The historical rank and industry rank for Iveco Group NV's Pretax Margin % or its related term are showing as below:
MIL:IVG'
s Pretax Margin % Range Over the Past 10 Years
Min: -4.69 Med: 1.65 Max: 2.58
Current: 2.42
MIL:IVG's Pretax Margin % is ranked worse than 70.19% of 208
companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 6.7
vs MIL:IVG: 2.42
Iveco Group NV Pretax Margin % Historical Data
The historical data trend for Iveco Group NV'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 Iveco Group NV's Pretax Margin %
For the Farm & Heavy Construction Machinery subindustry, Iveco Group NV'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.
Iveco Group NV's Pretax Margin % Distribution in the Farm & Heavy Construction Machinery Industry
For the Farm & Heavy Construction Machinery industry and Industrials sector, Iveco Group NV's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Iveco Group NV's Pretax Margin % falls into.
Iveco Group NV 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.
Iveco Group NV'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.
Iveco Group NV (MIL:IVG) 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.
Iveco Group NV Pretax Margin % Related Terms
Thank you for viewing the detailed overview of Iveco Group NV's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Iveco Group NV is engaged in the design, production, marketing, sale, servicing, and financing of trucks, commercial vehicles, buses, and specialty vehicles for firefighting, defense, and other uses, as well as combustion engines, alternative propulsion systems, transmissions, and axles. The group has three operating segments: Commercial and Specialty Vehicles, Powertrain and Financial Services. Majority of revenue is generated from Commercial and Specialty Vehicles. Commercial and Specialty Vehicles designs, manufactures and distributes a full range of light, medium, and heavy vehicles for the transportation and distribution of goods; city-buses, commuter buses; quarry and mining equipment. Geographically, majority of revenue is generated from Europe.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
MIL:IVG has been successfully added to your 