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Mitsubishi Motors (Mitsubishi Motors) Pretax Margin % : 6.21% (As of Dec. 2023)


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What is Mitsubishi Motors Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Mitsubishi Motors's Pre-Tax Income for the three months ended in Dec. 2023 was $316 Mil. Mitsubishi Motors's Revenue for the three months ended in Dec. 2023 was $5,091 Mil. Therefore, Mitsubishi Motors's pretax margin for the quarter that ended in Dec. 2023 was 6.21%.

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

MMTOF' s Pretax Margin % Range Over the Past 10 Years
Min: -20.49   Med: 4.71   Max: 6.84
Current: 6.48


MMTOF's Pretax Margin % is ranked better than
61.72% of 1288 companies
in the Vehicles & Parts industry
Industry Median: 4.47 vs MMTOF: 6.48

Mitsubishi Motors Pretax Margin % Historical Data

The historical data trend for Mitsubishi Motors'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.

Mitsubishi Motors Pretax Margin % Chart

Mitsubishi Motors Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.17 -20.49 4.64 6.84 6.48

Mitsubishi Motors 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 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 0.81 9.70 4.64 6.21 5.71

Competitive Comparison of Mitsubishi Motors's Pretax Margin %

For the Auto Manufacturers subindustry, Mitsubishi Motors'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.


Mitsubishi Motors's Pretax Margin % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Mitsubishi Motors's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Mitsubishi Motors's Pretax Margin % falls into.



Mitsubishi Motors 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.

Mitsubishi Motors's Pretax Margin for the fiscal year that ended in Mar. 2024 is calculated as

Pretax Margin=Pre-Tax Income (A: Mar. 2024 )/Revenue (A: Mar. 2024 )
=1207.006/18619.778
=6.48 %

Mitsubishi Motors'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 )
=316.131/5091.196
=6.21 %

* 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.


Mitsubishi Motors  (OTCPK:MMTOF) 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.


Mitsubishi Motors Pretax Margin % Related Terms

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Mitsubishi Motors (Mitsubishi Motors) Business Description

Traded in Other Exchanges
Address
5-33-8, Shiba, Minato - ku, Tokyo, JPN, 108-8410
Mitsubishi Motors is a Japanese automobile manufacturer. The company principally produces small passenger vehicles, electric and hybrid vehicles, and sport utility vehicles, or SUVs. Mitsubishi Motors is organised into two business segments: automobile business and automobile financing business. The company derives the vast majority of company revenue from the automotive business. Geographically, the company is separated into five regions: Japan, North America, Europe, Asia (excluding Japan), and other. With more than half of its products manufactures in Japan where it also generates the majority of its consolidated revenue, followed by Asia, and North America.