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Procore Technologies (Procore Technologies) Pretax Margin % : -3.97% (As of Mar. 2024)


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What is Procore Technologies Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Procore Technologies's Pre-Tax Income for the three months ended in Mar. 2024 was $-11 Mil. Procore Technologies's Revenue for the three months ended in Mar. 2024 was $269 Mil. Therefore, Procore Technologies's pretax margin for the quarter that ended in Mar. 2024 was -3.97%.

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

PCOR' s Pretax Margin % Range Over the Past 10 Years
Min: -56.12   Med: -30.27   Max: -13.49
Current: -13.49


PCOR's Pretax Margin % is ranked worse than
70.06% of 2762 companies
in the Software industry
Industry Median: 2.2 vs PCOR: -13.49

Procore Technologies Pretax Margin % Historical Data

The historical data trend for Procore Technologies'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.

Procore Technologies Pretax Margin % Chart

Procore Technologies Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial -28.71 -24.27 -56.12 -39.78 -19.83

Procore Technologies Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -29.69 -23.00 -17.61 -11.08 -3.97

Competitive Comparison of Procore Technologies's Pretax Margin %

For the Software - Application subindustry, Procore Technologies'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.


Procore Technologies's Pretax Margin % Distribution in the Software Industry

For the Software industry and Technology sector, Procore Technologies's Pretax Margin % distribution charts can be found below:

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



Procore Technologies 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.

Procore Technologies'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 )
=-188.421/950.01
=-19.83 %

Procore Technologies'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 )
=-10.703/269.428
=-3.97 %

* 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.


Procore Technologies  (NYSE:PCOR) 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.


Procore Technologies Pretax Margin % Related Terms

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Procore Technologies (Procore Technologies) Business Description

Traded in Other Exchanges
Address
6309 Carpinteria Avenue, Carpinteria, CA, USA, 93013
Procore Technologies Inc is a cloud-based construction management software company. It generates revenue through subscriptions for access to its software products. The company's products include Design Coordination, BIM, Field Productivity, Project Financials, Invoice Management, Portfolio Financials, Capital Planning, Accounting Integrations, and Analytics.
Executives
O Connor Kevin J director C/O DOUBLECLICK INC., 111 EIGHTH AVENUE, NEW YORK NY 10011
Benjamin C Singer officer: Chief Legal Officer; Secretary 5 CROSBY STREET, NEW YORK NY 10013
Howard Fu officer: CFO & Treasurer 6309 CARPINTERIA AVE, CARPINTERIA CA 93013
Courtemanche Craig F. Jr. director, officer: Chief Executive Officer, other: Chairman of the Board 6309 CARPINTERIA AVE, CARPINTERIA CA 93013
Nanci Caldwell director C/O DELTEK, INC., 2291 WOOD OAK DRIVE, HERNDON VA 20171
Iconiq Strategic Partners Ii, L.p. 10 percent owner 50 BEALE ST., STE 2300, SAN FRANCISCO CA 94105
Griffith William J.g. director, 10 percent owner 21300 VICTORY BLVD., 12TH FLOOR, WOODLAND HILLS CA 91367
Joy Driscoll Durling officer: Chief Data Officer 772 UTAH VALLEY DRIVE, AMERICAN FORK UT 84003
Steven Scott Davis officer: President Product & Technology 6309 CARPINTERIA AVE, CARPINTERIA CA 93013
Fleming William Fred Jr officer: VP, Corporate Controller 6309 CARPINTERIA AVE, CARPINTERIA CA 93013
Elisa Steele director 1601 CLOVERFIELD BLVD, STE 620 SOUTH, SANTA MONICA CA 90404
Kathryn Bueker director C/O HUBSPOT, INC., 25 FIRST STREET, 2ND FLOOR, CAMBRIDGE MA 02141
Graham Smith director 301 BRANNMAN ST, SAN FRANCISCO CA 94107
Paul Lyandres officer: Chief Financial Officer 6309 CARPINTERIA AVE, CARPINTERIA CA 93013
Dennis Lyandres officer: Chief Revenue Officer 6309 CARPINTERIA AVE, CARPINTERIA CA 93013