for Eightco Holdings's Pretax Margin % or its related term are showing as below:
OCTO'
s Pretax Margin % Range Over the Past 10 Years
Min: -149.65 Med: -48.37 Max: 1.4
Current: -7.41
OCTO's Pretax Margin % is ranked worse than 89.54% of 392
companies
in the Packaging & Containers industry
Industry Median: 4.83
vs OCTO: -7.41
Eightco Holdings Pretax Margin % Historical Data
The historical data trend for Eightco Holdings'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 Eightco Holdings's Pretax Margin %
For the Packaging & Containers subindustry, Eightco Holdings'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.
Eightco Holdings's Pretax Margin % Distribution in the Packaging & Containers Industry
For the Packaging & Containers industry and Consumer Cyclical sector, Eightco Holdings's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Eightco Holdings's Pretax Margin % falls into.
Eightco Holdings 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.
Eightco Holdings'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.
Eightco Holdings Pretax Margin % Related Terms
Thank you for viewing the detailed overview of Eightco Holdings's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Eightco Holdings Inc operates in three main businesses: Forever 8 Inventory Cash Flow Solution, Web3 Business, and Packaging Business. Forever 8 focuses on purchasing inventory for e-commerce retailers and is part of its Inventory Solution Business. Web3 Business but has no intention of continuing this business at this time. The Packaging Business manufactures and sells custom packaging for a wide variety of products and helps customers generate brand awareness and promote brand image through packaging. The Company's two reportable segments were the Inventory Management Solutions segment and the Corrugated segment. Key revenue is generated from Inventory Management Solutions segment.
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