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Ackerstein Group (XTAE:ACKR) Pretax Margin % : 29.24% (As of Sep. 2024)


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What is Ackerstein Group Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Ackerstein Group's Pre-Tax Income for the three months ended in Sep. 2024 was ₪73.9 Mil. Ackerstein Group's Revenue for the three months ended in Sep. 2024 was ₪252.6 Mil. Therefore, Ackerstein Group's pretax margin for the quarter that ended in Sep. 2024 was 29.24%.

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

XTAE:ACKR' s Pretax Margin % Range Over the Past 10 Years
Min: 11.55   Med: 12.59   Max: 16.03
Current: 16.03


XTAE:ACKR's Pretax Margin % is ranked better than
80.56% of 391 companies
in the Building Materials industry
Industry Median: 5.89 vs XTAE:ACKR: 16.03

Ackerstein Group Pretax Margin % Historical Data

The historical data trend for Ackerstein 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.

* Premium members only.

Ackerstein Group Pretax Margin % Chart

Ackerstein Group Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial 14.32 11.55 12.62 12.56 11.91

Ackerstein Group 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 11.24 12.44 10.29 9.84 29.24

Competitive Comparison of Ackerstein Group's Pretax Margin %

For the Building Materials subindustry, Ackerstein 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.


Ackerstein Group's Pretax Margin % Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Ackerstein Group's Pretax Margin % distribution charts can be found below:

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



Ackerstein 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.

Ackerstein 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 )
=123.523/1036.962
=11.91 %

Ackerstein Group'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 )
=73.883/252.641
=29.24 %

* 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.


Ackerstein Group  (XTAE:ACKR) 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.


Ackerstein Group Pretax Margin % Related Terms

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Ackerstein Group Business Description

Traded in Other Exchanges
N/A
Address
The State of the Jews 103, The Jewish State, Herzliya, IMN, 4676679
Ackerstein Group Ltd is engaged in the production and marketing of concrete products for environmental development and income-producing real estate.

Ackerstein Group Headlines

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