GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Tobacco Products » Vector Group Ltd (NYSE:VGR) » Definitions » Pretax Margin %

Vector Group (Vector Group) Pretax Margin % : 20.50% (As of Dec. 2023)


View and export this data going back to 1991. Start your Free Trial

What is Vector Group Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Vector Group's Pre-Tax Income for the three months ended in Dec. 2023 was $74 Mil. Vector Group's Revenue for the three months ended in Dec. 2023 was $360 Mil. Therefore, Vector Group's pretax margin for the quarter that ended in Dec. 2023 was 20.50%.

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

VGR' s Pretax Margin % Range Over the Past 10 Years
Min: 4.25   Med: 9.33   Max: 17.44
Current: 17.44


VGR's Pretax Margin % is ranked better than
65.38% of 52 companies
in the Tobacco Products industry
Industry Median: 8.28 vs VGR: 17.44

Vector Group Pretax Margin % Historical Data

The historical data trend for Vector Group'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.

Vector Group Pretax Margin % Chart

Vector Group 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 11.17 14.73 17.20 15.31 17.44

Vector Group 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 18.77 14.44 14.54 20.09 20.50

Competitive Comparison of Vector Group's Pretax Margin %

For the Tobacco subindustry, Vector Group'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.


Vector Group's Pretax Margin % Distribution in the Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, Vector Group's Pretax Margin % distribution charts can be found below:

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



Vector Group 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.

Vector Group'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 )
=248.452/1424.268
=17.44 %

Vector Group'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 )
=73.865/360.35
=20.50 %

* 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.


Vector Group  (NYSE:VGR) 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.


Vector Group Pretax Margin % Related Terms

Thank you for viewing the detailed overview of Vector Group's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Vector Group (Vector Group) Business Description

Traded in Other Exchanges
Address
4400 Biscayne Boulevard, 10th Floor, Miami, FL, USA, 33137
Vector Group Ltd is a holding company whose subsidiaries--Liggett Group, Vector Tobacco, and New Valley-- primarily sell tobacco products and invest in real estate. The Liggett Group and Vector Tobacco subsidiaries sell cigarettes, primarily in the discount segment, in the United States under brand names Eagle 20's, Pyramid, Grand Prix, Liggett Select, and Eve. New Valley, through its majority ownership in Douglas Elliman Realty, invests in real estate worldwide. It also operates the largest residential brokerage company in the New York City area and has additional operations in South Florida, Beverly Hills, Aspen, and Connecticut. Tobacco accounts for more than half of total company revenue; real estate makes up the remainder.
Executives
Bennett S Lebow director 4400 BISCAYNE BLVD, 10TH FLOOR, MIAMI FL 33137
Kirkland J Bryant Iii officer: VP, Treasurer & CFO 4400 BISCAYNE BLVD, 10TH FLOOR, MIAMI FL 33137
Richard Lampen officer: EVP 4400 BISCAYNE BLVD.; 10TH FLOOR, MIAMI FL 33137
Ronald J Bernstein director, officer: President Subsidiary 4400 BISCAYNE BLVD, 10TH FLOOR, MIAMI FL 33137
Paul V Carlucci director 4400 BISCAYNE BLVD, C/O VECTOR GROUP LTD., MIAMI FL 33137
Wilson White director C/O VECTOR GROUP LTD, 4400 BISCAYNE BLVD; 10TH FLOOR, MIAMI FL 33137
James D Ballard officer: See Remarks 4400 BISCAYNE BLVD., TENTH FLOOR, MIAMI FL 33137
Nicholas P Anson officer: President Subsidiary C/0 LIGGETT VECTOR BRANDS LLC, 3800 PARAMOUNT PARKWAY, MORRISVILLE NC 27560
Frost Phillip Md Et Al 10 percent owner 4400 BISCAYNE BLVD, MIAMI FL 33137-3227
Howard M Lorber director, officer: President and CEO 4400 BISCAYNE BLVD, 10TH FLOOR, MIAMI FL 33137
Barry Watkins director 4400 BISCAYNE BLVD, C/O VECTOR GROUP LTD., MIAMI FL 33137
Jeffrey Podell director 7338 FLORANADA WAY, DELRAY BEACH FL 33446
Henry C Beinstein director 8 DOGWOOD LANE, LARCHMONT NY 10538-3418
Stanley Samuel Arkin director 750 LEXINGTON AVENUE, FLOOR 25, NEW YORK NY 10022
Jean E Sharpe director

Vector Group (Vector Group) Headlines

From GuruFocus

Vector Group to Host First Quarter 2023 Results Conference Call

By Business Wire Business Wire 05-02-2023

Vector Group to Host First Quarter 2022 Results Conference Call

By Business Wire Business Wire 05-03-2022

Vector Group to Host Second Quarter 2022 Results Conference Call

By Business Wire Business Wire 07-29-2022

Douglas Elliman Announces Strategic Investment in Bilt Rewards

By PRNewswire PRNewswire 09-21-2021

Vector Group to Host Third Quarter 2022 Results Conference Call

By Business Wire Business Wire 10-26-2022

Vector Group Declares Quarterly Cash Dividend

By Business Wire Business Wire 08-22-2022

Vector Group to Host Third Quarter 2021 Results Conference Call

By Business Wire Business Wire 11-01-2021