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Optical Cable (Optical Cable) Pretax Margin % : -9.55% (As of Jan. 2024)


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What is Optical Cable Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Optical Cable's Pre-Tax Income for the three months ended in Jan. 2024 was $-1.42 Mil. Optical Cable's Revenue for the three months ended in Jan. 2024 was $14.86 Mil. Therefore, Optical Cable's pretax margin for the quarter that ended in Jan. 2024 was -9.55%.

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

OCC' s Pretax Margin % Range Over the Past 10 Years
Min: -11.04   Med: -1.6   Max: 11.15
Current: -0.07


OCC's Pretax Margin % is ranked worse than
66.06% of 2463 companies
in the Hardware industry
Industry Median: 3.59 vs OCC: -0.07

Optical Cable Pretax Margin % Historical Data

The historical data trend for Optical Cable'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.

Optical Cable Pretax Margin % Chart

Optical Cable Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -7.96 -11.04 11.15 -0.47 3.06

Optical Cable Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 4.61 12.73 0.59 -7.09 -9.55

Competitive Comparison of Optical Cable's Pretax Margin %

For the Communication Equipment subindustry, Optical Cable'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.


Optical Cable's Pretax Margin % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Optical Cable's Pretax Margin % distribution charts can be found below:

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



Optical Cable 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.

Optical Cable's Pretax Margin for the fiscal year that ended in Oct. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Oct. 2023 )/Revenue (A: Oct. 2023 )
=2.212/72.174
=3.06 %

Optical Cable's Pretax Margin for the quarter that ended in Jan. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Jan. 2024 )/Revenue (Q: Jan. 2024 )
=-1.418/14.855
=-9.55 %

* 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.


Optical Cable  (NAS:OCC) 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.


Optical Cable Pretax Margin % Related Terms

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Optical Cable (Optical Cable) Business Description

Traded in Other Exchanges
Address
5290 Concourse Drive, Roanoke, VA, USA, 24019
Optical Cable Corp manufactures tight-buffered fiber optic & copper data communication cables, data communication connectivity solutions for enterprise markets, and customized solutions for specialty use & harsh environments. Its products and services include designs and customized products for specialty applications and harsh environments, cabling, connectors, patch cords, assemblies, racks, cabinets, datacom enclosures, patch panels, faceplates, and multi-media boxes. The company supplies its products and services to industries such as the military, industrial, mining, petrochemical, broadcast, oil & gas, and others.
Executives
Randall H Frazier director
Wilkin Neil D Jr director, officer: President and CFO
Williamson John B Iii director PO BOX 13007, ROANOKE VA 24030
Nygren John A Jr director 567 SEAFORD LANE, MATHEWS VA 23109
Craig H Weber director
William Russell Reynolds officer: SR VP OF SALES 106 DISTANT VIEW DRIVE, ASHEVILLE NC 28803
Tracy G Smith officer: Chief Financial Officer
Luke J Huybrechts director, officer: SVP Sales
Charles W Carson officer: SVP Marketing & Strategy
Ted W Leonard officer: VP Sales - USA
John M Holland director