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Martinrea International (Martinrea International) Pretax Margin % : 0.53% (As of Dec. 2023)


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What is Martinrea International Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Martinrea International's Pre-Tax Income for the three months ended in Dec. 2023 was $5 Mil. Martinrea International's Revenue for the three months ended in Dec. 2023 was $966 Mil. Therefore, Martinrea International's pretax margin for the quarter that ended in Dec. 2023 was 0.53%.

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

MRETF' s Pretax Margin % Range Over the Past 10 Years
Min: -0.45   Med: 3.66   Max: 6.74
Current: 3.69


MRETF's Pretax Margin % is ranked worse than
54.67% of 1284 companies
in the Vehicles & Parts industry
Industry Median: 4.475 vs MRETF: 3.69

Martinrea International Pretax Margin % Historical Data

The historical data trend for Martinrea International'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.

Martinrea International Pretax Margin % Chart

Martinrea International 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 5.82 -0.45 1.25 3.66 3.69

Martinrea International 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 4.30 4.62 4.52 4.96 0.53

Competitive Comparison of Martinrea International's Pretax Margin %

For the Auto Parts subindustry, Martinrea International'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.


Martinrea International's Pretax Margin % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Martinrea International's Pretax Margin % distribution charts can be found below:

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



Martinrea International 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.

Martinrea International'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 )
=146.957/3980.324
=3.69 %

Martinrea International'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 )
=5.158/966.101
=0.53 %

* 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.


Martinrea International  (OTCPK:MRETF) 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.


Martinrea International Pretax Margin % Related Terms

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Martinrea International (Martinrea International) Business Description

Traded in Other Exchanges
Address
3210 Langstaff Road, Vaughan, ON, CAN, L4K 5B2
Martinrea International Inc is a diversified and global automotive supplier engaged in the design, development and manufacturing of highly engineered, value-added Lightweight Structures and Propulsion Systems. Its products are used primarily in the automotive sector by the majority of vehicle manufacturers. Martinrea manufactures aluminum engine blocks, specialized products, suspensions, chassis modules and components, and fluid management systems for fuel, power steering and brake fluids. The company also provides metal forming and welding solutions. The largest end market for Martinrea's products in North America.