Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Grupo TMM's Pre-Tax Income for the
three
months ended in Mar. 2024 was $0.59 Mil. Grupo TMM's Revenue for the
three
months ended in Mar. 2024 was $20.74 Mil. Therefore, Grupo TMM's pretax margin for the quarter that ended in Mar. 2024 was 2.84%.
The historical rank and industry rank for Grupo TMM's Pretax Margin % or its related term are showing as below:
GTMAY'
s Pretax Margin % Range Over the Past 10 Years
Min: -35.11 Med: -5.48 Max: 74.9
Current: -0.27
GTMAY's Pretax Margin % is ranked worse than 83.21% of 965
companies
in the Transportation industry
Industry Median: 7.17
vs GTMAY: -0.27
Grupo TMM Pretax Margin % Historical Data
The historical data trend for Grupo TMM'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 Grupo TMM's Pretax Margin %
For the Marine Shipping subindustry, Grupo TMM'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.
Grupo TMM's Pretax Margin % Distribution in the Transportation Industry
For the Transportation industry and Industrials sector, Grupo TMM's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Grupo TMM's Pretax Margin % falls into.
Grupo TMM 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.
Grupo TMM'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.
Grupo TMM (OTCPK:GTMAY) 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.
Grupo TMM Pretax Margin % Related Terms
Thank you for viewing the detailed overview of Grupo TMM's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Grupo TMM SA is an integrated logistics and transportation company in Mexico. It provides dynamic ocean transportation services to various international and domestic clients. The company operates through four segments namely Maritime division, Logistics division, Ports, and terminals division and Warehousing division. The Maritime division includes transportation of bulk liquid products, materials, provisions for drilling platforms, and towing services for ships. The Logistics segment provides trucking services to various manufacturers and retailers. Operations at ports and terminals assist in loading and unloading, storage at maritime port terminals, and shipping agency operations. The warehousing segment includes storage and management of the facilities and bonded warehouses.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
GTMAY has been successfully added to your 