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Angi (ANGI) Pretax Margin % : 0.71% (As of Mar. 2024)


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What is Angi Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Angi's Pre-Tax Income for the three months ended in Mar. 2024 was $2 Mil. Angi's Revenue for the three months ended in Mar. 2024 was $305 Mil. Therefore, Angi's pretax margin for the quarter that ended in Mar. 2024 was 0.71%.

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

ANGI' s Pretax Margin % Range Over the Past 10 Years
Min: -20.86   Med: -1.7   Max: 6.18
Current: -1.13


ANGI's Pretax Margin % is ranked worse than
51.03% of 580 companies
in the Interactive Media industry
Industry Median: -0.785 vs ANGI: -1.13

Angi Pretax Margin % Historical Data

The historical data trend for Angi'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.

Angi Pretax Margin % Chart

Angi 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 2.54 -1.32 -5.80 -5.36 -2.08

Angi 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 -3.40 -4.41 -3.03 5.13 0.71

Competitive Comparison of Angi's Pretax Margin %

For the Internet Content & Information subindustry, Angi'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.


Angi's Pretax Margin % Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Angi's Pretax Margin % distribution charts can be found below:

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



Angi 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.

Angi'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 )
=-28.208/1358.748
=-2.08 %

Angi'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 )
=2.162/305.39
=0.71 %

* 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.


Angi  (NAS:ANGI) 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.


Angi Pretax Margin % Related Terms

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Angi (ANGI) Business Description

Traded in Other Exchanges
Address
3601 Walnut Street, Denver, CO, USA, 80205
Angi Inc connects quality home service professionals across different categories, from repairing and remodeling to cleaning and landscaping, with consumers. The Company has four operating segments: (i) Ads and Leads; (ii) Services; (iii) Roofing; and (iv) International (Europe and Canada). Majority of the revenue is earned from United States.
Executives
Kulesh Shanmugasundaram officer: Chief Technology Officer C/O ANGI INC., 3601 WALNUT STREET, SUITE 700, DENVER CO 80205
Pickett Thomas Corning Jr director 1315 ELDER AVENUE, MENLO PARK CA 94025
David Elias Fleischman officer: Chief Product Officer C/O ANGI INC., 3601 WALNUT STREET, SUITE 700, DENVER CO 80205
Hicks Bowman Angela R. director C/O ANGIE'S LIST, INC., 1030 E. WASHINGTON STREET, INDIANAPOLIS IN 46202
Andrew Russakoff officer: CFO C/O ANGI INC., 3601 WALNUT STREET, SUITE 700, DENVER CO 80205
Jeremy Philips director C/O TRIPADVISOR, INC., 141 NEEDHAM STREET, NEWTON MA 02464
Sandra Hurse director C/O GROSVENOR CAPITAL MANAGEMENT, 900 NORTH MICHIGAN AVENUE, SUITE 1100, CHICAGO IL 60611
Umang Dua officer: CRO - Services C/O ANGI INC., 3601 WALNUT STREET, SUITE 700, DENVER CO 80205
Bryan Ellis officer: CRO - Ads and Leads C/O ANGI INC., 3601 WALNUT STREET, SUITE 700, DENVER CO 80205
Dhanusha Sivajee officer: CMO 600 EAST SECOND STREET, MUSCATINE IA 52761
Jeffrey W Pedersen officer: CFO C/O ANGI INC., 3601 WALNUT STREET, SUITE 700, DENVER CO 80205
Allison Lowrie officer: CMO C/O ANGI HOMESERVICES INC., 14023 DENVER WEST PARKWAY, BLDG 64, GOLDEN CO 80401
Kendall Handler director IAC/INTERACTIVECORP, 555 WEST 18TH STREET, NEW YORK NY 10011
Oisin Hanrahan officer: CPO ANGI HOMESERVICES INC., 3601 WALNUT STREET, DENVER CO 80205
Craig M. Smith officer: President & COO C/O ANGI HOMESERVICES INC., 14023 DENVER WEST PARKWAY, BLDG 64, GOLDEN CO 80401