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Quality Industrial (Quality Industrial) Pretax Margin % : 13.21% (As of Jun. 2023)


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What is Quality Industrial Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Quality Industrial's Pre-Tax Income for the three months ended in Jun. 2023 was $2.85 Mil. Quality Industrial's Revenue for the three months ended in Jun. 2023 was $21.60 Mil. Therefore, Quality Industrial's pretax margin for the quarter that ended in Jun. 2023 was 13.21%.

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

QIND' s Pretax Margin % Range Over the Past 10 Years
Min: -6565.91   Med: -3277.8   Max: 11.34
Current: 11.34


QIND's Pretax Margin % is ranked better than
70.18% of 2975 companies
in the Industrial Products industry
Industry Median: 6.5 vs QIND: 11.34

Quality Industrial Pretax Margin % Historical Data

The historical data trend for Quality Industrial'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.

Quality Industrial Pretax Margin % Chart

Quality Industrial Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Pretax Margin %
-6,565.91 - - 10.32

Quality Industrial Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 10.63 12.71 9.08 11.19 13.21

Competitive Comparison of Quality Industrial's Pretax Margin %

For the Specialty Industrial Machinery subindustry, Quality Industrial'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.


Quality Industrial's Pretax Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Quality Industrial's Pretax Margin % distribution charts can be found below:

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



Quality Industrial 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.

Quality Industrial's Pretax Margin for the fiscal year that ended in Dec. 2022 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2022 )/Revenue (A: Dec. 2022 )
=6.773/65.604
=10.32 %

Quality Industrial's Pretax Margin for the quarter that ended in Jun. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Jun. 2023 )/Revenue (Q: Jun. 2023 )
=2.853/21.602
=13.21 %

* 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.


Quality Industrial  (OTCPK:QIND) 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.


Quality Industrial Pretax Margin % Related Terms

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Quality Industrial (Quality Industrial) Business Description

Traded in Other Exchanges
N/A
Address
315 Montgomery Street, San Francisco, CA, USA, 94104
Quality Industrial Corp is engaged in the manufacture and assembly of industrial equipment and precision engineered technology for the Industrial, Oil & Gas, and Utility sectors.
Executives
Terje Aarbogh 10 percent owner 315 MONTGOMERY STREET, SAN FRANCISCO CA 94104
John-paul Backwell officer: Chief Executive Officer 26 BROADWAY, SUITE 934, NEW YORK NY 10004
Louise Bennett officer: Chief Operations Officer 26 BROADWAY, SUITE 934, NEW YORK NY 10004
Nicolas Link director, 10 percent owner 26 BROADWAY, SUITE 934, NEW YORK NY 10004
Krishnan Krishnamoorthy officer: Chief Financial Officer 26 BROADWAY, SUITE 934, NEW YORK NY 10004
Paul Quintal director 315 MONTGOMERY STREET, SAN FRANCISCO CA 94104
Rasmus Refer 10 percent owner 315 MONTGOMERY STREET, SAN FRANCISCO CA 94104
Carsten Falk officer: CEO 315 MONTGOMERY STREET, SAN FRANCISCO CA 94104