The historical rank and industry rank for Alta Equipment Group's Pretax Margin % or its related term are showing as below:
ALTG'
s Pretax Margin % Range Over the Past 10 Years
Min: -3.5 Med: -0.65 Max: 0.67
Current: -0.78
ALTG's Pretax Margin % is ranked worse than 77.14% of 1063
companies
in the Business Services industry
Industry Median: 5.49
vs ALTG: -0.78
Alta Equipment Group Pretax Margin % Historical Data
The historical data trend for Alta Equipment Group'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 Alta Equipment Group's Pretax Margin %
For the Rental & Leasing Services subindustry, Alta Equipment Group'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.
Alta Equipment Group's Pretax Margin % Distribution in the Business Services Industry
For the Business Services industry and Industrials sector, Alta Equipment Group's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Alta Equipment Group's Pretax Margin % falls into.
Alta Equipment Group 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.
Alta Equipment Group'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.
Alta Equipment Group (NYSE:ALTG) 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.
Alta Equipment Group Pretax Margin % Related Terms
Thank you for viewing the detailed overview of Alta Equipment Group's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Alta Equipment Group (Alta Equipment Group) Business Description
Alta Equipment Group Inc is an integrated equipment dealership platform in the U.S. Its segments are Material Handling and Construction Equipment. The Material Handling segment is engaged in operations related to the sale, service, and rental of lift trucks in Michigan, Illinois, Indiana, New York, Virginia, and throughout the New England states whereas, the Construction Equipment segment is principally engaged in operations related to the sale, service, and rental of construction equipment in Michigan, Indiana, Illinois, Ohio, New York, Florida and throughout the New England States.
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