GURUFOCUS.COM » STOCK LIST » Technology » Software » Matrix IT Ltd (XTAE:MTRX) » Definitions » Pretax Margin %

Matrix IT (XTAE:MTRX) Pretax Margin % : 6.47% (As of Mar. 2024)


View and export this data going back to 1993. Start your Free Trial

What is Matrix IT Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Matrix IT's Pre-Tax Income for the three months ended in Mar. 2024 was ₪94 Mil. Matrix IT's Revenue for the three months ended in Mar. 2024 was ₪1,454 Mil. Therefore, Matrix IT's pretax margin for the quarter that ended in Mar. 2024 was 6.47%.

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

XTAE:MTRX' s Pretax Margin % Range Over the Past 10 Years
Min: 5.89   Med: 6.14   Max: 9.73
Current: 6.2


XTAE:MTRX's Pretax Margin % is ranked better than
60.94% of 2765 companies
in the Software industry
Industry Median: 2.36 vs XTAE:MTRX: 6.20

Matrix IT Pretax Margin % Historical Data

The historical data trend for Matrix IT'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.

Matrix IT Pretax Margin % Chart

Matrix IT 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 5.94 6.41 6.52 9.73 6.22

Matrix IT Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 6.55 6.39 5.72 6.22 6.47

Competitive Comparison of Matrix IT's Pretax Margin %

For the Software - Application subindustry, Matrix IT'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.


Matrix IT's Pretax Margin % Distribution in the Software Industry

For the Software industry and Technology sector, Matrix IT's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Matrix IT's Pretax Margin % falls into.



Matrix IT 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.

Matrix IT'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 )
=325.186/5232.105
=6.22 %

Matrix IT's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=94.092/1453.713
=6.47 %

* 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.


Matrix IT  (XTAE:MTRX) 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.


Matrix IT Pretax Margin % Related Terms

Thank you for viewing the detailed overview of Matrix IT's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Matrix IT (XTAE:MTRX) Business Description

Traded in Other Exchanges
N/A
Address
3 Abba Eban Boulevard, Herzlia Pituach, ISR, 4612001
Matrix IT Ltd is an information technology company. It manages segments such as software solutions and value added services in Israel, software product marketing and support services, computer infrastructure and integration solutions, training and implementation, and software solutions and services in USA. Majority of its revenue is derived from its software solutions and services segment. The company's revenue is generated from its Israel operations.

Matrix IT (XTAE:MTRX) Headlines

From GuruFocus