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Spirax-Sarco Engineering (Spirax-Sarco Engineering) Pretax Margin % : 15.69% (As of Dec. 2023)


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What is Spirax-Sarco Engineering Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Spirax-Sarco Engineering's Pre-Tax Income for the six months ended in Dec. 2023 was $165 Mil. Spirax-Sarco Engineering's Revenue for the six months ended in Dec. 2023 was $1,053 Mil. Therefore, Spirax-Sarco Engineering's pretax margin for the quarter that ended in Dec. 2023 was 15.69%.

The historical rank and industry rank for Spirax-Sarco Engineering's Pretax Margin % or its related term are showing as below:

SPXSF' s Pretax Margin % Range Over the Past 10 Years
Min: 14.53   Med: 20.53   Max: 25.04
Current: 14.53


SPXSF's Pretax Margin % is ranked better than
79.34% of 2972 companies
in the Industrial Products industry
Industry Median: 6.515 vs SPXSF: 14.53

Spirax-Sarco Engineering Pretax Margin % Historical Data

The historical data trend for Spirax-Sarco Engineering'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.

Spirax-Sarco Engineering Pretax Margin % Chart

Spirax-Sarco Engineering Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.06 20.12 23.39 19.13 14.53

Spirax-Sarco Engineering Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 23.47 18.46 19.71 13.40 15.69

Competitive Comparison of Spirax-Sarco Engineering's Pretax Margin %

For the Specialty Industrial Machinery subindustry, Spirax-Sarco Engineering'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.


Spirax-Sarco Engineering's Pretax Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Spirax-Sarco Engineering's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Spirax-Sarco Engineering's Pretax Margin % falls into.



Spirax-Sarco Engineering 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.

Spirax-Sarco Engineering'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 )
=309.494/2129.873
=14.53 %

Spirax-Sarco Engineering'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 )
=165.19/1052.911
=15.69 %

* 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.


Spirax-Sarco Engineering  (OTCPK:SPXSF) 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.


Spirax-Sarco Engineering Pretax Margin % Related Terms

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Spirax-Sarco Engineering (Spirax-Sarco Engineering) Business Description

Traded in Other Exchanges
Address
Cirencester Road, Charlton House, Cheltenham, Gloucestershire, GBR, GL53 8ER
Spirax-Sarco is a global manufacturer of a wide range of applications for industrial and commercial steam systems, electric thermal solutions and peristaltic pumps used across multiple industries. The group operates across three segments and has over 110,000 direct customers across 130 countries. Approximately 85% of group sales are generated from recurring maintenance and small improvements to existing customer systems. Spirax-Sarco has 1,700 product lines and 2,100 sales and service engineers, who account for 25% of employees.

Spirax-Sarco Engineering (Spirax-Sarco Engineering) Headlines