Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. WeWork's Pre-Tax Income for the
three
months ended in Sep. 2023 was $-816 Mil. WeWork's Revenue for the
three
months ended in Sep. 2023 was $794 Mil. Therefore, WeWork's pretax margin for the quarter that ended in Sep. 2023 was -102.77%.
The historical rank and industry rank for WeWork's Pretax Margin % or its related term are showing as below:
WEWKQ'
s Pretax Margin % Range Over the Past 10 Years
Min: -180.12 Med: -107.83 Max: -61.05
Current: -61.05
WEWKQ's Pretax Margin % is ranked worse than 86.27% of 1784
companies
in the Real Estate industry
Industry Median: 8.84
vs WEWKQ: -61.05
WeWork Pretax Margin % Historical Data
The historical data trend for WeWork'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.
Competitive Comparison of WeWork's Pretax Margin %
For the Real Estate Services subindustry, WeWork'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.
WeWork's Pretax Margin % Distribution in the Real Estate Industry
For the Real Estate industry and Real Estate sector, WeWork's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where WeWork's Pretax Margin % falls into.
WeWork 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.
WeWork's Pretax Margin for the fiscal year that ended in Dec. 2022 is calculated as
* 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.
WeWork (OTCPK:WEWKQ) 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.
WeWork Pretax Margin % Related Terms
Thank you for viewing the detailed overview of WeWork's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
WeWork Inc is a commercial real estate company that provides flexible workspaces for technology startups and services for other enterprises. It designs and builds physical and virtual shared spaces and office services for entrepreneurs and companies. The company's revenue categories are; Membership revenue consists of fees from members, net of discounts for the access to office space provided, and Service revenue consists of additional billings to members for the ancillary services provided through their memberships in excess of monthly allowances included in membership revenue, commissions earned by the Company on various services.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
WEWKQ has been successfully added to your 