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Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. O-I Glass's Pre-Tax Income for the three months ended in Sep. 2024 was $-57 Mil. O-I Glass's Revenue for the three months ended in Sep. 2024 was $1,679 Mil. Therefore, O-I Glass's pretax margin for the quarter that ended in Sep. 2024 was -3.39%.
The historical rank and industry rank for O-I Glass's Pretax Margin % or its related term are showing as below:
The historical data trend for O-I Glass'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.
O-I Glass Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Pretax Margin % | Get a 7-Day Free Trial | -3.90 | 5.80 | 5.22 | 11.74 | 0.94 |
O-I Glass 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 | 4.70 | -26.75 | 7.34 | 6.02 | -3.39 |
For the Packaging & Containers subindustry, O-I Glass'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.
For the Packaging & Containers industry and Consumer Cyclical sector, O-I Glass's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where O-I Glass's Pretax Margin % falls into.
Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.
O-I Glass'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 ) |
= | 67 | / | 7105 | |
= | 0.94 % |
O-I Glass'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 ) |
= | -57 | / | 1679 | |
= | -3.39 % |
* 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.
O-I Glass (NYSE:OI) 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.
Thank you for viewing the detailed overview of O-I Glass's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
John Haudrich | officer: Vice President and Acting CFO | ONE MICHAEL OWENS WAY, PLAZA I, PERRYSBURG OH 43551 |
John Humphrey | director | ENPRO INDUSTRIES, INC., 5605 CARNEGIE BLVD., SUITE 500, CHARLOTTE NC 28209 |
Andres Alberto Lopez | officer: VP, President of Latin America | ONE MICHAEL OWENS WAY, PERRYSBURG OH 43551 |
Vitaliano Torno | officer: President, O-I Europe | O-I EUROPE SARL, EU HQ MEX EN FARAZ 5, VUFFLENS-LA-VILLE V8 1302 |
Arnaud Aujouannet | officer: SVP & Chief Sales & Marketing | ONE MICHAEL OWENS WAY, PLAZA ONE, PERRYSBURG OH 43551 |
Clark David V Ii | director | C/O O-I GLASS, INC., ONE MICHAEL OWENS WAY, PLAZA 1, PERRYSBURG OH 43551 |
Darrow A Abrahams | officer: SVP, GC & Corporate Secretary | ONE MICHAEL OWENS WAY, PERRYSBURG OH 43551 |
Mary Beth Wilkinson | officer: Senior VP, GC & Secretary | 2350 GREEN ROAD, SUITE 100, ANN ARBOR MI 48105 |
Samuel R. Chapin | director | 940 WINTER STREET, C/O PERKINELMER, WALTHAM MA 02451 |
Catherine I Slater | director | C/O WEYERHAEUSER COMPANY, 220 OCCIDENTAL AVENUE SOUTH, SEATTLE WA 98104 |
Peter S Hellman | director | ONE BAXTER PARKWAY, DEERFIELD IL 60015 |
Carol A Dudley-williams | director | 912 W. SUGNET RD., MIDLAND MI 48640 |
John H Walker | director | 233 SOUTH WACKER DRIVE, CHICAGO IL 60606 |
Timothy Connors | officer: President, O-I Asia Pacific | 36 BURWOOD ROAD, HAWTHORN, VIC C3 3195 |
Moyano Giancarlo Currarino | officer: SVP, Chief Tech & SC Officer | ONE MICHAEL OWENS WAY, PLAZA ONE, PERRYSBURG OH 43551 |
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