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Canon Electronics (TSE:7739) Pretax Margin % : 11.12% (As of Mar. 2024)


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What is Canon Electronics Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Canon Electronics's Pre-Tax Income for the three months ended in Mar. 2024 was 円2,496 Mil. Canon Electronics's Revenue for the three months ended in Mar. 2024 was 円22,450 Mil. Therefore, Canon Electronics's pretax margin for the quarter that ended in Mar. 2024 was 11.12%.

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

TSE:7739' s Pretax Margin % Range Over the Past 10 Years
Min: 7.31   Med: 9.45   Max: 11.87
Current: 10.28


TSE:7739's Pretax Margin % is ranked better than
74.48% of 2465 companies
in the Hardware industry
Industry Median: 3.38 vs TSE:7739: 10.28

Canon Electronics Pretax Margin % Historical Data

The historical data trend for Canon Electronics'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.

Canon Electronics Pretax Margin % Chart

Canon Electronics 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 8.93 7.31 8.56 9.20 9.37

Canon Electronics Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 7.48 8.09 9.68 12.17 11.12

Competitive Comparison of Canon Electronics's Pretax Margin %

For the Computer Hardware subindustry, Canon Electronics'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.


Canon Electronics's Pretax Margin % Distribution in the Hardware Industry

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

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



Canon Electronics 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.

Canon Electronics'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 )
=9024/96321
=9.37 %

Canon Electronics's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=2496/22450
=11.12 %

* 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.


Canon Electronics  (TSE:7739) 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.


Canon Electronics Pretax Margin % Related Terms

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Canon Electronics (TSE:7739) Business Description

Traded in Other Exchanges
Address
1248 Shimokagemori, Chichibu-shi, Saitama, JPN, 369-1892
Canon Electronics Inc is a Japanese company engaged in the development, production, and sales of precision machines and instruments, electric and electronic machines and instruments; information devices; software for computers and communications devices. The company mainly manufactures various scanners such as document scanners, network scanner, and check scanner.

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