The historical rank and industry rank for Tower Semiconductor's Pretax Margin % or its related term are showing as below:
FRA:TOW'
s Pretax Margin % Range Over the Past 10 Years
Min: -4.31 Med: 10.48 Max: 41.11
Current: 37.75
FRA:TOW's Pretax Margin % is ranked better than 96.35% of 985
companies
in the Semiconductors industry
Industry Median: 5.17
vs FRA:TOW: 37.75
Tower Semiconductor Pretax Margin % Historical Data
The historical data trend for Tower Semiconductor'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 Tower Semiconductor's Pretax Margin %
For the Semiconductors subindustry, Tower Semiconductor'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.
Tower Semiconductor's Pretax Margin % Distribution in the Semiconductors Industry
For the Semiconductors industry and Technology sector, Tower Semiconductor's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Tower Semiconductor's Pretax Margin % falls into.
Tower Semiconductor 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.
Tower Semiconductor'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.
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.
Tower Semiconductor Pretax Margin % Related Terms
Thank you for viewing the detailed overview of Tower Semiconductor's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Tower Semiconductor (FRA:TOW) Business Description
Tower Semiconductor Ltd is a pure-play specialty foundry that manufactures semiconductors. As a pure-play foundry, it focuses on producing integrated circuits (ICs), based on the design specifications of customers. The company's line of integrated circuits is incorporated into a variety of products and markets, including consumer electronics, personal computers, communications, automotive, and industrial and medical device products. Tower produces ICs alongside wholly-owned subsidiaries through fabrication facilities located in Japan. As a complement to its technology offerings, Tower offers services that enable a quick and accurate design cycle. To further assist customers with design and technical support, an integrated team helps clients through the manufacturing cycle.
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