GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Volato Group Inc (AMEX:SOAR) » Definitions » Pretax Margin %

Volato Group (Volato Group) Pretax Margin % : -131.59% (As of Mar. 2024)


View and export this data going back to 2023. Start your Free Trial

What is Volato Group Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Volato Group's Pre-Tax Income for the three months ended in Mar. 2024 was $-17.38 Mil. Volato Group's Revenue for the three months ended in Mar. 2024 was $13.21 Mil. Therefore, Volato Group's pretax margin for the quarter that ended in Mar. 2024 was -131.59%.

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

SOAR' s Pretax Margin % Range Over the Past 10 Years
Min: -142.71   Med: -72.02   Max: -9.78
Current: -99.15


SOAR's Pretax Margin % is ranked worse than
97.72% of 966 companies
in the Transportation industry
Industry Median: 7.19 vs SOAR: -99.15

Volato Group Pretax Margin % Historical Data

The historical data trend for Volato Group'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.

Volato Group Pretax Margin % Chart

Volato Group Annual Data
Trend Dec21 Dec22 Dec23
Pretax Margin %
-142.71 -9.78 -72.02

Volato Group Quarterly Data
Dec21 Jun22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Pretax Margin % Get a 7-Day Free Trial -47.97 -75.76 -89.71 - -131.59

Competitive Comparison of Volato Group's Pretax Margin %

For the Airports & Air Services subindustry, Volato Group'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.


Volato Group's Pretax Margin % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Volato Group's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Volato Group's Pretax Margin % falls into.



Volato Group 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.

Volato Group'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 )
=-52.82/73.338
=-72.02 %

Volato Group'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 )
=-17.384/13.211
=-131.59 %

* 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.


Volato Group  (AMEX:SOAR) 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.


Volato Group Pretax Margin % Related Terms

Thank you for viewing the detailed overview of Volato Group's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Volato Group (Volato Group) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
1954 Airport Road, Suite 124, Chamblee, GA, USA, 30341
Volato Group Inc operates an aircraft ownership program, provides ad-hoc charter flights, sells deposit products, and manages aircraft for owners in the private aviation industry. The Volato aircraft ownership program consists of facilitating the formation of limited liability companies owned by third-party members. Subsequently, the Company sells an aircraft to each limited liability company.

Volato Group (Volato Group) Headlines