Weir Group (Weir Group) Pretax Margin % : 11.26% (As of Dec. 2023)

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What is Weir Group Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Weir Group's Pre-Tax Income for the six months ended in Dec. 2023 was $190 Mil. Weir Group's Revenue for the six months ended in Dec. 2023 was $1,691 Mil. Therefore, Weir Group's pretax margin for the quarter that ended in Dec. 2023 was 11.26%.

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

WEGRY' s Pretax Margin % Range Over the Past 10 Years
Min: -9.27 Med: 9.15 Max: 12.17
Current: 12.17

WEGRY's Pretax Margin % is ranked better than
73.25% of 2972 companies
in the Industrial Products industry
Industry Median: 6.5 vs WEGRY: 12.17

Weir Group Pretax Margin % Historical Data

The historical data trend for Weir Group'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.

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Weir Group Pretax Margin % Chart

Weir Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Pretax Margin %

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9.24

9.06

10.83

10.53

12.17

Weir Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Pretax Margin %	Get a 7-Day Free Trial															10.58	11.50	9.75	13.10	11.26

Competitive Comparison of Weir Group's Pretax Margin %

For the Specialty Industrial Machinery subindustry, Weir Group'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.

Weir Group's Pretax Margin % Distribution in the Industrial Products Industry

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

* The bar in red indicates where Weir Group's Pretax Margin % falls into.

Weir Group 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.

Weir Group'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 )
	=	405.949	/	3336.709
	=	12.17 %

Weir Group's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin	=	Pre-Tax Income (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	190.38	/	1691.392
	=	11.26 %

Weir Group (OTCPK:WEGRY) 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.

Weir Group Pretax Margin % Related Terms

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Weir Group (Weir Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Weir Group PLC (OTCPK:WEGRY) » Definitions » Pretax Margin %

Comparable Companies

Traded in Other Exchanges

WEIGF:USA WEIRl:UK WEIR:UK

Address

1 West Regent Street, Glasgow, GBR, G2 1RW

Website

https://www.global.weir

Weir Group PLC manufactures equipment for minerals and other industrial end markets. The company's operating segment includes Minerals and ESCO. The Minerals segment is into engineering, manufacturing and service processing technology used in abrasive, high-wear mining applications. It is also used in infrastructure and general industrial markets. The ESCO segment is into the provision of Ground Engaging Tools (G.E.T.) for large mining machines. It operates predominantly in mining and infrastructure markets where its technology improves productivity through extended wear life, increased safety and reduced energy consumption. The company generates maximum revenue from the Minerals segment. Geographically, the company derives a majority of its revenue from South America.

Weir Group (Weir Group) Headlines

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