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TWIRF (Tree Island Steel) Pretax Margin % : -3.62% (As of Sep. 2024)


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What is Tree Island Steel Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Tree Island Steel's Pre-Tax Income for the three months ended in Sep. 2024 was $-1.5 Mil. Tree Island Steel's Revenue for the three months ended in Sep. 2024 was $40.6 Mil. Therefore, Tree Island Steel's pretax margin for the quarter that ended in Sep. 2024 was -3.62%.

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

TWIRF' s Pretax Margin % Range Over the Past 10 Years
Min: -2.61   Med: 3.92   Max: 37.59
Current: -0.2


TWIRF's Pretax Margin % is ranked worse than
73.05% of 616 companies
in the Steel industry
Industry Median: 3.06 vs TWIRF: -0.20

Tree Island Steel Pretax Margin % Historical Data

The historical data trend for Tree Island Steel'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.

Tree Island Steel Pretax Margin % Chart

Tree Island Steel 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 -2.61 3.32 37.59 12.30 4.52

Tree Island Steel 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 4.24 -1.98 2.42 1.85 -3.62

Competitive Comparison of Tree Island Steel's Pretax Margin %

For the Steel subindustry, Tree Island Steel'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.


Tree Island Steel's Pretax Margin % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Tree Island Steel's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Tree Island Steel's Pretax Margin % falls into.



Tree Island Steel 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.

Tree Island Steel'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 )
=8.577/189.674
=4.52 %

Tree Island Steel'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 )
=-1.469/40.564
=-3.62 %

* 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.


Tree Island Steel  (OTCPK:TWIRF) 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.


Tree Island Steel Pretax Margin % Related Terms

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Tree Island Steel Business Description

Traded in Other Exchanges
Address
3933 Boundary Road, Richmond, BC, CAN, V6V 1T8
Tree Island Steel Ltd operates in the steel business. It is engaged in the manufacturing and sale of steel wire and related products for a range of applications. It offers products such as bulk nails, stucco reinforcing products, concrete reinforcing mesh, fencing, and other fabricated wire products. The firm groups its products into the following: Industrial, Commercial, Agricultural, and Residential Construction. Key revenue is derived from the Industrial segment. The products are offered under Tree Island, Halsteel, K-Lath, True spec, Toughstrand, and Stucco-rite brands. Geographically the firm has its business presence across the region of the United States, Canada, and other regions, of which the United States region accounts for the majority share of the revenue.

Tree Island Steel Headlines