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WILLF (Demant AS) Pretax Margin % : 16.07% (As of Jun. 2024)


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What is Demant AS Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Demant AS's Pre-Tax Income for the six months ended in Jun. 2024 was $257 Mil. Demant AS's Revenue for the six months ended in Jun. 2024 was $1,599 Mil. Therefore, Demant AS's pretax margin for the quarter that ended in Jun. 2024 was 16.07%.

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

WILLF' s Pretax Margin % Range Over the Past 10 Years
Min: 9.23   Med: 16.12   Max: 19.33
Current: 14.78


WILLF's Pretax Margin % is ranked better than
78.35% of 822 companies
in the Medical Devices & Instruments industry
Industry Median: -0.85 vs WILLF: 14.78

Demant AS Pretax Margin % Historical Data

The historical data trend for Demant AS'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.

Demant AS Pretax Margin % Chart

Demant AS 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 12.79 9.23 19.33 14.85 15.12

Demant AS Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 15.72 14.05 16.83 13.57 16.07

Competitive Comparison of Demant AS's Pretax Margin %

For the Medical Devices subindustry, Demant AS'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.


Demant AS's Pretax Margin % Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Demant AS's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Demant AS's Pretax Margin % falls into.



Demant AS 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.

Demant AS'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 )
=496.576/3283.637
=15.12 %

Demant AS's Pretax Margin for the quarter that ended in Jun. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Jun. 2024 )/Revenue (Q: Jun. 2024 )
=257.009/1599.025
=16.07 %

* 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.


Demant AS  (OTCPK:WILLF) 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.


Demant AS Pretax Margin % Related Terms

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Demant AS Business Description

Address
Kongebakken 9, Smorum, DNK, 2765
Demant is a Denmark-based manufacturer and distributor of hearing solutions, such as hearing aid devices and diagnostic equipment. More than 80% of the company's sales come from North America and Europe.

Demant AS Headlines

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