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Tecan Group AG (FRA:TEN) Pretax Margin % : 13.35% (As of Dec. 2023)


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What is Tecan Group AG Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Tecan Group AG's Pre-Tax Income for the six months ended in Dec. 2023 was €75 Mil. Tecan Group AG's Revenue for the six months ended in Dec. 2023 was €565 Mil. Therefore, Tecan Group AG's pretax margin for the quarter that ended in Dec. 2023 was 13.35%.

The historical rank and industry rank for Tecan Group AG's Pretax Margin % or its related term are showing as below:

FRA:TEN' s Pretax Margin % Range Over the Past 10 Years
Min: 12.3   Med: 13.52   Max: 16.18
Current: 12.45


FRA:TEN's Pretax Margin % is ranked better than
73.59% of 818 companies
in the Medical Devices & Instruments industry
Industry Median: -0.535 vs FRA:TEN: 12.45

Tecan Group AG Pretax Margin % Historical Data

The historical data trend for Tecan Group AG'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.

* Premium members only.

Tecan Group AG Pretax Margin % Chart

Tecan Group AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.99 16.18 14.57 12.45 12.45

Tecan Group AG Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Pretax 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 8.71 13.45 11.41 11.58 13.35

Competitive Comparison of Tecan Group AG's Pretax Margin %

For the Medical Instruments & Supplies subindustry, Tecan Group AG'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.


Tecan Group AG's Pretax Margin % Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Tecan Group AG's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Tecan Group AG's Pretax Margin % falls into.



Tecan Group AG 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.

Tecan Group AG'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 )
=141.882/1139.237
=12.45 %

Tecan Group AG's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=75.416/565.052
=13.35 %

* 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.


Tecan Group AG  (FRA:TEN) 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.


Tecan Group AG Pretax Margin % Related Terms

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Tecan Group AG (FRA:TEN) Business Description

Traded in Other Exchanges
Address
Seestrasse 103, Mannedorf, CHE, 8708
Tecan Group AG sells automated laboratory instruments and solutions for the diagnostics and life science research markets. The firm operates in two segments; Life Sciences Business (end-customer business) segment supplies end users with automated workflow solutions directly. These solutions include laboratory instruments, software packages, application know-how, services, consumables, and spare parts, and Partnering Business (OEM business) segment develops and manufactures OEM instruments and components that are distributed by partner companies under their own names. A majority proportion of Tecan's revenue is generated in the Americas and Europe.