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Mitsubishi Materials (TSE:5711) Pretax Margin % : 6.58% (As of Dec. 2023)


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What is Mitsubishi Materials Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Mitsubishi Materials's Pre-Tax Income for the three months ended in Dec. 2023 was 円24,029 Mil. Mitsubishi Materials's Revenue for the three months ended in Dec. 2023 was 円365,386 Mil. Therefore, Mitsubishi Materials's pretax margin for the quarter that ended in Dec. 2023 was 6.58%.

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

TSE:5711' s Pretax Margin % Range Over the Past 10 Years
Min: -2.67   Med: 3.61   Max: 5.83
Current: 2.99


TSE:5711's Pretax Margin % is ranked better than
57.74% of 859 companies
in the Metals & Mining industry
Industry Median: 0.42 vs TSE:5711: 2.99

Mitsubishi Materials Pretax Margin % Historical Data

The historical data trend for Mitsubishi Materials'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.

Mitsubishi Materials Pretax Margin % Chart

Mitsubishi Materials 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 -2.67 2.92 4.23 0.91 2.99

Mitsubishi Materials 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 1.58 1.96 3.17 6.58 0.80

Competitive Comparison of Mitsubishi Materials's Pretax Margin %

For the Other Industrial Metals & Mining subindustry, Mitsubishi Materials'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.


Mitsubishi Materials's Pretax Margin % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Mitsubishi Materials's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Mitsubishi Materials's Pretax Margin % falls into.



Mitsubishi Materials 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.

Mitsubishi Materials'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 )
=46030/1540642
=2.99 %

Mitsubishi Materials's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=24029/365386
=6.58 %

* 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.


Mitsubishi Materials  (TSE:5711) 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.


Mitsubishi Materials Pretax Margin % Related Terms

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Mitsubishi Materials (TSE:5711) Business Description

Traded in Other Exchanges
Address
3-2, Otemachi 1-chome, Chiyoda-ku, Tokyo, JPN, 100-8117
Mitsubishi Materials Corp has operations across thirty countries and multiple divisions, including cement, metals, advanced materials and tools, electronic materials and components, and aluminum. The metals division, which accounts for roughly half of group revenue, is engaged in copper mine development, smelting, and processing, along with the production and sales of precious metals. The cement business is the group's second- largest division, engaged in the production and sale of Portland cement, ready-mixed concrete, and other cement-related products. The aluminum division manufactures aluminum beverage cans, rolled aluminum products, and processed products.

Mitsubishi Materials (TSE:5711) Headlines

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