Ascent Industries Co (FRA:SY4) Pretax Margin % : -11.92% (As of Mar. 2024)

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What is Ascent Industries Co Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Ascent Industries Co's Pre-Tax Income for the three months ended in Mar. 2024 was €-4.8 Mil. Ascent Industries Co's Revenue for the three months ended in Mar. 2024 was €40.6 Mil. Therefore, Ascent Industries Co's pretax margin for the quarter that ended in Mar. 2024 was -11.92%.

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

FRA:SY4' s Pretax Margin % Range Over the Past 10 Years
Min: -25.84 Med: -0.25 Max: 9.02
Current: -25.84

FRA:SY4's Pretax Margin % is ranked worse than
94.67% of 600 companies
in the Steel industry
Industry Median: 3.535 vs FRA:SY4: -25.84

Ascent Industries Co Pretax Margin % Historical Data

The historical data trend for Ascent Industries Co'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.

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Ascent Industries Co Pretax Margin % Chart

Ascent Industries Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Pretax Margin %

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-1.23

-12.49

7.62

4.58

-21.26

Ascent Industries Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Pretax Margin %	Get a 7-Day Free Trial															-13.48	-7.66	-24.47	-225.57	-11.92

Competitive Comparison of Ascent Industries Co's Pretax Margin %

For the Steel subindustry, Ascent Industries Co'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.

Ascent Industries Co's Pretax Margin % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Ascent Industries Co's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Ascent Industries Co's Pretax Margin % falls into.

Ascent Industries Co 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.

Ascent Industries Co's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Margin	=	Pre-Tax Income (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	-37.666	/	177.145
	=	-21.26 %

Ascent Industries Co's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin	=	Pre-Tax Income (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	-4.839	/	40.581
	=	-11.92 %

Ascent Industries Co (FRA:SY4) 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.

Ascent Industries Co Pretax Margin % Related Terms

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Ascent Industries Co (FRA:SY4) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Ascent Industries Co (FRA:SY4) » Definitions » Pretax Margin %

Comparable Companies

Traded in Other Exchanges

ACNT:USA

Address

1400 16th Street, Suite 270, Oak Brook, IL, USA, 60523

Website

https://www.ascentco.com

Ascent Industries Co is engaged in the chemical and metal industry. The group operates into two reportable segments namely the Ascent Tubular Products and the Specialty Chemicals Segment. The Tubular Products segment serves markets through pipe and tube and customers in the appliance, architectural, automotive and commercial transportation, brewery, chemical, petrochemical and other industries. The Specialty Chemicals segment produces specialty products for the pulp and paper, coatings, adhesives, sealants and elastomers (CASE), textile, automotive, household and other industries. It manufactures welded pipe and tube, majorly from stainless steel, duplex, and nickel alloys. The company also produces specialty chemicals and dyes used in various end markets.

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