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K-Bro Linen (TSX:KBL) Pretax Margin % : 2.96% (As of Mar. 2024)


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What is K-Bro Linen Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. K-Bro Linen's Pre-Tax Income for the three months ended in Mar. 2024 was C$2.4 Mil. K-Bro Linen's Revenue for the three months ended in Mar. 2024 was C$80.2 Mil. Therefore, K-Bro Linen's pretax margin for the quarter that ended in Mar. 2024 was 2.96%.

The historical rank and industry rank for K-Bro Linen's Pretax Margin % or its related term are showing as below:

TSX:KBL' s Pretax Margin % Range Over the Past 10 Years
Min: 1.97   Med: 5.57   Max: 12.21
Current: 6.87


TSX:KBL's Pretax Margin % is ranked better than
55.62% of 1059 companies
in the Business Services industry
Industry Median: 5.45 vs TSX:KBL: 6.87

K-Bro Linen Pretax Margin % Historical Data

The historical data trend for K-Bro Linen'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.

K-Bro Linen Pretax Margin % Chart

K-Bro Linen Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.47 3.25 5.57 1.97 7.13

K-Bro Linen 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 3.59 7.57 10.31 6.37 2.96

Competitive Comparison of K-Bro Linen's Pretax Margin %

For the Specialty Business Services subindustry, K-Bro Linen'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.


K-Bro Linen's Pretax Margin % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, K-Bro Linen's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where K-Bro Linen's Pretax Margin % falls into.



K-Bro Linen 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.

K-Bro Linen's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=22.863/320.884
=7.13 %

K-Bro Linen's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=2.375/80.227
=2.96 %

* 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.


K-Bro Linen  (TSX:KBL) 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.


K-Bro Linen Pretax Margin % Related Terms

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K-Bro Linen (TSX:KBL) Business Description

Traded in Other Exchanges
Address
14903-137 Avenue N.W., Edmonton, AB, CAN, T5V 1R9
K-Bro Linen Inc is a healthcare and hospitality laundry and linen processor in Canada. It operates in major cities across Canada, and has two distribution centers, providing management services and laundry processing of hospitality, healthcare, and specialty linens. The company provides vital products and services that help people heal, travel, live, and play. It helps hospitals and extended care centers care for the young, old, and vulnerable in environmentally responsible ways. It operates through two divisions, which are the Canadian division and the United Kingdom division.
Executives
K-bro Linen Inc. Issuer

K-Bro Linen (TSX:KBL) Headlines

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