Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. ORBCOMM's Pre-Tax Income for the
three
months ended in Jun. 2021 was $-6.8 Mil. ORBCOMM's Revenue for the
three
months ended in Jun. 2021 was $65.9 Mil. Therefore, ORBCOMM's pretax margin for the quarter that ended in Jun. 2021 was -10.36%.
The historical rank and industry rank for ORBCOMM's Pretax Margin % or its related term are showing as below:
ORBC's Pretax Margin % is not ranked *
in the Telecommunication Services industry.
Industry Median: 5.77 * Ranked among companies with meaningful Pretax Margin % only.
ORBCOMM Pretax Margin % Historical Data
The historical data trend for ORBCOMM'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 ORBCOMM's Pretax Margin %
For the Telecom Services subindustry, ORBCOMM'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.
ORBCOMM's Pretax Margin % Distribution in the Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, ORBCOMM's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where ORBCOMM's Pretax Margin % falls into.
ORBCOMM 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.
ORBCOMM's Pretax Margin for the fiscal year that ended in Dec. 2020 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.
ORBCOMM (NAS:ORBC) 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.
ORBCOMM Pretax Margin % Related Terms
Thank you for viewing the detailed overview of ORBCOMM's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
ORBCOMM Inc is a satellite communications company that primarily provides machine-to-machine communication, which is designed to track, monitor, and control fixed and mobile assets. The company operates in such markets as transportation and distribution, heavy equipment, industrial fixed assets, oil and gas, maritime, mining, and government. The company earns revenue across the United States, South America, Japan, and Europe, with the majority from the U.S. The company owns telecommunications infrastructure, specifically low Earth orbit satellites and accompanying ground infrastructure.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
ORBC has been successfully added to your 