The historical rank and industry rank for Spruce Biosciences's Pretax Margin % or its related term are showing as below:
SPRB'
s Pretax Margin % Range Over the Past 10 Years
Min: -474.96 Med: -474.96 Max: -461.67
Current: -461.67
SPRB's Pretax Margin % is ranked worse than 63.5% of 1030
companies
in the Biotechnology industry
Industry Median: -155.98
vs SPRB: -461.67
Spruce Biosciences Pretax Margin % Historical Data
The historical data trend for Spruce Biosciences'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.
Competitive Comparison of Spruce Biosciences's Pretax Margin %
For the Biotechnology subindustry, Spruce Biosciences'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.
Spruce Biosciences's Pretax Margin % Distribution in the Biotechnology Industry
For the Biotechnology industry and Healthcare sector, Spruce Biosciences's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Spruce Biosciences's Pretax Margin % falls into.
Spruce Biosciences 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.
Spruce Biosciences's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
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.
Spruce Biosciences Pretax Margin % Related Terms
Thank you for viewing the detailed overview of Spruce Biosciences's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Spruce Biosciences (Spruce Biosciences) Business Description
Spruce Biosciences Inc is a late-stage biopharmaceutical company focused on developing and commercializing novel therapies for rare endocrine disorders with unmet medical needs. The company is initially developing its wholly-owned product candidate, tildacerfont, as the potential first non-steroidal therapy to offer markedly improved disease control and reduce steroid burden for patients suffering from classic congenital adrenal hyperplasia (CAH).
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