The historical rank and industry rank for Intuitive Surgical's Pretax Margin % or its related term are showing as below:
ISRG'
s Pretax Margin % Range Over the Past 10 Years
Min: 25.75 Med: 32.46 Max: 36.4
Current: 28.36
ISRG's Pretax Margin % is ranked better than 91.66% of 815
companies
in the Medical Devices & Instruments industry
Industry Median: 0.05
vs ISRG: 28.36
Intuitive Surgical Pretax Margin % Historical Data
The historical data trend for Intuitive Surgical'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 Intuitive Surgical's Pretax Margin %
For the Medical Instruments & Supplies subindustry, Intuitive Surgical'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.
Intuitive Surgical's Pretax Margin % Distribution in the Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Intuitive Surgical's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Intuitive Surgical's Pretax Margin % falls into.
Intuitive Surgical 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.
Intuitive Surgical'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.
Intuitive Surgical Pretax Margin % Related Terms
Thank you for viewing the detailed overview of Intuitive Surgical's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Intuitive Surgical (Intuitive Surgical) Business Description
Intuitive Surgical develops, produces, and markets a robotic system for assisting minimally invasive surgery. It also provides the instrumentation, disposable accessories, and warranty services for the system. The company has placed more than 8,000 da Vinci systems in hospitals worldwide, with nearly 5,000 installations in the U.S. and a growing number in emerging markets.
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