Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Steris's Pre-Tax Income for the
three
months ended in Mar. 2024 was $191 Mil. Steris's Revenue for the
three
months ended in Mar. 2024 was $1,419 Mil. Therefore, Steris's pretax margin for the quarter that ended in Mar. 2024 was 13.43%.
The historical rank and industry rank for Steris's Pretax Margin % or its related term are showing as below:
STE'
s Pretax Margin % Range Over the Past 10 Years
Min: 3.17 Med: 12.28 Max: 16.65
Current: 12.46
STE's Pretax Margin % is ranked better than 73.75% of 819
companies
in the Medical Devices & Instruments industry
Industry Median: -0.01
vs STE: 12.46
Steris Pretax Margin % Historical Data
The historical data trend for Steris'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 Steris's Pretax Margin %
For the Medical Devices subindustry, Steris'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.
Steris's Pretax Margin % Distribution in the Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Steris's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Steris's Pretax Margin % falls into.
Steris 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.
Steris's Pretax Margin for the fiscal year that ended in Mar. 2024 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.
Steris (NYSE:STE) 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.
Steris Pretax Margin % Related Terms
Thank you for viewing the detailed overview of Steris's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Steris is an Ireland-domiciled medical device company focused on sterilization services and infection prevention. The company is the global leader in contract sterilization services, ensuring the safe delivery of single-use and implantable medical equipment to hospitals around the world. Additionally, Steris sells sterilizers, washer-disinfectors, and other decontamination equipment and supplies for use by care provider facilities and in biopharma manufacturing sites. Domiciled in the United States before its 2015 inversion to Ireland, the firm continues to derive roughly 70% of revenue from its U.S. operations, 10% from the United Kingdom, and the remaining 20% from other international regions.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
STE has been successfully added to your 