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ToughBuilt Industries (ToughBuilt Industries) Net Margin % : -69.07% (As of Sep. 2023)


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What is ToughBuilt Industries Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. ToughBuilt Industries's Net Income for the three months ended in Sep. 2023 was $-14.25 Mil. ToughBuilt Industries's Revenue for the three months ended in Sep. 2023 was $20.63 Mil. Therefore, ToughBuilt Industries's net margin for the quarter that ended in Sep. 2023 was -69.07%.

The historical rank and industry rank for ToughBuilt Industries's Net Margin % or its related term are showing as below:

TBLT' s Net Margin % Range Over the Past 10 Years
Min: -180.86   Med: -44   Max: -22.53
Current: -57.25


TBLT's Net Margin % is ranked worse than
94.11% of 2973 companies
in the Industrial Products industry
Industry Median: 5.11 vs TBLT: -57.25

ToughBuilt Industries Net Margin % Historical Data

The historical data trend for ToughBuilt Industries's Net 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.

ToughBuilt Industries Net Margin % Chart

ToughBuilt Industries Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Net Margin %
Get a 7-Day Free Trial -180.86 -22.53 -44.00 -53.59 -41.25

ToughBuilt Industries Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Net 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 26.47 -77.13 -40.94 -30.32 -69.07

Competitive Comparison of ToughBuilt Industries's Net Margin %

For the Tools & Accessories subindustry, ToughBuilt Industries's Net Margin %, along with its competitors' market caps and Net 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.


ToughBuilt Industries's Net Margin % Distribution in the Industrial Products Industry

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

* The bar in red indicates where ToughBuilt Industries's Net Margin % falls into.



ToughBuilt Industries Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

ToughBuilt Industries's Net Margin for the fiscal year that ended in Dec. 2022 is calculated as

Net Margin=Net Income (A: Dec. 2022 )/Revenue (A: Dec. 2022 )
=-39.295/95.254
=-41.25 %

ToughBuilt Industries's Net Margin for the quarter that ended in Sep. 2023 is calculated as

Net Margin=Net Income (Q: Sep. 2023 )/Revenue (Q: Sep. 2023 )
=-14.249/20.63
=-69.07 %

* 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.


ToughBuilt Industries  (NAS:TBLT) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


ToughBuilt Industries Net Margin % Related Terms

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


ToughBuilt Industries (ToughBuilt Industries) Business Description

Traded in Other Exchanges
Address
8669 Research Drive, Irvine, CA, USA, 92618
ToughBuilt Industries Inc designs and distributes home improvement and construction product lines under the brand name TOUGHBUILT. Its major categories contain a total of approximately 11 product lines, consisting of Soft Goods, which includes kneepads, tool bags, pouches and tool belts; Metal Goods, which consists of sawhorses, tool stands and workbench and; Utility Products, which includes utility knives, aviation snips, shears, lasers and levels. Geographically, the group derives revenue from Canada, Europe, USA, and other countries, of which prime revenue is derived from the USA.
Executives
Michael Panosian director, 10 percent owner, officer: CEO 25371 COMMERCENTER DRIVE. SUITE 200, LAKE FOREST CA 92630
William Placke director 25371 COMMERCENTRE DRIVE, SUITE 200, LAKE FOREST CA 92630
Martin Galstyan officer: Chief Financial Officer 6339 HARMAN DRIVE, TUJUNGA CA 91042
Linda M. Moossaian director 3769 EL LADO DRIVE, GLENDALE CA 91208
Joshua Keeler director 655 NORTH CENTRAL AVE, 1727, GLENDALE CA 91203
Titan Advisors, Llc 10 percent owner 750 WASHINGTON BLVD., FLOOR 10, STAMFORD CT 06901
Hspl Holdings, Llc 10 percent owner 750 WASHINGTON BLVD., 10TH FLOOR, STAMFORD CT 06901
Frederick D. Furry director 18372 OXBORO LANE, HUNTINGTON BEACH CA 92648
Paul M. Galvin director C/O SG BLOCKS, INC., 400 MADISON AVENUE, SUITE 16C, NEW YORK NY 10017
Manu Ohri director, officer: CFO 2355 MAIN STREET, SUITE 120, IRVINE CA 92614
Robert K Faught director 70 PLANTATION DR #189, HILTON HEAD SC 29928
John R Keeler director, officer: Chief Design Officer 3000 NW 109TH AVE, MIAMI FL 33172
Zareh Khachatoorian director 25371 COMMERCENTRE DRIVE, SUITE 200, LAKE FOREST CA 92630