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Seneca Foods (Seneca Foods) Pretax Margin % : 5.22% (As of Dec. 2023)


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What is Seneca Foods Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Seneca Foods's Pre-Tax Income for the three months ended in Dec. 2023 was $23 Mil. Seneca Foods's Revenue for the three months ended in Dec. 2023 was $444 Mil. Therefore, Seneca Foods's pretax margin for the quarter that ended in Dec. 2023 was 5.22%.

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

SENEL' s Pretax Margin % Range Over the Past 10 Years
Min: -4.11   Med: 1.66   Max: 10.9
Current: 3.01


SENEL's Pretax Margin % is ranked worse than
56.11% of 1857 companies
in the Consumer Packaged Goods industry
Industry Median: 4.23 vs SENEL: 3.01

Seneca Foods Pretax Margin % Historical Data

The historical data trend for Seneca Foods'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.

Seneca Foods Pretax Margin % Chart

Seneca Foods Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4.11 4.91 10.90 4.32 0.91

Seneca Foods 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 5.82 -12.53 10.13 7.99 5.22

Competitive Comparison of Seneca Foods's Pretax Margin %

For the Packaged Foods subindustry, Seneca Foods'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.


Seneca Foods's Pretax Margin % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Seneca Foods's Pretax Margin % distribution charts can be found below:

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



Seneca Foods 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.

Seneca Foods's Pretax Margin for the fiscal year that ended in Mar. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Mar. 2023 )/Revenue (A: Mar. 2023 )
=13.793/1509.352
=0.91 %

Seneca Foods'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 )
=23.199/444.481
=5.22 %

* 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.


Seneca Foods  (OTCPK:SENEL) 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.


Seneca Foods Pretax Margin % Related Terms

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Seneca Foods (Seneca Foods) Business Description

Traded in Other Exchanges
Address
350 WillowBrook Office Park, Fairport, NY, USA, 14480
Seneca Foods Corp is a US-based company which acts as a provider of packaged fruits and vegetables. Its product offerings include canned, frozen and bottled produce and snack chips. The company's segment includes fruits and vegetables, prepared food products, and snack products. It generates maximum revenue from Canned vegetables followed by Frozen vegetables.

Seneca Foods (Seneca Foods) Headlines