Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. BILL Holdings's Pre-Tax Income for the
three
months ended in Mar. 2024 was $32 Mil. BILL Holdings's Revenue for the
three
months ended in Mar. 2024 was $323 Mil. Therefore, BILL Holdings's pretax margin for the quarter that ended in Mar. 2024 was 9.96%.
The historical rank and industry rank for BILL Holdings's Pretax Margin % or its related term are showing as below:
BILL'
s Pretax Margin % Range Over the Past 10 Years
Min: -58.48 Med: -20.38 Max: -3.95
Current: -3.95
BILL's Pretax Margin % is ranked worse than 61.12% of 2762
companies
in the Software industry
Industry Median: 2.17
vs BILL: -3.95
BILL Holdings Pretax Margin % Historical Data
The historical data trend for BILL Holdings'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 BILL Holdings's Pretax Margin %
For the Software - Application subindustry, BILL Holdings'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.
BILL Holdings's Pretax Margin % Distribution in the Software Industry
For the Software industry and Technology sector, BILL Holdings's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where BILL Holdings's Pretax Margin % falls into.
BILL Holdings 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.
BILL Holdings's Pretax Margin for the fiscal year that ended in Jun. 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.
BILL Holdings (NYSE:BILL) 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.
BILL Holdings Pretax Margin % Related Terms
Thank you for viewing the detailed overview of BILL Holdings's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
BILL Holdings (BILL Holdings) Business Description
BILL Holdings Inc is a provider of software-as-a-service, cloud-based payments and spend and expense management products, which allow users to automate accounts payable and accounts receivable transactions, enable businesses to easily connect with their suppliers or customers to do business, eliminate expense reports, manage cash flows and improve back office efficiency. Initial Public Offering and Follow-on Offering.
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