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Tokai Carbon Co (Tokai Carbon Co) Pretax Margin % : 5.78% (As of Mar. 2024)


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What is Tokai Carbon Co Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Tokai Carbon Co's Pre-Tax Income for the three months ended in Mar. 2024 was $32 Mil. Tokai Carbon Co's Revenue for the three months ended in Mar. 2024 was $548 Mil. Therefore, Tokai Carbon Co's pretax margin for the quarter that ended in Mar. 2024 was 5.78%.

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

TKCBF' s Pretax Margin % Range Over the Past 10 Years
Min: -8.96   Med: 10.28   Max: 41.42
Current: 9.67


TKCBF's Pretax Margin % is ranked better than
66.58% of 1526 companies
in the Chemicals industry
Industry Median: 5.52 vs TKCBF: 9.67

Tokai Carbon Co Pretax Margin % Historical Data

The historical data trend for Tokai Carbon Co'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.

Tokai Carbon Co Pretax Margin % Chart

Tokai Carbon Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.55 3.03 9.02 12.37 11.54

Tokai Carbon Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 13.84 13.40 9.88 9.23 5.78

Competitive Comparison of Tokai Carbon Co's Pretax Margin %

For the Specialty Chemicals subindustry, Tokai Carbon Co'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.


Tokai Carbon Co's Pretax Margin % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Tokai Carbon Co's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Tokai Carbon Co's Pretax Margin % falls into.



Tokai Carbon Co 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.

Tokai Carbon Co'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 )
=291.69/2527.728
=11.54 %

Tokai Carbon Co'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 )
=31.685/548.403
=5.78 %

* 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.


Tokai Carbon Co  (OTCPK:TKCBF) 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.


Tokai Carbon Co Pretax Margin % Related Terms

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Tokai Carbon Co (Tokai Carbon Co) Business Description

Traded in Other Exchanges
Address
1-2-3 Kita Aoyama Building, Minato-ku, Tokyo, JPN, 107-8636
Tokai Carbon Co Ltd is a Japan-based manufacturer of carbon products which include, Carbon black, graphite electrodes, fine carbon friction material and manufactures industrial furnaces, and related products. It operates through three reportable segments, Carbon Black business, Carbon and Ceramics business, and Industrial Furnaces and Related Products business. Carbon black is mainly used as a reinforcing agent of industrial rubber products, typically auto tires. Carbon and Ceramics business segment produces artificial graphite electrodes for electric arc furnaces, fine carbon, carbon brush, impervious graphite, pencil lead-cores. Industrial Furnaces and Related Products segment include Industrial electric furnaces, gas furnaces, silicon carbide heating elements refractory, amongst others.

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