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Abaxis (Abaxis) Pretax Margin % : 20.56% (As of Mar. 2018)


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What is Abaxis Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Abaxis's Pre-Tax Income for the three months ended in Mar. 2018 was $14.0 Mil. Abaxis's Revenue for the three months ended in Mar. 2018 was $67.9 Mil. Therefore, Abaxis's pretax margin for the quarter that ended in Mar. 2018 was 20.56%.

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


ABAX's Pretax Margin % is not ranked *
in the Medical Diagnostics & Research industry.
Industry Median: -11.2
* Ranked among companies with meaningful Pretax Margin % only.

Abaxis Pretax Margin % Historical Data

The historical data trend for Abaxis'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.

Abaxis Pretax Margin % Chart

Abaxis Annual Data
Trend Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.57 16.31 21.54 22.49 17.74

Abaxis Quarterly Data
Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18
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 19.91 16.77 17.34 15.85 20.56

Competitive Comparison of Abaxis's Pretax Margin %

For the Diagnostics & Research subindustry, Abaxis'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.


Abaxis's Pretax Margin % Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Abaxis's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Abaxis's Pretax Margin % falls into.



Abaxis 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.

Abaxis's Pretax Margin for the fiscal year that ended in Mar. 2018 is calculated as

Pretax Margin=Pre-Tax Income (A: Mar. 2018 )/Revenue (A: Mar. 2018 )
=43.4/244.7
=17.74 %

Abaxis's Pretax Margin for the quarter that ended in Mar. 2018 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2018 )/Revenue (Q: Mar. 2018 )
=13.965/67.918
=20.56 %

* 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.


Abaxis  (NAS:ABAX) 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.


Abaxis Pretax Margin % Related Terms

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Abaxis (Abaxis) Business Description

Traded in Other Exchanges
N/A
Address
Abaxis Inc manufactures point-of-care blood analysis instruments and consumables for medical and veterinary care providers. The medical segment sells Piccolo Chemistry Analyzers, which can provide results about a blood sample in 12 minutes, and related reagents to physicians, hospitals, pharmacies, and other healthcare providers. The veterinary segment generates the majority of the firm's total revenue and sells products to animal hospitals, veterinary clinics, and private research laboratories. Products in this segment include the VetScan VS2 chemistry analyzer, animal-specific reagents, and rapid tests for canine and feline diseases. The vast majority of the firm's revenue comes from North America and Europe.
Executives
Richard Bastiani director C/O ABAXIS INC, 3240 WHIPPLE RD, UNION CITY CA 94587
Taylor Dean Ross Jr officer: CFO and VP of Finance C/O ABAXIS INC, 3240 WHIPPLE ROAD, UNION CITY CA 94587
Clinton Severson director, officer: CEO & Board Chairman C/O ABAXIS INC, 3240 WHIPPLE ROAD, UNION CITY CA 94587
Michael D Casey director ALLOS THERAPEUTICS, INC., 11080 CIRCLEPOINT ROAD, SUITE 200, WESTMINSTER CO 80020