GURUFOCUS.COM » STOCK LIST » Technology » Software » CCC Intelligent Solutions Holdings Inc (NAS:CCCS) » Definitions » Pretax Margin %

CCCS (CCC Intelligent Solutions Holdings) Pretax Margin % : 11.07% (As of Jun. 2024)


View and export this data going back to 2021. Start your Free Trial

What is CCC Intelligent Solutions Holdings Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. CCC Intelligent Solutions Holdings's Pre-Tax Income for the three months ended in Jun. 2024 was $25.8 Mil. CCC Intelligent Solutions Holdings's Revenue for the three months ended in Jun. 2024 was $232.6 Mil. Therefore, CCC Intelligent Solutions Holdings's pretax margin for the quarter that ended in Jun. 2024 was 11.07%.

The historical rank and industry rank for CCC Intelligent Solutions Holdings's Pretax Margin % or its related term are showing as below:

CCCS' s Pretax Margin % Range Over the Past 10 Years
Min: -45.06   Med: -9.76   Max: 6.37
Current: 3.8


CCCS's Pretax Margin % is ranked better than
52.57% of 2758 companies
in the Software industry
Industry Median: 3.045 vs CCCS: 3.80

CCC Intelligent Solutions Holdings Pretax Margin % Historical Data

The historical data trend for CCC Intelligent Solutions Holdings'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.

CCC Intelligent Solutions Holdings Pretax Margin % Chart

CCC Intelligent Solutions Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
-45.06 -3.40 -39.94 6.37 -9.76

CCC Intelligent Solutions Holdings Quarterly Data
Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 -47.06 -8.77 14.46 -2.13 11.07

Competitive Comparison of CCC Intelligent Solutions Holdings's Pretax Margin %

For the Software - Application subindustry, CCC Intelligent Solutions Holdings'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.


CCC Intelligent Solutions Holdings's Pretax Margin % Distribution in the Software Industry

For the Software industry and Technology sector, CCC Intelligent Solutions Holdings's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where CCC Intelligent Solutions Holdings's Pretax Margin % falls into.



CCC Intelligent Solutions Holdings 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.

CCC Intelligent Solutions Holdings'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 )
=-84.547/866.378
=-9.76 %

CCC Intelligent Solutions Holdings's Pretax Margin for the quarter that ended in Jun. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Jun. 2024 )/Revenue (Q: Jun. 2024 )
=25.752/232.618
=11.07 %

* 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.


CCC Intelligent Solutions Holdings  (NAS:CCCS) 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.


CCC Intelligent Solutions Holdings Pretax Margin % Related Terms

Thank you for viewing the detailed overview of CCC Intelligent Solutions Holdings's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


CCC Intelligent Solutions Holdings Business Description

Traded in Other Exchanges
N/A
Address
167 N. Green Street, 9th Floor, Chicago, IL, USA, 60607
CCC Intelligent Solutions Holdings Inc is a provider of cloud, mobile, AI, telematics, hyperscale technologies and applications for the property and casualty insurance economy. The company's SaaS platform connects trading partners, facilitates commerce, and supports mission-critical, and AI-enabled digital workflows. The company generate revenue through the sale of software subscriptions and other revenue, primarily from professional services. The company has its presence in United States and China. Majority of the revenue is generated from United States.
Executives
Michael John Silva officer: See Remarks 222 MERCHANDISE MART PLAZA, SUITE 900, CHICAGO IL 60654
Mary Jo Prigge officer: See Remarks
John Page Goodson officer: Chief Technology Officer 14 OAK PARK DRIVE, BEDFORD MA 01730
Eileen Schloss director C/O MEDIDATA SOLUTIONS, INC., 79 FIFTH AVENUE, 8TH FLOOR, NEW YORK NY 10003
Brian Herb officer: See Remarks 222 MERCHANDISE MART PLAZA, SUITE 900, CHICAGO IL 60654
Rodney Christo officer: Chief Accounting Officer 222 MERCHANDISE MART PLAZA, SUITE 900, CHICAGO IL 60654
Githesh Ramamurthy director, officer: See Remarks CCC INFORMATION SERVICES INC, 444 MERCHANDISE MART, CHICAGO IL 60654
Advent International Corp/ma director, 10 percent owner 800 BOYLSTON STREET SUITE 3300, BOSTON MA 02199
Eric Wei director C/O ADVENT INTERNATIONAL, PRUDENTIAL TOWER, 800 BOYLSTON STREET, BOSTON MA 02199
Lauren Young director C/O ADVENT INTERNATIONAL, PRUDENTIAL TOWER, 800 BOYLSTON STREET, BOSTON MA 02199
Christopher Egan director 800 BOYLSTON STREET SUITE 3300, BOSTON MA 02199
Marc Fredman officer: See Remarks 222 MERCHANDISE MART PLAZA, SUITE 900, CHICAGO IL 60654
Advent International Gp, Llc director, 10 percent owner 800 BOYLSTON STREET SUITE 3300, BOSTON MA 02199
William Ingram director C/O LEAP WIRELESS INTERNATIONAL, INC., 5887 COPLEY DRIVE, SAN DIEGO CA 92111
Cypress Investor Holdings, Lp director, 10 percent owner PRUDENTIAL TOWER, 800 BOYLSTON STREET, BOSTON MA 02199