|
|
Tire Manufacturing Industry Profitability
Profitability Information & Trends 
Industry: Tire Manufacturing ▼
|
Category:
|
|
Tire Manufacturing Industry Profitability Ratios |
4 Q 2024 |
4 Q 2023 |
2 Q 2023 |
1 Q 2023 |
4 Q 2022 |
|
Q4 2024 |
Q4 2023 |
Q2 2023 |
Q1 2023 |
Q4 2022 |
Gross Margin |
19.99 % |
20.45 % |
15.29 % |
15.14 % |
16.08 % |
Gross Margin Annual (TTM) |
19.61 % |
17.49 % |
16.41 % |
17.55 % |
18.51 % |
Gross Margin Ranking |
# 92 |
# 92 |
# 100 |
# 101 |
# 97 |
EBITDA Margin |
9.62 % |
1.47 % |
3.86 % |
5.67 % |
5.15 % |
EBITDA Margin Annual (TTM) |
9.22 % |
4.34 % |
5.89 % |
7.79 % |
8.79 % |
EBITDA Margin Ranking |
# 71 |
# 96 |
# 97 |
# 91 |
# 89 |
Operating Margin |
5.32 % |
- |
- |
1.05 % |
2.23 % |
Operating Margin Annual (TTM) |
3.76 % |
- |
1.96 % |
3.52 % |
4.45 % |
Operating Margin Ranking |
# 84 |
# 103 |
# 100 |
# 98 |
# 90 |
Pre-Tax Margin |
1.86 % |
- |
- |
- |
- |
Pre-Tax Margin Annual (TTM) |
0.82 % |
- |
- |
0.79 % |
1.92 % |
Pre-Tax Margin Ranking |
# 92 |
# 101 |
# 100 |
# 98 |
# 92 |
Net Margin |
1.46 % |
- |
- |
- |
- |
Net Margin Annual (TTM) |
0.32 % |
- |
- |
0.07 % |
1 % |
Net Margin Ranking |
# 93 |
# 101 |
# 101 |
# 98 |
# 93 |
Comment on the 4 Q 2024 Gross Margin within the Tire Manufacturing Industry |
Tire Manufacturing Industry experienced contraction in Gross Profits by -25.18 % and Revenue by -14.03 %, while Gross Margin fell to -14.03 % below Industry's average Gross Margin.
On the trailing twelve months basis gross margin in 4 Q 2024 grew to 19.61 %.
Within Consumer Discretionary sector 5 other industries have achieved higher gross margin. Total ranking remained unchanged compare to previous quarter at no. 92. |
Note, Numbers include only companies who have reported earnings results. Numbers change as more businesses report financial results. See the full List.
Gross Margin Statistics |
High |
Average |
Low |
28.3 % |
21.32 % |
-0.23 % |
3. quarter 2015 |
|
2. quarter 2020 |
Gross Margin Industry Ranking |
Within: |
No. |
Consumer Discretionary Sector |
# 6 |
Overall |
# 92
|
Tire Manufacturing Industry EBITDA Margin Statistics
|
|
|
EBITDA Margin Statistics |
High |
Average |
Low |
19.53 % |
9.2 % |
-18.31 % |
3. quarter 2018 |
|
2. quarter 2020 |
EBITDA Margin Industry Ranking |
Within: |
No. |
Consumer Discretionary Sector |
# 4 |
Overall |
# 71
|
EBITDA Margin Comment on the 4 Q 2024 within the Tire Manufacturing Industry |
Despite sequential Revenue deterioration in 4 Q 2024 of -14.03 % Tire Manufacturing Industry managed to reduce operating costs and increase Ebitda by 9.66 %. Ebitda Margin grew to 9.62 % above Industry average Ebitda Margin.
On the trailing twelve months basis Ebitda Margin in 4 Q 2024 grew to 9.22 %.
Within Consumer Discretionary sector 3 other industries have achieved higher ebitda margin. Ebitda margin total ranking has impoved so far to 71, from total ranking in previous quarter at 96. |
|
Tire Manufacturing Industry Operating Margin
Statistics |
|
Operating Margin Comment on the 4 Q 2024 within the Tire Manufacturing Industry |
Despite sequential Revenue deterioration in 4 Q 2024 of -14.03 % Tire Manufacturing Industry managed to reduce operating costs and turn into profitability by achiving a Operating Profit compare to operating loss realized in previous quarter. Industry achieved Operating Margin of 5.32 % above Industry average Operating Margin.
On the trailing twelve months basis operating margin in 4 Q 2024 grew to 3.76 %.
Within Consumer Discretionary sector 5 other industries have achieved higher operating margin. Operating margin total ranking has impoved so far to 84, from total ranking in previous quarter at 103. |
Operating Margin Statistics |
High |
Average |
Low |
14.83 % |
5.07 % |
-28.96 % |
2. quarter 2016 |
|
2. quarter 2020 |
Operating Margin Industry Ranking |
Within: |
No. |
Consumer Discretionary Sector |
# 6 |
Overall |
# 84
|
|
|
Tire Manufacturing Industry Pre-Tax Margin Statistics
|
|
|
Pre-Tax Margin Statistics |
High |
Average |
Low |
14.3 % |
2.54 % |
-33.91 % |
2. quarter 2016 |
|
2. quarter 2020 |
Comment on the 4 Q 2024 Pre-Tax Margin in the Tire Manufacturing Industry |
Despite sequential Revenue deterioration in 4 Q 2024 of -14.03 % Tire Manufacturing Industry managed to reduce total costs and turn into profitability compare to Pre-Tax Loss realized in previous quarter. Industry achieved Pre-Tax Margin of 1.86 % below Industry average Pre-Tax Margin.
On the trailing twelve months basis Pre-Tax Margin in 4 Q 2024 grew to 0.82 %.
Within Consumer Discretionary sector 6 other industries have achieved higher Pre-Tax Margin. Pre-Tax Margin total ranking has impoved so far to 92, from total ranking in previous quarter at 101. |
Pre-Tax Margin Industry Ranking |
Within: |
No. |
Consumer Discretionary Sector |
# 7 |
Overall |
# 92
|
|
Tire Manufacturing Industry Net Margin Statistics |
|
Net Margin Comment on the 4 Q 2024 in the Tire Manufacturing Industry |
Despite sequential Revenue deterioration in 4 Q 2024 of -14.03 % Tire Manufacturing Industry managed to reduce total costs and turn into profitability by achiving a Net Profit compare to Net loss realized in previous quarter. Industry achieved Net Margin of 1.46 % below Industry average Net Margin.
On the trailing twelve months basis Net margin in 4 Q 2024 grew to 0.32 %.
Within Consumer Discretionary sector 5 other industries have achieved higher Net margin. Net margin total ranking has impoved so far to 93, from total ranking in previous quarter at 101. |
Net Margin Statistics |
High |
Average |
Low |
48.88 % |
2.54 % |
-26.84 % |
4. quarter 2014 |
|
2. quarter 2020 |
Net
Margin Industry Ranking |
Within: |
No. |
Consumer Discretionary Sector |
# 6 |
Overall |
# 93
|
|
|
|
|
CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research.
Copyright © 2025 CSIMarket, Inc. All rights
reserved.
Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com