Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Beyond Meat's Pre-Tax Income for the
three
months ended in Dec. 2023 was CHF-134.1 Mil. Beyond Meat's Revenue for the
three
months ended in Dec. 2023 was CHF63.7 Mil. Therefore, Beyond Meat's pretax margin for the quarter that ended in Dec. 2023 was -210.47%.
The historical rank and industry rank for Beyond Meat's Pretax Margin % or its related term are showing as below:
XSWX:0Q3'
s Pretax Margin % Range Over the Past 10 Years
Min: -155.39 Med: -60.7 Max: -4.17
Current: -97.34
XSWX:0Q3's Pretax Margin % is ranked worse than 95.04% of 1855
companies
in the Consumer Packaged Goods industry
Industry Median: 4.24
vs XSWX:0Q3: -97.34
Beyond Meat Pretax Margin % Historical Data
The historical data trend for Beyond Meat'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.
Competitive Comparison of Beyond Meat's Pretax Margin %
For the Packaged Foods subindustry, Beyond Meat'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.
Beyond Meat's Pretax Margin % Distribution in the Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Beyond Meat's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Beyond Meat's Pretax Margin % falls into.
Beyond Meat 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.
Beyond Meat's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
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.
Beyond Meat Pretax Margin % Related Terms
Thank you for viewing the detailed overview of Beyond Meat's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Beyond Meat Inc is a provider of plant-based meats, such as burgers, sausage, ground beef, and chicken. Unlike other vegetarian products, Beyond Meat seeks to replicate the look, cook, and taste of meat targeted to omnivores and vegetarians alike and is sold in the meat case. The products are widely available across the U.S. and Canada and in 83 additional countries as well. International revenue represented 31% of 2021 sales. The firm's products are available in retail stores and the food service channel. In 2019, before the pandemic struck, sales were evenly split between these two channels, although the mix stood at 70% retail/30% food service in 2021. We think the recovery from the crisis and new deals with McDonald's and Yum Brands will return food-service sales to 50% in time.
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