Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Reliability's Pre-Tax Income for the
three
months ended in Mar. 2024 was $-0.26 Mil. Reliability's Revenue for the
three
months ended in Mar. 2024 was $5.30 Mil. Therefore, Reliability's pretax margin for the quarter that ended in Mar. 2024 was -4.95%.
The historical rank and industry rank for Reliability's Pretax Margin % or its related term are showing as below:
RLBY'
s Pretax Margin % Range Over the Past 10 Years
Min: -3.94 Med: -2.21 Max: 33.82
Current: -3.69
RLBY's Pretax Margin % is ranked worse than 81.66% of 1063
companies
in the Business Services industry
Industry Median: 5.57
vs RLBY: -3.69
Reliability Pretax Margin % Historical Data
The historical data trend for Reliability'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 Reliability's Pretax Margin %
For the Staffing & Employment Services subindustry, Reliability'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.
Reliability's Pretax Margin % Distribution in the Business Services Industry
For the Business Services industry and Industrials sector, Reliability's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Reliability's Pretax Margin % falls into.
Reliability 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.
Reliability'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.
Reliability Pretax Margin % Related Terms
Thank you for viewing the detailed overview of Reliability's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Reliability Inc provides workforce solutions to its clients consisting primarily of Employer of Record (EOR) services, recruiting and staffing, and video and multimedia production. It operates within four industry segments: EOR, Recruiting and Staffing, Video and Multimedia Production, and Direct Hire. The EOR segment which generates a majority of revenue for the company provides media field talent to a host of large corporate customers. The company's clients are in diverse industries including media, financial services including banking, medical devices, pharmaceuticals, telecommunications, energy, healthcare, and education.
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