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Echo Global Logistics (Echo Global Logistics) Pretax Margin % : 2.60% (As of Sep. 2021)


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What is Echo Global Logistics Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Echo Global Logistics's Pre-Tax Income for the three months ended in Sep. 2021 was $26 Mil. Echo Global Logistics's Revenue for the three months ended in Sep. 2021 was $986 Mil. Therefore, Echo Global Logistics's pretax margin for the quarter that ended in Sep. 2021 was 2.60%.

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


ECHO's Pretax Margin % is not ranked *
in the Transportation industry.
Industry Median: 7.115
* Ranked among companies with meaningful Pretax Margin % only.

Echo Global Logistics Pretax Margin % Historical Data

The historical data trend for Echo Global Logistics'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.

Echo Global Logistics Pretax Margin % Chart

Echo Global Logistics Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.08 0.22 1.56 1.00 0.94

Echo Global Logistics Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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 1.34 2.02 1.72 2.56 2.60

Competitive Comparison of Echo Global Logistics's Pretax Margin %

For the Integrated Freight & Logistics subindustry, Echo Global Logistics'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.


Echo Global Logistics's Pretax Margin % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Echo Global Logistics's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Echo Global Logistics's Pretax Margin % falls into.



Echo Global Logistics 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.

Echo Global Logistics's Pretax Margin for the fiscal year that ended in Dec. 2020 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2020 )/Revenue (A: Dec. 2020 )
=23.508/2511.515
=0.94 %

Echo Global Logistics's Pretax Margin for the quarter that ended in Sep. 2021 is calculated as

Pretax Margin=Pre-Tax Income (Q: Sep. 2021 )/Revenue (Q: Sep. 2021 )
=25.585/985.59
=2.60 %

* 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.


Echo Global Logistics  (NAS:ECHO) 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.


Echo Global Logistics Pretax Margin % Related Terms

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Echo Global Logistics (Echo Global Logistics) Business Description

Traded in Other Exchanges
N/A
Address
600 West Chicago Avenue, Suite 725, Chicago, IL, USA, 60654
Founded in 2005, Echo Global Logistics is an asset-light third-party logistics provider primarily focused on domestic truckload and less-than-truckload brokerage. It also offers intermodal and international air and ocean freight forwarding services, though to a lesser degree. Key strategic initiatives include gaining organic market share in the highly fragmented brokerage industry and supplementing its sales capabilities through tuck-in acquisitions. Echo completed its initial public offering in October 2009.
Executives
Douglas R Waggoner director, officer: Chief Executive Officer
Matthew Wagner Ferguson director C/O ECHO GLOBAL LOGISTICS, INC. 600 W CHICAGO AVE, SUITE 725 CHICAGO IL 60654
Samuel K Skinner director 233 NORTH MICHIGAN AVENUE, 22ND FLOOR, CHICAGO IL 60601
David B Menzel officer: Chief Financial Officer C/O ECHO GLOBAL LOGISTICS, INC. 600 WEST CHICAGO AVENUE, SUITE 725 CHICAGO IL 60654
Douglas Hong officer: Controller 600 WEST CHICAGO AVENUE SUITE 725 CHICAGO IL 60654
Peter Rogers officer: Controller C/O ECHO GLOBAL LOGISTICS 600 W. CHICAGO AVENUE, SUITE 725 CHICAGO IL 60654
Kyle Sauers officer: Chief Financial Officer C/O ECHO GLOBAL LOGISTICS, 600 W. CHICAGO AVENUE, SUITE 725, CHICAGO IL 60654
Virginia Henkels director SWIFT TRANSPORTATION COMPANY, 2200 SOUTH 75TH AVENUE, PHOENIX AZ 85043
Farrow William M Iii director C/O CBOE GLOBAL MARKETS, INC., 433 WEST VAN BUREN STREET, CHICAGO IL 60607
Paul Loeb director 600 W. CHICAGO AVENUE SUITE 725 CHICAGO IL 60654
Bradley A Keywell director
Eric P Lefkofsky director, 10 percent owner 501 SILVERSIDE ROAD SUITE 87F, WILMONGTON DE 19809
Evan Schumacher officer: Chief Commercial Officer C/O ECHO GLOBAL LOGISTICS 600 W. CHICAGO AVENUE, SUITE 725 CHICAGO IL 60654
Nelda J Connors director BOSTON SCIENTIFIC CORPORATION, 300 BOSTON SCIENTIFIC WAY, MARLBOROUGH MA 01752-1234
John R Walter director 401 NORTH AHWAHNEE RD, LAKE FOREST IL 60045

Echo Global Logistics (Echo Global Logistics) Headlines

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