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Tandem Diabetes Care (FRA:TD5A) Pretax Margin % : -15.91% (As of Dec. 2023)


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What is Tandem Diabetes Care Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Tandem Diabetes Care's Pre-Tax Income for the three months ended in Dec. 2023 was €-28.7 Mil. Tandem Diabetes Care's Revenue for the three months ended in Dec. 2023 was €180.5 Mil. Therefore, Tandem Diabetes Care's pretax margin for the quarter that ended in Dec. 2023 was -15.91%.

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

FRA:TD5A' s Pretax Margin % Range Over the Past 10 Years
Min: -159.79   Med: -48.06   Max: 2.26
Current: -29.46


FRA:TD5A's Pretax Margin % is ranked worse than
64.58% of 816 companies
in the Medical Devices & Instruments industry
Industry Median: 0.11 vs FRA:TD5A: -29.46

Tandem Diabetes Care Pretax Margin % Historical Data

The historical data trend for Tandem Diabetes Care'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.

Tandem Diabetes Care Pretax Margin % Chart

Tandem Diabetes Care 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 -6.79 -7.27 2.26 -11.59 -29.46

Tandem Diabetes Care Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -7.31 -72.96 -17.68 -16.55 -15.91

Competitive Comparison of Tandem Diabetes Care's Pretax Margin %

For the Medical Devices subindustry, Tandem Diabetes Care'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.


Tandem Diabetes Care's Pretax Margin % Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Tandem Diabetes Care's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Tandem Diabetes Care's Pretax Margin % falls into.



Tandem Diabetes Care 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.

Tandem Diabetes Care'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 )
=-201.973/685.657
=-29.46 %

Tandem Diabetes Care's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=-28.711/180.462
=-15.91 %

* 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.


Tandem Diabetes Care  (FRA:TD5A) 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.


Tandem Diabetes Care Pretax Margin % Related Terms

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Tandem Diabetes Care (FRA:TD5A) Business Description

Traded in Other Exchanges
Address
11075 Roselle Street, San Diego, CA, USA, 92121
Tandem Diabetes designs, manufactures, and markets durable insulin pumps for diabetes patients. The firm first entered this market in 2012 and has since introduced multiple generations of pumps leading to its current t:slim X2 device. Nearly three quarters of total revenue is derived from the U.S., with the remainder primarily from other developed nations. The pumps themselves generate just over half of total sales, and another one third is from disposable infusion sets that need to be changed over every 2 to 3 days.

Tandem Diabetes Care (FRA:TD5A) Headlines

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