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First Milling Co (SAU:2283) Pretax Margin % : 28.87% (As of Mar. 2024)


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What is First Milling Co Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. First Milling Co's Pre-Tax Income for the three months ended in Mar. 2024 was ﷼79.8 Mil. First Milling Co's Revenue for the three months ended in Mar. 2024 was ﷼276.4 Mil. Therefore, First Milling Co's pretax margin for the quarter that ended in Mar. 2024 was 28.87%.

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

SAU:2283' s Pretax Margin % Range Over the Past 10 Years
Min: 23.34   Med: 24.48   Max: 25.37
Current: 23.34


SAU:2283's Pretax Margin % is ranked better than
92.75% of 1863 companies
in the Consumer Packaged Goods industry
Industry Median: 4.27 vs SAU:2283: 23.34

First Milling Co Pretax Margin % Historical Data

The historical data trend for First Milling Co'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.

First Milling Co Pretax Margin % Chart

First Milling Co Annual Data
Trend Dec21 Dec22 Dec23
Pretax Margin %
25.37 24.48 23.46

First Milling Co Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only 29.78 16.71 22.29 23.94 28.87

Competitive Comparison of First Milling Co's Pretax Margin %

For the Packaged Foods subindustry, First Milling Co'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.


First Milling Co's Pretax Margin % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, First Milling Co's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where First Milling Co's Pretax Margin % falls into.



First Milling Co 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.

First Milling Co'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 )
=226.205/964.261
=23.46 %

First Milling Co'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 )
=79.814/276.449
=28.87 %

* 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.


First Milling Co  (SAU:2283) 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.


First Milling Co Pretax Margin % Related Terms

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First Milling Co (SAU:2283) Business Description

Traded in Other Exchanges
N/A
Address
Jeddah Islamic Port, between gates 7 and 8, PO Box: 16165, Jeddah, SAU, 22312
First Milling Co operates as a producer of flour-based products and byproducts. It is mainly engaged in producing flour, bran, wheat derivatives, and animal feed. The Company operates in four regions in the Kingdom of Saudi Arabia, which are its reportable segments.

First Milling Co (SAU:2283) Headlines

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