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SOHVY (Sumitomo Heavy Industries) Pretax Margin % : 5.61% (As of Jun. 2024)


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What is Sumitomo Heavy Industries Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Sumitomo Heavy Industries's Pre-Tax Income for the three months ended in Jun. 2024 was $94 Mil. Sumitomo Heavy Industries's Revenue for the three months ended in Jun. 2024 was $1,682 Mil. Therefore, Sumitomo Heavy Industries's pretax margin for the quarter that ended in Jun. 2024 was 5.61%.

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

SOHVY' s Pretax Margin % Range Over the Past 10 Years
Min: 3.33   Med: 6.35   Max: 7.43
Current: 3.33


SOHVY's Pretax Margin % is ranked worse than
63.4% of 2967 companies
in the Industrial Products industry
Industry Median: 6.35 vs SOHVY: 3.33

Sumitomo Heavy Industries Pretax Margin % Historical Data

The historical data trend for Sumitomo Heavy Industries'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.

Sumitomo Heavy Industries Pretax Margin % Chart

Sumitomo Heavy Industries Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Dec23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.43 6.09 5.16 6.61 4.76

Sumitomo Heavy Industries Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 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 6.59 0.51 7.30 5.61 0.39

Competitive Comparison of Sumitomo Heavy Industries's Pretax Margin %

For the Specialty Industrial Machinery subindustry, Sumitomo Heavy Industries'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.


Sumitomo Heavy Industries's Pretax Margin % Distribution in the Industrial Products Industry

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

* The bar in red indicates where Sumitomo Heavy Industries's Pretax Margin % falls into.



Sumitomo Heavy Industries 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.

Sumitomo Heavy Industries'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 )
=357.296/7511.611
=4.76 %

Sumitomo Heavy Industries's Pretax Margin for the quarter that ended in Jun. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Jun. 2024 )/Revenue (Q: Jun. 2024 )
=94.305/1682.136
=5.61 %

* 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.


Sumitomo Heavy Industries  (OTCPK:SOHVY) 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.


Sumitomo Heavy Industries Pretax Margin % Related Terms

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Sumitomo Heavy Industries Business Description

Traded in Other Exchanges
Address
ThinkPark Tower, 1-1 Osaki 2-chome, Shinagawa-ku, Tokyo, JPN, 141-6025
Sumitomo Heavy Industries Ltd develops and manufactures a range of industrial machinery, from gearboxes to ships and large-scale plants. It offers power transmission and control systems, molding machinery, mobile cranes, turbines, and other industrial systems to optimize production. The company has six operating segments: machinery components, precision machinery, construction machinery, industrial machinery, ships, and environmental facilities and plants. Its segments collaborate, utilize research and development, and look for synergies to create new technologies or build on existing components. Japan accounts for approximately half of total revenue, with the remainder split between the United States, China, and other areas.