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Insteel Industries (Insteel Industries) Pretax Margin % : 7.03% (As of Mar. 2024)


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What is Insteel Industries Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Insteel Industries's Pre-Tax Income for the three months ended in Mar. 2024 was $9.0 Mil. Insteel Industries's Revenue for the three months ended in Mar. 2024 was $127.4 Mil. Therefore, Insteel Industries's pretax margin for the quarter that ended in Mar. 2024 was 7.03%.

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

IIIN' s Pretax Margin % Range Over the Past 10 Years
Min: 1.64   Med: 8.08   Max: 19.56
Current: 5.47


IIIN's Pretax Margin % is ranked worse than
58.55% of 2972 companies
in the Industrial Products industry
Industry Median: 6.515 vs IIIN: 5.47

Insteel Industries Pretax Margin % Historical Data

The historical data trend for Insteel Industries'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.

Insteel Industries Pretax Margin % Chart

Insteel Industries Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.64 5.11 14.58 19.56 6.43

Insteel Industries 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 4.11 8.17 4.61 1.28 7.03

Competitive Comparison of Insteel Industries's Pretax Margin %

For the Metal Fabrication subindustry, Insteel Industries'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.


Insteel Industries's Pretax Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Insteel Industries's Pretax Margin % distribution charts can be found below:

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



Insteel Industries 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.

Insteel Industries's Pretax Margin for the fiscal year that ended in Sep. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Sep. 2023 )/Revenue (A: Sep. 2023 )
=41.755/649.188
=6.43 %

Insteel Industries'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 )
=8.95/127.394
=7.03 %

* 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.


Insteel Industries  (NYSE:IIIN) 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.


Insteel Industries Pretax Margin % Related Terms

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Insteel Industries (Insteel Industries) Business Description

Traded in Other Exchanges
Address
1373 Boggs Drive, Mount Airy, NC, USA, 27030
Insteel Industries Inc manufactures steel wire reinforcing products for concrete construction applications. It manufactures and markets PC strand and welded wire reinforcement, including ESM, concrete pipe reinforcement, and standard welded wire reinforcement. The company's products are sold primarily to manufacturers of concrete products that are used in nonresidential construction. Its concrete reinforcing products consist of two product lines: PC strand and WWR. Insteel generates its geographical revenue from the United States.
Executives
James F Petelle officer: Vice President 1373 BOGGS DRIVE, MOUNT AIRY NC 27030
Richard Wagner officer: Vice President 1373 BOGGS DRIVE, MOUNT AIRY NC 27030
Elizabeth Carroll Southern officer: Vice President-Administration 1373 BOGGS DRIVE, MOUNT AIRY NC 27030
Patrick K. Griffin officer: Controller and CAO 1373 BOGGS DRIVE, MOUNT AIRY NC 27030
Scot R Jafroodi officer: Chief Accounting Officer 1373 BOGGS DRIVE, MOUNT AIRY NC 27030
Woltz H O Iii director, officer: President and CEO 1373 BOGGS DR, MT AIRY NC 27030
James R. York officer: Senior Vice President 1373 BOGGS DRIVE, MOUNT AIRY NC 27030
Mark A Carano officer: Vice President and CFO 13024 BALLANTYNE CORPORATE PLACE, #700, CHARLOTTE NC 28277
Joseph A Rutkowski director 2100 REXFORD RD, CHARLOTTE NC 28211
Jon M Ruth director 1373 BOGGS DRIVE, MOUNT AIRY NC 27030
G Kennedy Thompson director 3000 HANOVER STREET, PALO ALTO CA 94304
Anne H Lloyd director
Michael C Gazmarian officer: Treasurer 1373 BOGGS DR, MT AIRY NC 27030
Charles B Newsome director 1373 BOGGS DR, MT AIRY NC 27030
Rogers W Allen Ii director 1373 BOGGS DR, MT AIRY NC 27030

Insteel Industries (Insteel Industries) Headlines