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Virgin Galactic Holdings (Virgin Galactic Holdings) Pretax Margin % : -3,693.34% (As of Dec. 2023)


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What is Virgin Galactic Holdings Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Virgin Galactic Holdings's Pre-Tax Income for the three months ended in Dec. 2023 was $-103.75 Mil. Virgin Galactic Holdings's Revenue for the three months ended in Dec. 2023 was $2.81 Mil. Therefore, Virgin Galactic Holdings's pretax margin for the quarter that ended in Dec. 2023 was -3,693.34%.

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

SPCE' s Pretax Margin % Range Over the Past 10 Years
Min: -270958.4   Med: -9049.08   Max: -4843.52
Current: -7380.65


SPCE's Pretax Margin % is ranked worse than
99.67% of 304 companies
in the Aerospace & Defense industry
Industry Median: 5.965 vs SPCE: -7380.65

Virgin Galactic Holdings Pretax Margin % Historical Data

The historical data trend for Virgin Galactic Holdings'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.

Virgin Galactic Holdings Pretax Margin % Chart

Virgin Galactic Holdings Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial -5,687.73 -270,958.40 -10,717.50 -21,607.01 -7,380.65

Virgin Galactic Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -17,294.71 -40,626.79 -7,179.58 -6,050.41 -3,693.34

Competitive Comparison of Virgin Galactic Holdings's Pretax Margin %

For the Aerospace & Defense subindustry, Virgin Galactic Holdings'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.


Virgin Galactic Holdings's Pretax Margin % Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Virgin Galactic Holdings's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Virgin Galactic Holdings's Pretax Margin % falls into.



Virgin Galactic Holdings 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.

Virgin Galactic Holdings'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 )
=-501.884/6.8
=-7,380.65 %

Virgin Galactic Holdings's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=-103.746/2.809
=-3,693.34 %

* 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.


Virgin Galactic Holdings  (NYSE:SPCE) 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.


Virgin Galactic Holdings Pretax Margin % Related Terms

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Virgin Galactic Holdings (Virgin Galactic Holdings) Business Description

Traded in Other Exchanges
Address
1700 Flight Way, Tustin, CA, USA, 92782
Virgin Galactic Holdings Inc is a United States-based vertically integrated aerospace company pioneering human spaceflight for private individuals & researchers, and it also manufactures advanced air and space vehicles. Using its technologies, it is developing a spaceflight system designed to offer its customers a unique, multi-day, and transformative experience. This culminates in a spaceflight that includes views of Earth from space and several minutes of weightlessness that will launch from Spaceport America, New Mexico.
Executives
Arcangeli Henio R Jr director C/O VIRGIN GALACTIC HOLDINGS, INC., 1700 FLIGHT WAY, TUSTIN CA 92782
Diana S. Strandberg director 1700 FLIGHT WAY, TUSTIN CA 92782
Raymond E Mabus director C/O DANA INCORPORATED, 3939 TECHNOLOGY DRIVE, MAUMEE OH 43537
Aparna Chitale officer: See Remarks 1700 FLIGHT WAY, TUSTIN CA 92782
Sarah E Kim officer: See Remarks C/O VIRGIN GALACTIC HOLDINGS, INC., 1700 FLIGHT WAY, TUSTIN CA 92782
Douglas T Ahrens officer: See Remarks 215 MOFFETT PARK DRIVE, SUNNYVALE CA 94089
Michael A Colglazier director, officer: See Remarks C/O VIRGIN GALACTIC HOLDINGS, INC., 166 NORTH ROADRUNNER PARKWAY, SUITE 1C, LAS CRUCES NM 88011
Alistair Burns officer: See Remarks 1700 FLIGHT WAY, TUSTIN CA 92782
Michelle Kley officer: See Remarks C/O VIRGIN GALACTIC HOLDINGS, INC., 166 NORTH ROADRUNNER PARKWAY, SUITE 1C, LAS CRUCES NM 88011
Wanda A Sigur director C/O VIRGIN GALACTIC HOLDINGS, INC., 166 NORTH ROADRUNNER PARKWAY, SUITE 1C, LAS CRUCES NM 88011
Virgin Investments Ltd 10 percent owner LA MOTTE CHAMBERS, ST HELIER Y9 X0 JE1 1BJ
Craig S Kreeger director C/O VIRGIN GALACTIC HOLDINGS, INC., 166 NORTH ROADRUNNER PARKWAY 1C, LAS CRUCES NM 88011
Tina W Jonas director C/O PASSUR AEROSPACE, INC, ONE LANDMARK SQUARE, SUITE 1900, STAMFORD CT 06901
Swaminathan B. Lyer officer: See Remarks 166 NORTH ROADRUNNER PARKWAY, SUITE 1C, LAS CRUCES NM 88011
Chamath Palihapitiya director, 10 percent owner THE SOCIAL-CAPITAL PARTNERSHIP, L.L.C., 506 SANTA CRUZ AVENUE, SUITE 300, MENLO PARK CA 94025