World Acceptance (MEX:WRLD) Pretax Margin %

: 4.82% (As of Dec. 2022)

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Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. World Acceptance's Pre-Tax Income for the three months ended in Dec. 2022 was MXN124 Mil. World Acceptance's Revenue for the three months ended in Dec. 2022 was MXN2,582 Mil. Therefore, World Acceptance's pretax margin for the quarter that ended in Dec. 2022 was 4.82%.

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

MEX:WRLD' s Pretax Margin % Range Over the Past 10 Years
Min: 4.8 Med: 22.43 Max: 30.44
Current: 4.8

MEX:WRLD's Pretax Margin % is ranked worse than
67.88% of 523 companies
in the Credit Services industry
Industry Median: 20.96 vs MEX:WRLD: 4.80

World Acceptance Pretax Margin % Historical Data

The historical data trend for World Acceptance'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.

World Acceptance Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Pretax Margin %

17.07

6.19

22.29

11.95

4.80

World Acceptance Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Pretax Margin %																14.97	-8.37	-1.17	4.82	23.30

World Acceptance 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.

World Acceptance's Pretax Margin for the fiscal year that ended in Mar. 2022 is calculated as

Pretax Margin	=	Pre-Tax Income (A: Mar. 2022 )	/	Revenue (A: Mar. 2022 )
	=	1305.743	/	10930.402
	=	11.95 %

World Acceptance's Pretax Margin for the quarter that ended in Dec. 2022 is calculated as

Pretax Margin	=	Pre-Tax Income (Q: Dec. 2022 )	/	Revenue (Q: Dec. 2022 )
	=	124.345	/	2581.777
	=	4.82 %

World Acceptance (MEX:WRLD) 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.

World Acceptance Pretax Margin % Related Terms

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World Acceptance (MEX:WRLD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » World Acceptance Corp (MEX:WRLD) » Definitions » Pretax Margin %

Comparable Companies

Traded in Other Exchanges

WRLD:USA WOA:Germany

Address

104 S. Main Street, Greenville, SC, USA, 29601

Website

https://www.loansbyworld.com

World Acceptance Corp operates a small-loan consumer finance business. The company offers short-term small installment loans, medium-term larger installment loans, related credit insurance and ancillary products and services to individuals. It also offers income tax return preparation services to its loan customers and other individuals.