The historical rank and industry rank for Eagle Bulk Shipping's Pretax Margin % or its related term are showing as below:
EGLE'
s Pretax Margin % Range Over the Past 10 Years
Min: -179.55 Med: -10.08 Max: 34.45
Current: 5.77
EGLE's Pretax Margin % is not ranked
in the Transportation industry.
Industry Median: 7.11
vs EGLE: 5.77
Eagle Bulk Shipping Pretax Margin % Historical Data
The historical data trend for Eagle Bulk Shipping'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.
Competitive Comparison of Eagle Bulk Shipping's Pretax Margin %
For the Marine Shipping subindustry, Eagle Bulk Shipping'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.
Eagle Bulk Shipping's Pretax Margin % Distribution in the Transportation Industry
For the Transportation industry and Industrials sector, Eagle Bulk Shipping's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Eagle Bulk Shipping's Pretax Margin % falls into.
Eagle Bulk Shipping 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.
Eagle Bulk Shipping's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
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.
Eagle Bulk Shipping Pretax Margin % Related Terms
Thank you for viewing the detailed overview of Eagle Bulk Shipping's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Eagle Bulk Shipping (Eagle Bulk Shipping) Business Description
Eagle Bulk Shipping Inc is a U.S.-based, fully integrated shipowner-operator, providing global transportation solutions to miners, producers, traders and end users. The company is engaged in the ocean transportation of drybulk cargoes worldwide through the ownership, charter and operation of drybulk vessels. The company focuses on the versatile midsize drybulk vessel segment. The Company's fleet is comprised of Supramax and Ultramax drybulk carriers.
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