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Mitsubishi Electric (TSE:6503) Pretax Margin % : 7.41% (As of Sep. 2024)


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What is Mitsubishi Electric Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Mitsubishi Electric's Pre-Tax Income for the three months ended in Sep. 2024 was 円100,619 Mil. Mitsubishi Electric's Revenue for the three months ended in Sep. 2024 was 円1,357,113 Mil. Therefore, Mitsubishi Electric's pretax margin for the quarter that ended in Sep. 2024 was 7.41%.

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

TSE:6503' s Pretax Margin % Range Over the Past 10 Years
Min: 5.84   Med: 6.98   Max: 7.95
Current: 7.14


TSE:6503's Pretax Margin % is ranked better than
53.98% of 2968 companies
in the Industrial Products industry
Industry Median: 6.345 vs TSE:6503: 7.14

Mitsubishi Electric Pretax Margin % Historical Data

The historical data trend for Mitsubishi Electric'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.

Mitsubishi Electric Pretax Margin % Chart

Mitsubishi Electric 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 6.32 6.17 6.25 5.84 6.96

Mitsubishi Electric Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 6.29 7.17 7.92 5.92 7.41

Competitive Comparison of Mitsubishi Electric's Pretax Margin %

For the Electrical Equipment & Parts subindustry, Mitsubishi Electric'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.


Mitsubishi Electric's Pretax Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Mitsubishi Electric's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Mitsubishi Electric's Pretax Margin % falls into.



Mitsubishi Electric 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.

Mitsubishi Electric'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 )
=365853/5257914
=6.96 %

Mitsubishi Electric's Pretax Margin for the quarter that ended in Sep. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Sep. 2024 )/Revenue (Q: Sep. 2024 )
=100619/1357113
=7.41 %

* 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.


Mitsubishi Electric  (TSE:6503) 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.


Mitsubishi Electric Pretax Margin % Related Terms

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Mitsubishi Electric Business Description

Traded in Other Exchanges
Address
Tokyo Building, 2-7-3, Marunouchi, Chiyoda-ku, Tokyo, JPN, 100-8310
Mitsubishi Electric is a diversified industrials company that develops, manufactures and sells electrical equipment worldwide. The company's core segments include: industrial automation systems, energy and electric systems, electric devices, information and communication systems, and home appliances (which includes commercial air conditioning). Mitsubishi Electric was founded in 1921 and is headquartered in Tokyo.

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