Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Desktop Metal's Pre-Tax Income for the
three
months ended in Dec. 2023 was $-177.0 Mil. Desktop Metal's Revenue for the
three
months ended in Dec. 2023 was $52.3 Mil. Therefore, Desktop Metal's pretax margin for the quarter that ended in Dec. 2023 was -338.06%.
The historical rank and industry rank for Desktop Metal's Pretax Margin % or its related term are showing as below:
DM'
s Pretax Margin % Range Over the Past 10 Years
Min: -391.83 Med: -240.2 Max: -172.05
Current: -172.05
DM's Pretax Margin % is ranked worse than 96.39% of 2463
companies
in the Hardware industry
Industry Median: 3.59
vs DM: -172.05
Desktop Metal Pretax Margin % Historical Data
The historical data trend for Desktop Metal'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 Desktop Metal's Pretax Margin %
For the Computer Hardware subindustry, Desktop Metal'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.
Desktop Metal's Pretax Margin % Distribution in the Hardware Industry
For the Hardware industry and Technology sector, Desktop Metal's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Desktop Metal's Pretax Margin % falls into.
Desktop Metal 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.
Desktop Metal'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.
Desktop Metal (NYSE:DM) 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.
Desktop Metal Pretax Margin % Related Terms
Thank you for viewing the detailed overview of Desktop Metal's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Desktop Metal (Desktop Metal) Business Description
Desktop Metal Inc manufactures 3D printing to make metal and carbon fiber 3D printing accessible to all engineers, designers, and manufacturers. 3D metal printing helps in the design and development of automotive parts, consumer goods, manufacture of industrial equipment, and design of mechanical systems. The company ships its product to markets in the Americas, Europe Middle East and Africa (EMEA), and Asia Pacific (APAC).
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