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Varex Imaging (FRA:VI4) Pretax Margin % : 1.12% (As of Mar. 2024)


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What is Varex Imaging Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Varex Imaging's Pre-Tax Income for the three months ended in Mar. 2024 was €2.1 Mil. Varex Imaging's Revenue for the three months ended in Mar. 2024 was €189.7 Mil. Therefore, Varex Imaging's pretax margin for the quarter that ended in Mar. 2024 was 1.12%.

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

FRA:VI4' s Pretax Margin % Range Over the Past 10 Years
Min: -9.83   Med: 4.34   Max: 25.42
Current: 2.31


FRA:VI4's Pretax Margin % is ranked better than
53.79% of 818 companies
in the Medical Devices & Instruments industry
Industry Median: -0.745 vs FRA:VI4: 2.31

Varex Imaging Pretax Margin % Historical Data

The historical data trend for Varex Imaging'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.

Varex Imaging Pretax Margin % Chart

Varex Imaging Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.75 -9.83 3.50 5.18 3.50

Varex Imaging Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 3.42 7.36 0.44 -0.32 1.12

Competitive Comparison of Varex Imaging's Pretax Margin %

For the Medical Devices subindustry, Varex Imaging'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.


Varex Imaging's Pretax Margin % Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Varex Imaging's Pretax Margin % distribution charts can be found below:

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



Varex Imaging 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.

Varex Imaging's Pretax Margin for the fiscal year that ended in Sep. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Sep. 2023 )/Revenue (A: Sep. 2023 )
=29.328/837.116
=3.50 %

Varex Imaging's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=2.116/189.704
=1.12 %

* 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.


Varex Imaging  (FRA:VI4) 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.


Varex Imaging Pretax Margin % Related Terms

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Varex Imaging (FRA:VI4) Business Description

Traded in Other Exchanges
Address
1678 South Pioneer Road, Salt Lake City, UT, USA, 84104
Varex Imaging Corp designs and manufactures X-ray imaging components. It operates in two segments Medical and Industrial. The Medical segment, which is the key revenue driver, designs, manufactures, sells, and services X-ray imaging components comprising X-ray tubes, digital flat panel image detectors, high voltage connectors, ionization chambers, and buckys among others. The Industrial segment designs, manufactures, sells, and services Linatron X-ray accelerators, X-ray tubes, digital flat panel detectors and high voltage connectors among others. It has manufacturing, research, and development operation in the United States, Europe, Philippines and China, and sales and service operations throughout the world.

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