The historical rank and industry rank for Loop Industries's Pretax Margin % or its related term are showing as below:
FRA:3L9'
s Pretax Margin % Range Over the Past 10 Years
Min: -13846.05 Med: -13034.14 Max: -12312.72
Current: -13846.05
FRA:3L9's Pretax Margin % is ranked worse than 99.54% of 1526
companies
in the Chemicals industry
Industry Median: 5.525
vs FRA:3L9: -13846.05
Loop Industries Pretax Margin % Historical Data
The historical data trend for Loop Industries'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 Loop Industries's Pretax Margin %
For the Specialty Chemicals subindustry, Loop Industries'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.
Loop Industries's Pretax Margin % Distribution in the Chemicals Industry
For the Chemicals industry and Basic Materials sector, Loop Industries's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Loop Industries's Pretax Margin % falls into.
Loop Industries 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.
Loop Industries's Pretax Margin for the fiscal year that ended in Feb. 2024 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.
Loop Industries Pretax Margin % Related Terms
Thank you for viewing the detailed overview of Loop Industries's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Loop Industries Inc is a technology and licensing company whose mission is to accelerate the world's shift toward sustainable plastic and away from dependence on fossil fuels. The company owns patented and proprietary technology that depolymerizes no and low value waste PET plastic and polyester fiber, including plastic bottles and packaging, carpet and polyester textile of any color, transparency or condition and even ocean plastics that have been degraded by the sun and salt, to its base building blocks (monomers). Its monomers are filtered, purified and repolymerized to create virgin-quality Loop branded PET plastic resin and polyester fiber suitable for use in food-grade packaging to be sold to consumer goods companies to help them meet their sustainability objectives.
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