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Waterco (ASX:WAT) Pretax Margin % : 8.65% (As of Dec. 2023)


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What is Waterco Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Waterco's Pre-Tax Income for the six months ended in Dec. 2023 was A$10.1 Mil. Waterco's Revenue for the six months ended in Dec. 2023 was A$116.6 Mil. Therefore, Waterco's pretax margin for the quarter that ended in Dec. 2023 was 8.65%.

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

ASX:WAT' s Pretax Margin % Range Over the Past 10 Years
Min: 2.5   Med: 5.57   Max: 12.06
Current: 9.68


ASX:WAT's Pretax Margin % is ranked better than
63.72% of 2960 companies
in the Industrial Products industry
Industry Median: 6.525 vs ASX:WAT: 9.68

Waterco Pretax Margin % Historical Data

The historical data trend for Waterco'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.

Waterco Pretax Margin % Chart

Waterco Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.70 4.17 7.99 12.06 10.34

Waterco Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 8.96 15.16 9.22 11.50 8.65

Competitive Comparison of Waterco's Pretax Margin %

For the Pollution & Treatment Controls subindustry, Waterco'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.


Waterco's Pretax Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Waterco's Pretax Margin % distribution charts can be found below:

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



Waterco 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.

Waterco's Pretax Margin for the fiscal year that ended in Jun. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Jun. 2023 )/Revenue (A: Jun. 2023 )
=13.853/133.999
=10.34 %

Waterco's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=10.092/116.613
=8.65 %

* 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.


Waterco  (ASX:WAT) 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.


Waterco Pretax Margin % Related Terms

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Waterco (ASX:WAT) Business Description

Traded in Other Exchanges
N/A
Address
36 South Street, Rydalmere, Sydney, NSW, AUS, 2116
Waterco Ltd engages in the manufacture and distribution of pool and spa products and water treatment equipment. The firm involves in the wholesale, export, and manufacture of equipment and accessories in the swimming pool, spa pool, spa bath, rural pump. The company's pool and spa products comprise commercial accessories and chemical dosers, commercial heating products and pumps, test kits and maintenance products, chemical pool products, pool, and spa blowers, swimming pool and spa valves, recirculation accessories, pool lighting products, robotic pool cleaners, pool suction cleaners, spa equipment, hydroxzone ozone generators. Its maximum revenue is generated from Australia and New Zealand.

Waterco (ASX:WAT) Headlines

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