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Wolverine World Wide (Wolverine World Wide) Pretax Margin % : -3.62% (As of Mar. 2024)


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What is Wolverine World Wide Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Wolverine World Wide's Pre-Tax Income for the three months ended in Mar. 2024 was $-14 Mil. Wolverine World Wide's Revenue for the three months ended in Mar. 2024 was $395 Mil. Therefore, Wolverine World Wide's pretax margin for the quarter that ended in Mar. 2024 was -3.62%.

The historical rank and industry rank for Wolverine World Wide's Pretax Margin % or its related term are showing as below:

WWW' s Pretax Margin % Range Over the Past 10 Years
Min: -10.28   Med: 3.88   Max: 10.16
Current: -8.67


WWW's Pretax Margin % is ranked worse than
84.07% of 1042 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 3.48 vs WWW: -8.67

Wolverine World Wide Pretax Margin % Historical Data

The historical data trend for Wolverine World Wide'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.

Wolverine World Wide Pretax Margin % Chart

Wolverine World Wide 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 6.42 -10.28 3.33 -9.42 -5.98

Wolverine World Wide 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 4.72 5.16 1.78 -38.41 -3.62

Competitive Comparison of Wolverine World Wide's Pretax Margin %

For the Footwear & Accessories subindustry, Wolverine World Wide'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.


Wolverine World Wide's Pretax Margin % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Wolverine World Wide's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Wolverine World Wide's Pretax Margin % falls into.



Wolverine World Wide 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.

Wolverine World Wide'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 )
=-134.2/2242.9
=-5.98 %

Wolverine World Wide'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 )
=-14.3/394.9
=-3.62 %

* 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.


Wolverine World Wide  (NYSE:WWW) 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.


Wolverine World Wide Pretax Margin % Related Terms

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Wolverine World Wide (Wolverine World Wide) Business Description

Traded in Other Exchanges
Address
9341 Courtland Drive N.E., Rockford, MI, USA, 49351
Wolverine World Wide Inc is engaged in designing, manufacturing, sourcing, marketing, licensing, and distributing branded footwear, apparel, and accessories. The company's segment includes Active Group; Work Group; Lifestyle Group and Other. It generates maximum revenue from the Active Group segment. Active Group segment consists of Merrell footwear and apparel, Saucony footwear and apparel, Sweaty Betty activewear, and Chaco footwear.
Executives
Amy M. Klimek officer: EVP, Global Human Resources 9341 COURTLAND DRIVE NE, ROCKFORD MI 49351
Jeffrey M Boromisa director
Michael D Stornant officer: EVP, CFO and Treasurer C/O 9341 COURTLAND DRIVE NE, ROCKFORD MI 49351
Brenda J Lauderback director IRWIN FINANCIAL CORPORATION, 500 WASHINGTON STREET, COLUMBUS IN 47201
Jodi Bricker director C/O 9341 COURTLAND DRIVE NE, ROCKFORD MI 49351
Demonty Price director C/O RESTORATION HARDWARE HOLDINGS, INC., 15 KOCH ROAD, SUITE K, CORTE MADERA CA 94925
Andersen Stacia J.p. director 6301 FITCH PATH, NEW ALBANY OH 43054
Kathleen Wilson-thompson director PO BOX 3599, BATTLE CREEK MI 49016-3599
Christopher Hufnagel officer: President, Active Group 9341 COURTLAND DRIVE, ROCKFORD MI 49351
Nicholas T. Long director C/O 9341 COURTLAND DRIVE NE, ROCKFORD MI 49351
Reginald Rasch officer: Sr. VP, Gen'l Counsel & Sec'y 80 GRASSLANDS ROAD, ELMSFORD NY 10523
Brendan Hoffman director, officer: President 100 PIER 1 PLACE, FORT WORTH TX 76102
Isabel Soriano officer: President, International C/O 9341 COURTLAND DRIVE NE, ROCKFORD MI 49351
David T Kollat director 9341 COURTLAND DR, ROCKFORD MI 49351
William K Gerber director 999 WEST BIG BEAVER ROAD, TROY MI 48084