SHRG (Sharing Services Global) Pretax Margin %: -22.35% (As of Sep. 2024)


SHRG Sharing Services Global Corp SHRG
12 GF Score
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What is Sharing Services Global Pretax Margin %?

Sharing Services Global SHRG 12 Pretax Margin % is -22.35% as of Sep. 2024. GuruFocus rates SHRG with a GF Score™ of 12/100.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Sharing Services Global's Pre-Tax Income for the three months ended in Sep. 2024 was $-0.47 Mil. Sharing Services Global's Revenue for the three months ended in Sep. 2024 was $2.09 Mil. Therefore, Sharing Services Global's pretax margin for the quarter that ended in Sep. 2024 was -22.35%.

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


SHRG's Pretax Margin % is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 4.67
* Ranked among companies with meaningful Pretax Margin % only.

Sharing Services Global  (OTCPK:SHRG) 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.


Sharing Services Global Pretax Margin % Related Terms


Sharing Services Global Pretax Margin % Historical Data

* Premium members only.

The historical data trend for Sharing Services Global'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.

Sharing Services Global Pretax Margin % Chart

Sharing Services Global Annual Data
Trend Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Mar21 Mar22 Mar23 Mar24
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.49 -2.82 -58.51 -234.04 -61.70

Sharing Services Global Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -60.90 -30.87 -71.73 -43.61 -22.35

SHRG vs AVRW, JBS, KHC: Pretax Margin % Comparison

For the Packaged Foods subindustry, Sharing Services Global'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.


Sharing Services Global Pretax Margin % vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Sharing Services Global's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Sharing Services Global's Pretax Margin % falls into.


SHRG
12GF Score
Sharing Services Global Corp SHRG
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Sharing Services Global 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.

Sharing Services Global's Pretax Margin for the fiscal year that ended in Mar. 2024 is calculated as

Pretax Margin=Pre-Tax Income (A: Mar. 2024 )/Revenue (A: Mar. 2024 )
=-6.712/10.878
=-61.70 %

Sharing Services Global'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 )
=-0.466/2.085
=-22.35 %

* 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.

Frequently Asked Questions Learn more about Pretax Margin % →
What does a Pretax Margin % of -22.35% mean?
Sharing Services Global (SHRG) has a Pretax Margin % of -22.35% as of Sep. 2024. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Sharing Services Global and its competitors.
Is Sharing Services Global's Pretax Margin % too high?
Sharing Services Global's current Pretax Margin % is -22.35%. Overall, Sharing Services Global has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Sharing Services Global's Pretax Margin % compare to AVRW and JBS?
Sharing Services Global's Pretax Margin % of -22.35% can be compared against companies in the Consumer Packaged Goods industry. The industry median Pretax Margin % is 4.67. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Pretax Margin % for a Consumer Packaged Goods company?
The median Pretax Margin % among Consumer Packaged Goods companies is 4.67, based on 1,952 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Sharing Services Global and its competitors. For the Consumer Packaged Goods industry, the median Pretax Margin % is 4.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sharing Services Global's current Pretax Margin % is -22.35%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sharing Services Global stock overvalued right now?
Sharing Services Global (SHRG) has a current Pretax Margin % of -22.35%. The current Pretax Margin % is -22.35%. Sharing Services Global's overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For Sharing Services Global (SHRG), the current Pretax Margin % is -22.35% as of Sep. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Sharing Services Global Business Description

Address 5200 Tennyson Parkway, Suite 400, Plano, TX, USA, 75024
Sharing Services Global Corp is a diversified holding company specializing in the direct selling industry. The company owns, operates, or controls an interest in various companies that sell products and services to the consumer directly through independent representatives ranging from health and wellness, energy, technology, insurance services, training, media, and travel benefits. Its operating segment includes Sale of health and wellness products and the sale of member-based travel services through an independent sales force. The company derives the maximum revenue from the Health and wellness products segment. Geographically, it generates a majority of its revenue from the United States.
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Pretax Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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