Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. UroGen Pharma's Pre-Tax Income for the
three
months ended in Mar. 2024 was $-32.23 Mil. UroGen Pharma's Revenue for the
three
months ended in Mar. 2024 was $18.78 Mil. Therefore, UroGen Pharma's pretax margin for the quarter that ended in Mar. 2024 was -171.62%.
The historical rank and industry rank for UroGen Pharma's Pretax Margin % or its related term are showing as below:
URGN'
s Pretax Margin % Range Over the Past 10 Years
Min: -584144.44 Med: -236.3 Max: -11.07
Current: -119.05
URGN's Pretax Margin % is ranked better than 52.1% of 1025
companies
in the Biotechnology industry
Industry Median: -154.52
vs URGN: -119.05
UroGen Pharma Pretax Margin % Historical Data
The historical data trend for UroGen Pharma'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 UroGen Pharma's Pretax Margin %
For the Biotechnology subindustry, UroGen Pharma'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.
UroGen Pharma's Pretax Margin % Distribution in the Biotechnology Industry
For the Biotechnology industry and Healthcare sector, UroGen Pharma's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where UroGen Pharma's Pretax Margin % falls into.
UroGen Pharma 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.
UroGen Pharma'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.
UroGen Pharma Pretax Margin % Related Terms
Thank you for viewing the detailed overview of UroGen Pharma's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
UroGen Pharma (UroGen Pharma) Business Description
UroGen Pharma Ltd is a clinical-stage biopharmaceutical company focused on developing and commercializing innovative solutions that treat urothelial and specialty cancers. The company has an innovative and broad pipeline of product candidates that can overcome the deficiencies of current treatment options for a variety of urological conditions with a focus on uro-oncology. Its lead product candidates, UGN-101 and UGN-102, are proprietary formulations of the chemotherapy drug Mitomycin C, or MMC, a generic drug, which is used off-label for urothelial cancer treatment only in a water-based formulation as an adjuvant, or supplemental post-surgery, therapy.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
URGN has been successfully added to your 