Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Inrad Optics's Pre-Tax Income for the
three
months ended in Mar. 2024 was $0.01 Mil. Inrad Optics's Revenue for the
three
months ended in Mar. 2024 was $2.89 Mil. Therefore, Inrad Optics's pretax margin for the quarter that ended in Mar. 2024 was 0.28%.
The historical rank and industry rank for Inrad Optics's Pretax Margin % or its related term are showing as below:
INRD'
s Pretax Margin % Range Over the Past 10 Years
Min: -25.86 Med: -5.38 Max: 15.41
Current: 12.2
INRD's Pretax Margin % is ranked better than 79.31% of 2465
companies
in the Hardware industry
Industry Median: 3.43
vs INRD: 12.20
Inrad Optics Pretax Margin % Historical Data
The historical data trend for Inrad Optics'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 Inrad Optics's Pretax Margin %
For the Electronic Components subindustry, Inrad Optics'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.
Inrad Optics's Pretax Margin % Distribution in the Hardware Industry
For the Hardware industry and Technology sector, Inrad Optics's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Inrad Optics's Pretax Margin % falls into.
Inrad Optics 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.
Inrad Optics'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.
Inrad Optics Pretax Margin % Related Terms
Thank you for viewing the detailed overview of Inrad Optics's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Inrad Optics Inc develops, manufactures and markets products and services for use in photonics industry sectors. It is a vertically integrated manufacturer focusing on crystal-based optical components and devices, custom optical components from both glass and metal, and precision optical and optomechanical assemblies. Its product categories include Optical Components and Laser System Devices/Instrumentation. The company's customers include corporations in the defense, aerospace, laser systems, process control, and metrology sectors of the photonics industry, as well as the United States Government, National Laboratories and universities around the world.
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