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ATS (TSX:ATS) Pretax Margin % : 9.18% (As of Sep. 2023)


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What is ATS Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. ATS's Pre-Tax Income for the three months ended in Sep. 2023 was C$68 Mil. ATS's Revenue for the three months ended in Sep. 2023 was C$736 Mil. Therefore, ATS's pretax margin for the quarter that ended in Sep. 2023 was 9.18%.

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

TSX:ATS' s Pretax Margin % Range Over the Past 10 Years
Min: 4.59   Med: 5.72   Max: 8.49
Current: 6.94


TSX:ATS's Pretax Margin % is ranked better than
52.36% of 2972 companies
in the Industrial Products industry
Industry Median: 6.5 vs TSX:ATS: 6.94

ATS Pretax Margin % Historical Data

The historical data trend for ATS'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.

ATS Pretax Margin % Chart

ATS 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 7.49 4.72 5.56 7.07 6.20

ATS Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 6.73 5.61 4.52 8.24 9.18

Competitive Comparison of ATS's Pretax Margin %

For the Specialty Industrial Machinery subindustry, ATS'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.


ATS's Pretax Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, ATS's Pretax Margin % distribution charts can be found below:

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



ATS 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.

ATS'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 )
=159.771/2577.384
=6.20 %

ATS's Pretax Margin for the quarter that ended in Sep. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Sep. 2023 )/Revenue (Q: Sep. 2023 )
=67.561/735.716
=9.18 %

* 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.


ATS  (TSX:ATS) 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.


ATS Pretax Margin % Related Terms

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ATS (TSX:ATS) Business Description

Traded in Other Exchanges
Address
730 Fountain Street North, Building 2, Cambridge, ON, CAN, N3H 4R7
ATS Corp is a Canada-based company that provides automation systems. The company designs and builds customized automated manufacturing and testing systems for customers, and provides pre- and post-automation services. The company's products comprise conveyor systems, automated electrified monorails, tray handlers, laser systems, and other hardware and software products. The company also provides pre-automation solutions, including strategic direction and planning services, as well as aftermarket support. The company's clients come from the life sciences, food and beverage transportation, consumer products and electronics, and energy sectors. The company generates the majority of its sales from the North American and European markets.
Executives
Heinrich Sielemann Senior Officer
Ryan Mcleod Senior Officer