Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Instil Bio's Pre-Tax Income for the
three
months ended in Dec. 2023 was $-12.93 Mil. Instil Bio's Revenue for the
three
months ended in Dec. 2023 was $0.00 Mil. Therefore, Instil Bio's pretax margin for the quarter that ended in Dec. 2023 was %.
The historical rank and industry rank for Instil Bio's Pretax Margin % or its related term are showing as below:
TIL's Pretax Margin % is not ranked *
in the Biotechnology industry.
Industry Median: -176.72 * Ranked among companies with meaningful Pretax Margin % only.
Instil Bio Pretax Margin % Historical Data
The historical data trend for Instil Bio'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 Instil Bio's Pretax Margin %
For the Biotechnology subindustry, Instil Bio'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.
Instil Bio's Pretax Margin % Distribution in the Biotechnology Industry
For the Biotechnology industry and Healthcare sector, Instil Bio's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Instil Bio's Pretax Margin % falls into.
Instil Bio 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.
Instil Bio'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.
Instil Bio (NAS:TIL) 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.
Instil Bio Pretax Margin % Related Terms
Thank you for viewing the detailed overview of Instil Bio's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Instil Bio Inc is a clinical-stage biopharmaceutical company focused on developing an innovative cell therapy pipeline of autologous tumor infiltrating lymphocyte, or TIL, therapies for the treatment of patients with cancer. It is also engaged in developing a novel class of genetically engineered TIL therapies using our Co-Stimulatory Antigen Receptor, or CoStAR, platform. The company's lead product candidate, ITIL-168, is an autologous TIL therapy that it is initially developing for the treatment of PD-1-inhibitor relapsed or refractory advanced melanoma.
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