Synthomer (LSE:SYNT) Pretax Margin % : -6.59% (As of Dec. 2023)

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What is Synthomer Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Synthomer's Pre-Tax Income for the six months ended in Dec. 2023 was £-59 Mil. Synthomer's Revenue for the six months ended in Dec. 2023 was £896 Mil. Therefore, Synthomer's pretax margin for the quarter that ended in Dec. 2023 was -6.59%.

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

LSE:SYNT' s Pretax Margin % Range Over the Past 10 Years
Min: -5.42 Med: 6.37 Max: 13.07
Current: -5.42

LSE:SYNT's Pretax Margin % is ranked worse than
85.13% of 1533 companies
in the Chemicals industry
Industry Median: 5.64 vs LSE:SYNT: -5.42

Synthomer Pretax Margin % Historical Data

The historical data trend for Synthomer'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.

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Synthomer Pretax Margin % Chart

Synthomer Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Pretax Margin %

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6.89

1.23

12.70

-1.47

-5.42

Synthomer Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Pretax Margin %	Get a 7-Day Free Trial															1.96	9.14	-13.27	-4.45	-6.59

Competitive Comparison of Synthomer's Pretax Margin %

For the Specialty Chemicals subindustry, Synthomer'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.

Synthomer's Pretax Margin % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Synthomer's Pretax Margin % distribution charts can be found below:

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

Synthomer 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.

Synthomer'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 )
	=	-106.8	/	1970.9
	=	-5.42 %

Synthomer'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 )
	=	-59	/	895.6
	=	-6.59 %

Synthomer (LSE:SYNT) 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.

Synthomer Pretax Margin % Related Terms

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Synthomer (LSE:SYNT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Synthomer PLC (LSE:SYNT) » Definitions » Pretax Margin %

Comparable Companies

Traded in Other Exchanges

SYYYF:USA SYNTl:UK 7YC2:Germany

Address

45 Pall Mall, London, GBR, SW1Y 5JG

Website

https://www.synthomer.com

Synthomer PLC is a specialty chemicals company. It supplies a variety of chemicals including latex and adhesives, which are used in a wide range of markets such as construction, coatings, textiles, paper, and healthcare. The company's products include styrene-butadiene rubber, which is used to make coated paper, packaging, bindings for carpet, foam mattresses, pillows and shoes; and nitrile butadiene latex used to make medical gloves and catheters, among others. The company organizes itself into five segments: performance elastomers, functional solutions, industrial specialties, adhesive Technologies and acrylate monomers. A vast majority of the company's revenue is generated by the performance elastomers and functional solutions segments combined.