Major Drilling Group International (TSX:MDI) Pretax Margin % : 15.04% (As of Oct. 2023)

Major Drilling Group International Pretax Margin % Chart

Major Drilling Group International Annual Data
	Trend	Apr14	Apr15	Apr16	Apr17	Apr18	Apr19	Apr20	Apr21	Apr22	Apr23
Pretax Margin %		Get a 7-Day Free Trial					-2.69	-13.58	3.14	10.53	13.26

Major Drilling Group International Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Pretax Margin %	Get a 7-Day Free Trial															5.88	14.11	14.56	15.04	-1.04

Competitive Comparison of Major Drilling Group International's Pretax Margin %

For the Other Industrial Metals & Mining subindustry, Major Drilling Group International'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.

Major Drilling Group International's Pretax Margin % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Major Drilling Group International's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Major Drilling Group International's Pretax Margin % falls into.

Major Drilling Group International 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.

Major Drilling Group International's Pretax Margin for the fiscal year that ended in Apr. 2023 is calculated as

Major Drilling Group International's Pretax Margin for the quarter that ended in Oct. 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.

Major Drilling Group International  (TSX:MDI) 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.

Major Drilling Group International Pretax Margin % Related Terms

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Major Drilling Group International (TSX:MDI) Business Description