Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. APi Group's Pre-Tax Income for the
three
months ended in Mar. 2024 was $63 Mil. APi Group's Revenue for the
three
months ended in Mar. 2024 was $1,601 Mil. Therefore, APi Group's pretax margin for the quarter that ended in Mar. 2024 was 3.94%.
The historical rank and industry rank for APi Group's Pretax Margin % or its related term are showing as below:
APG'
s Pretax Margin % Range Over the Past 10 Years
Min: -928.28 Med: 1.72 Max: 3.94
Current: 3.72
APG's Pretax Margin % is ranked worse than 54.85% of 1648
companies
in the Construction industry
Industry Median: 4.51
vs APG: 3.72
APi Group Pretax Margin % Historical Data
The historical data trend for APi 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.
Competitive Comparison of APi Group's Pretax Margin %
For the Engineering & Construction subindustry, APi 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.
APi Group's Pretax Margin % Distribution in the Construction Industry
For the Construction industry and Industrials sector, APi Group's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where APi Group's Pretax Margin % falls into.
APi 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.
APi Group'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.
APi Group (NYSE:APG) 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.
APi Group Pretax Margin % Related Terms
Thank you for viewing the detailed overview of APi Group's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
APi Group Corp operates in two operating segments, 1) Safety Services segment includes providing safety services in North America, Asia Pacific, and Europe, focusing on end-to-end integrated occupancy systems (fire protection solutions, Heating, Ventilation, and Air Conditioning and entry systems), including design, installation, inspection, and service of these integrated systems. These services are provided in commercial, education, healthcare, high tech, industrial, and special-hazard settings. 2) Specialty Services segment includes providing a variety of infrastructure services and specialized industrial plant services, which include maintenance and repair of critical infrastructure such as underground electric, gas, water, sewer, and telecommunications infrastructure.
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