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Solid State (LSE:SOLI) Pretax Margin % : 6.88% (As of Sep. 2023)


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What is Solid State Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Solid State's Pre-Tax Income for the six months ended in Sep. 2023 was £6.1 Mil. Solid State's Revenue for the six months ended in Sep. 2023 was £88.1 Mil. Therefore, Solid State's pretax margin for the quarter that ended in Sep. 2023 was 6.88%.

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

LSE:SOLI' s Pretax Margin % Range Over the Past 10 Years
Min: 4.12   Med: 6.51   Max: 8.24
Current: 6.65


LSE:SOLI's Pretax Margin % is ranked better than
63.04% of 2462 companies
in the Hardware industry
Industry Median: 3.55 vs LSE:SOLI: 6.65

Solid State Pretax Margin % Historical Data

The historical data trend for Solid State'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.

Solid State Pretax Margin % Chart

Solid State Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.99 5.94 6.34 4.12 6.67

Solid State Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 5.36 3.05 7.05 6.34 6.88

Competitive Comparison of Solid State's Pretax Margin %

For the Electronic Components subindustry, Solid State'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.


Solid State's Pretax Margin % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Solid State's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Solid State's Pretax Margin % falls into.



Solid State 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.

Solid State's Pretax Margin for the fiscal year that ended in Mar. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Mar. 2023 )/Revenue (A: Mar. 2023 )
=8.436/126.503
=6.67 %

Solid State's Pretax Margin for the quarter that ended in Sep. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Sep. 2023 )/Revenue (Q: Sep. 2023 )
=6.064/88.125
=6.88 %

* 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.


Solid State  (LSE:SOLI) 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.


Solid State Pretax Margin % Related Terms

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Solid State (LSE:SOLI) Business Description

Traded in Other Exchanges
N/A
Address
Hedera Road, 2 Ravensbank Business Park, Redditch, Worcestershire, GBR, B98 9EY
Solid State PLC is engaged in manufacturing as well as the distribution of electronic components and materials. The company's operating segment includes divisions which are Components and Systems. It generates maximum revenue from the Components division segment. Geographically, it derives the majority of its revenue from the United Kingdom and has a presence in the Rest of Europe, Asia, North America, and the Rest of the World. It generates revenue from products such as Computing, Communications, Power and Optoelectronics, and electronic components and modules.