The historical rank and industry rank for Progressive Care's Pretax Margin % or its related term are showing as below:
RXMD'
s Pretax Margin % Range Over the Past 10 Years
Min: -37.12 Med: -7.67 Max: 1.38
Current: -37.12
RXMD's Pretax Margin % is ranked worse than 81.1% of 656
companies
in the Healthcare Providers & Services industry
Industry Median: 2.61
vs RXMD: -37.12
Progressive Care Pretax Margin % Historical Data
The historical data trend for Progressive Care'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 Progressive Care's Pretax Margin %
For the Pharmaceutical Retailers subindustry, Progressive Care'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.
Progressive Care's Pretax Margin % Distribution in the Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, Progressive Care's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Progressive Care's Pretax Margin % falls into.
Progressive Care 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.
Progressive Care'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.
Progressive Care (OTCPK:RXMD) 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.
Progressive Care Pretax Margin % Related Terms
Thank you for viewing the detailed overview of Progressive Care's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Progressive Care (Progressive Care) Business Description
Progressive Care Inc is a personalized healthcare services and technology company which provides prescription pharmaceutical services, risk management, and data analytics to healthcare organizations and providers. The company through its wholly-owned subsidiary Pharmco, provides prescription pharmaceuticals, compounded medications, tele-pharmacy services, anti-retroviral medications, medication therapy management, the supply of prescription medications to long-term care facilities, and health practice risk management. It also offers certain disease testing and vaccinations. It offers services in a variety of languages, including English, Spanish, French, Creole, Portuguese, Ukrainian, and Russian.
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