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Mitsui Chemicals (Mitsui Chemicals) Pretax Margin % : 2.98% (As of Mar. 2024)


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What is Mitsui Chemicals Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Mitsui Chemicals's Pre-Tax Income for the three months ended in Mar. 2024 was $94 Mil. Mitsui Chemicals's Revenue for the three months ended in Mar. 2024 was $3,172 Mil. Therefore, Mitsui Chemicals's pretax margin for the quarter that ended in Mar. 2024 was 2.98%.

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

MITUY' s Pretax Margin % Range Over the Past 10 Years
Min: 2.31   Med: 6.19   Max: 8.76
Current: 4.19


MITUY's Pretax Margin % is ranked worse than
56.17% of 1531 companies
in the Chemicals industry
Industry Median: 5.45 vs MITUY: 4.19

Mitsui Chemicals Pretax Margin % Historical Data

The historical data trend for Mitsui Chemicals'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.

Mitsui Chemicals Pretax Margin % Chart

Mitsui Chemicals Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.51 6.13 8.76 6.24 4.19

Mitsui Chemicals 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 3.79 3.47 4.53 5.81 2.98

Competitive Comparison of Mitsui Chemicals's Pretax Margin %

For the Specialty Chemicals subindustry, Mitsui Chemicals'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.


Mitsui Chemicals's Pretax Margin % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Mitsui Chemicals's Pretax Margin % distribution charts can be found below:

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



Mitsui Chemicals 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.

Mitsui Chemicals's Pretax Margin for the fiscal year that ended in Mar. 2024 is calculated as

Pretax Margin=Pre-Tax Income (A: Mar. 2024 )/Revenue (A: Mar. 2024 )
=489.465/11679.077
=4.19 %

Mitsui Chemicals'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 )
=94.494/3171.923
=2.98 %

* 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.


Mitsui Chemicals  (OTCPK:MITUY) 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.


Mitsui Chemicals Pretax Margin % Related Terms

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Mitsui Chemicals (Mitsui Chemicals) Business Description

Traded in Other Exchanges
Address
1-5-2, Higashi-Shimbashi, Shiodome City Center, Minato-ku, Tokyo, JPN, 105-7122
Mitsui Chemicals Inc manufactures and sells a variety of chemicals, plastics, and chemical-based products. The firm organizes itself into five segments based on the product type. The basic materials segment, which generates more revenue than any other segment, sells petrochemicals, industrial chemicals, phenols, and polyesters. The mobility segment sells elastomers, performance compounds, and performance polymers to the automotive industry. The other three segments are healthcare, food and packaging, and others. The majority of revenue comes from Asia.

Mitsui Chemicals (Mitsui Chemicals) Headlines

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