The historical rank and industry rank for BioXcel Therapeutics's Pretax Margin % or its related term are showing as below:
BTAI'
s Pretax Margin % Range Over the Past 10 Years
Min: -44201.87 Med: -28588.37 Max: -8715.72
Current: -8715.72
BTAI's Pretax Margin % is ranked worse than 89.69% of 1028
companies
in the Biotechnology industry
Industry Median: -155.495
vs BTAI: -8715.72
BioXcel Therapeutics Pretax Margin % Historical Data
The historical data trend for BioXcel Therapeutics'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 BioXcel Therapeutics's Pretax Margin %
For the Biotechnology subindustry, BioXcel Therapeutics'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.
BioXcel Therapeutics's Pretax Margin % Distribution in the Biotechnology Industry
For the Biotechnology industry and Healthcare sector, BioXcel Therapeutics's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where BioXcel Therapeutics's Pretax Margin % falls into.
BioXcel Therapeutics 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.
BioXcel Therapeutics'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.
BioXcel Therapeutics Pretax Margin % Related Terms
Thank you for viewing the detailed overview of BioXcel Therapeutics's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
BioXcel Therapeutics (BioXcel Therapeutics) Business Description
BioXcel Therapeutics Inc is a clinical-stage biopharmaceutical company. It is focused on drug development utilizing novel artificial intelligence (AI) to identify the next wave of medicines across neuroscience and immuno-oncology. The pipeline products of the company are BXCL501 and BXCL701. The company's commercial product, IGALMI (developed as BXCL501) is a proprietary, sublingual film formulation of dexmedetomidine approved by the FDA for the acute treatment of agitation associated with schizophrenia or bipolar I or II disorder in adults.
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