Israel Shipyards Industries (XTAE:ISHI) Pretax Margin % : 2.71% (As of Dec. 2023)

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What is Israel Shipyards Industries Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Israel Shipyards Industries's Pre-Tax Income for the three months ended in Dec. 2023 was ₪10 Mil. Israel Shipyards Industries's Revenue for the three months ended in Dec. 2023 was ₪358 Mil. Therefore, Israel Shipyards Industries's pretax margin for the quarter that ended in Dec. 2023 was 2.71%.

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

XTAE:ISHI' s Pretax Margin % Range Over the Past 10 Years
Min: 7.86 Med: 11.31 Max: 14.86
Current: 7.86

XTAE:ISHI's Pretax Margin % is ranked better than
60.07% of 303 companies
in the Aerospace & Defense industry
Industry Median: 5.72 vs XTAE:ISHI: 7.86

Israel Shipyards Industries Pretax Margin % Historical Data

The historical data trend for Israel Shipyards Industries'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.

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Israel Shipyards Industries Pretax Margin % Chart

Israel Shipyards Industries Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Pretax Margin %

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11.31

13.56

14.44

10.51

7.86

Israel Shipyards Industries Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Pretax Margin %	Get a 7-Day Free Trial															8.56	10.17	10.72	7.47	2.71

Competitive Comparison of Israel Shipyards Industries's Pretax Margin %

For the Aerospace & Defense subindustry, Israel Shipyards Industries'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.

Israel Shipyards Industries's Pretax Margin % Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Israel Shipyards Industries's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Israel Shipyards Industries's Pretax Margin % falls into.

Israel Shipyards Industries 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.

Israel Shipyards Industries's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Margin	=	Pre-Tax Income (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	120.308	/	1531.539
	=	7.86 %

Israel Shipyards Industries'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 )
	=	9.683	/	357.648
	=	2.71 %

Israel Shipyards Industries (XTAE:ISHI) 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.

Israel Shipyards Industries Pretax Margin % Related Terms

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Israel Shipyards Industries (XTAE:ISHI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Israel Shipyards Industries Ltd (XTAE:ISHI) » Definitions » Pretax Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Haifa Bay, P.O.B. 10630, Haifa, ISR, 2611702

Website

https://www.israel-shipyards.com

Israel Shipyards Industries Ltd is a ship building company. The company designs, renovates, and repairs ships and vessels. The product portfolio includes Fast-Attack Vessel, Patrol Vessel, Fast Patrol Craft, Merchant ships, Floating docks, Tugs, Service boats, and other products. Also, the company manufactures Pressure Vessels, Panamax Container Cranes, and Industrial Large Pressure Vessels.