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Hitachi Construction Machinery Co (TSE:6305) Pretax Margin % : 13.12% (As of Mar. 2024)


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What is Hitachi Construction Machinery Co Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Hitachi Construction Machinery Co's Pre-Tax Income for the three months ended in Mar. 2024 was 円50,575 Mil. Hitachi Construction Machinery Co's Revenue for the three months ended in Mar. 2024 was 円385,559 Mil. Therefore, Hitachi Construction Machinery Co's pretax margin for the quarter that ended in Mar. 2024 was 13.12%.

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

TSE:6305' s Pretax Margin % Range Over the Past 10 Years
Min: 3.14   Med: 8.02   Max: 11.41
Current: 11.41


TSE:6305's Pretax Margin % is ranked better than
76.44% of 208 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 6.76 vs TSE:6305: 11.41

Hitachi Construction Machinery Co Pretax Margin % Historical Data

The historical data trend for Hitachi Construction Machinery 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.

Hitachi Construction Machinery Co Pretax Margin % Chart

Hitachi Construction Machinery Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.20 3.14 10.82 8.81 11.41

Hitachi Construction Machinery 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 11.12 13.64 11.61 7.26 13.12

Competitive Comparison of Hitachi Construction Machinery Co's Pretax Margin %

For the Farm & Heavy Construction Machinery subindustry, Hitachi Construction Machinery 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.


Hitachi Construction Machinery Co's Pretax Margin % Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Hitachi Construction Machinery Co's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Hitachi Construction Machinery Co's Pretax Margin % falls into.



Hitachi Construction Machinery 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.

Hitachi Construction Machinery Co's Pretax Margin for the fiscal year that ended in Mar. 2024 is calculated as

Pretax Margin=Pre-Tax Income (A: Mar. 2024 )/Revenue (A: Mar. 2024 )
=160476/1405928
=11.41 %

Hitachi Construction Machinery 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 )
=50575/385559
=13.12 %

* 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.


Hitachi Construction Machinery Co  (TSE:6305) 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.


Hitachi Construction Machinery Co Pretax Margin % Related Terms

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Hitachi Construction Machinery Co (TSE:6305) Business Description

Traded in Other Exchanges
Address
16-1, Higashiueno 2-chome, Taito-ku, Tokyo, JPN, 110-0015
Hitachi Construction Machinery, or HCM, manufactures and sells construction and mining machinery, and provides related services such as parts supply, rentals, and others. HCM was established in 1970 as a subsidiary of Hitachi, but its origins date back to 1949 when it introduced Japan's first mechanical excavator. The company's main products include hydraulic excavators for mining/construction, rigid dump trucks, and wheel loaders. As of August 2022, Hitachi is no longer the parent company of HCM, after selling 26% of its stake to HCJI Holdings, a joint venture between Itochu and Japan Industrial Partners. Currently, Hitachi has a 25.4% stake in Hitachi Construction Machinery as an equity-method affiliate. HCM is based in Tokyo, Japan.

Hitachi Construction Machinery Co (TSE:6305) Headlines

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