But chief exec Michael O'Leary said the airline had cut fares while maintaining a "world-leading" after-tax profit margin
A recent survey asked high-school graduates to estimate the after-tax profit margin
at an average company.
After-tax profit margin
, or return on revenue, is an important measure of profitability for the A&H industry; A&H insurers typically do not maintain large volumes of reserves or assets due to the short-term nature of their liabilities.
American Medical Systems (NASDAQ:AMMD) has reported an after-tax profit margin
of 17%+ on the past three quarters.
Our ongoing focus on expense management, however, enabled us to continue to rebuild our marketing investment, reinstate our 401(k) match, and allow for a heightened level of employee bonuses while achieving a fifth consecutive quarter of improved net income and a fourth consecutive quarterly after-tax profit margin
in excess of 12%.
While restructuring charges kept net income essentially flat between the second and third quarters, our continued expense discipline enabled us to achieve an after-tax profit margin
in excess of 12% for a second straight quarter.
3% after-tax profit margin
, our highest since the first quarter of 2000.
losses from unconsolidated investees (4) 31% 25% After-tax profit margin
(5) 21% 16% Number of employees (6) 37,435 40,424 (7%) (1) Includes the elimination of intersegment activity.
securities subject to mandatory redemption 47 21 124% Net income $ 825 $ 264 * Pre-tax profit margin (1) 41% 19% After-tax profit margin
(2) 30% 12% (1) Income before taxes, less dividends on preferred securities as a % of net revenues.
losses from unconsolidated investees (2) 41% 38% After-tax profit margin
(3) 29% 24% (1) Income before taxes, less losses from unconsolidated investees and dividends on preferred securities, as a % of net revenues.
First quarter results represent the third consecutive quarter of sequential improvement in net sales and a return to a 20 percent or better net after-tax profit margin
This follows a strong improvement in the past fiscal year when the after-tax profit margin
rose to 3.