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LASCO Manufacturing (XJAM:LASM) Pretax Margin % : 26.76% (As of Sep. 2024)


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What is LASCO Manufacturing Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. LASCO Manufacturing's Pre-Tax Income for the three months ended in Sep. 2024 was JMD792 Mil. LASCO Manufacturing's Revenue for the three months ended in Sep. 2024 was JMD2,958 Mil. Therefore, LASCO Manufacturing's pretax margin for the quarter that ended in Sep. 2024 was 26.76%.

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

XJAM:LASM' s Pretax Margin % Range Over the Past 10 Years
Min: 15.2   Med: 22.16   Max: 26.8
Current: 26.8


XJAM:LASM's Pretax Margin % is ranked better than
94.7% of 1886 companies
in the Consumer Packaged Goods industry
Industry Median: 4.82 vs XJAM:LASM: 26.80

LASCO Manufacturing Pretax Margin % Historical Data

The historical data trend for LASCO Manufacturing'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.

LASCO Manufacturing Pretax Margin % Chart

LASCO Manufacturing Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Pretax Margin %
Get a 7-Day Free Trial 15.20 21.37 22.95 23.71 25.77

LASCO Manufacturing Quarterly Data
Mar19 Mar20 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 27.36 25.22 24.91 30.03 26.76

Competitive Comparison of LASCO Manufacturing's Pretax Margin %

For the Packaged Foods subindustry, LASCO Manufacturing'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.


LASCO Manufacturing's Pretax Margin % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, LASCO Manufacturing's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where LASCO Manufacturing's Pretax Margin % falls into.


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LASCO Manufacturing 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.

LASCO Manufacturing'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 )
=3105.4/12050.674
=25.77 %

LASCO Manufacturing'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 )
=791.533/2957.91
=26.76 %

* 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.


LASCO Manufacturing  (XJAM:LASM) 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.


LASCO Manufacturing Pretax Margin % Related Terms

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LASCO Manufacturing Business Description

Traded in Other Exchanges
N/A
Address
27 Red Hills Road, Kingston 10, Jamaica, JAM
LASCO Manufacturing Ltd is engaged in the manufacturing of soy-based products, juice drinks, water and packaging of milk-based products. The company's portfolio includes LASCO Food Drink, LaSoy Lactose-Free, Porridge Mix, Whole Milk, Instant enriched milk powder, and Readi Milk.

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