The historical rank and industry rank for Torex Gold Resources's Pretax Margin % or its related term are showing as below:
TORXF'
s Pretax Margin % Range Over the Past 10 Years
Min: -4.22 Med: 20.3 Max: 32.99
Current: 25.11
TORXF's Pretax Margin % is ranked better than 87.08% of 859
companies
in the Metals & Mining industry
Industry Median: 0.52
vs TORXF: 25.11
Torex Gold Resources Pretax Margin % Historical Data
The historical data trend for Torex Gold Resources'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 Torex Gold Resources's Pretax Margin %
For the Gold subindustry, Torex Gold Resources'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.
Torex Gold Resources's Pretax Margin % Distribution in the Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Torex Gold Resources's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Torex Gold Resources's Pretax Margin % falls into.
Torex Gold Resources 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.
Torex Gold Resources'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.
Torex Gold Resources Pretax Margin % Related Terms
Thank you for viewing the detailed overview of Torex Gold Resources's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Torex Gold Resources (Torex Gold Resources) Business Description
Torex Gold Resources Inc is an intermediate producer of gold and other precious metals, engaged in the exploration, development, and exploration of its wholly owned Morelos Gold Property. The property consists of 29,000 hectares in the Guerrero Gold Belt, located 180 kilometres southwest of Mexico City and approximately 50 kilometres southwest of Iguala. Within this property, the company has two assets: the El Limon-Guajes Mine, an open pit gold deposit located north of the Balsas river, and the Media Luna Project.
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