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Symrise AG (XTER:SY1) Pretax Margin % : 12.61% (As of Jun. 2024)


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What is Symrise AG Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Symrise AG's Pre-Tax Income for the six months ended in Jun. 2024 was €324 Mil. Symrise AG's Revenue for the six months ended in Jun. 2024 was €2,565 Mil. Therefore, Symrise AG's pretax margin for the quarter that ended in Jun. 2024 was 12.61%.

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

XTER:SY1' s Pretax Margin % Range Over the Past 10 Years
Min: 9.33   Med: 12.29   Max: 13.49
Current: 10.87


XTER:SY1's Pretax Margin % is ranked better than
71.78% of 1524 companies
in the Chemicals industry
Industry Median: 5.435 vs XTER:SY1: 10.87

Symrise AG Pretax Margin % Historical Data

The historical data trend for Symrise AG'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.

Symrise AG Pretax Margin % Chart

Symrise AG 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 12.02 12.03 13.49 9.33 9.83

Symrise AG 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 14.06 4.81 10.68 8.95 12.61

Competitive Comparison of Symrise AG's Pretax Margin %

For the Specialty Chemicals subindustry, Symrise AG'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.


Symrise AG's Pretax Margin % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Symrise AG's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Symrise AG's Pretax Margin % falls into.



Symrise AG 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.

Symrise AG'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 )
=464.949/4730.187
=9.83 %

Symrise AG'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 )
=323.592/2565.314
=12.61 %

* 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.


Symrise AG  (XTER:SY1) 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.


Symrise AG Pretax Margin % Related Terms

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Symrise AG Business Description

Address
Muhlenfeldstrasse 1, Holzminden, ST, DEU, 37603
Symrise is a global supplier of ingredients for fragrances and flavourings across the food, beverage, household products, and pharmaceutical industries. With an estimated 12% market share, it is the world's fourth-largest supplier of fragrances and flavourings. The company was created after a 2003 merger of two companies that originated in 1874 and 1919. With 9,000 employees, Symrise produces 30,000 products sourced from 10,000 mostly natural raw materials such as vanilla, citrus, blossoms, and plant or animal materials for more than 6,000 customers.
Executives
Jan Zijderveld Supervisory Board
Dr. Stephanie Coßmann Board of Directors
Michael König Supervisory Board
Dr. Heinz-jürgen Bertram Board of Directors
Olaf Klinger Board of Directors
Frau Ursula Buck Supervisory Board

Symrise AG Headlines

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