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GuruFocus has detected 5 Warning Signs with GlaxoSmithKline PLC $GSK.
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GlaxoSmithKline PLC (NYSE:GSK)
Pre-Tax Income
$3,664 Mil (TTM As of Mar. 2017)

Pretax income is the income that a company earns before paying income taxes. GlaxoSmithKline PLC's pretax income for the three months ended in Mar. 2017 was $1,914 Mil. Its pretax income for the trailing twelve months (TTM) ended in Mar. 2017 was $3,664 Mil. GlaxoSmithKline PLC's pretax margin was 20.99%.

During the past 13 years, GlaxoSmithKline PLC's highest Pretax Margin was 44.00%. The lowest was 6.95%. And the median was 26.21%.


Definition

This is the income that a company earns before paying income taxes.

GlaxoSmithKline PLC's Pretax Income for the fiscal year that ended in Dec. 2016 is calculated as

Pretax Income=Operating Income+Non-Recurring Items+Interest Expense+Interest Income+Other
=3243.44569288+-34.9563046192+-875.156054931+87.3907615481+4.54747350886E-13
=2,421

GlaxoSmithKline PLC's Pretax Income for the quarter that ended in Mar. 2017 is calculated as

Pretax Income=Operating Income+Non-Recurring Items+Interest Expense+Interest Income+Other
=2120.98765432+6.17283950617+-239.50617284+25.9259259259+2.27373675443E-13
=1,914

GlaxoSmithKline PLC Pre-Tax Income for the trailing twelve months (TTM) ended in Mar. 2017 was -451.704545455 (Jun. 2016 ) + 1674.1130092 (Sep. 2016 ) + 528.08988764 (Dec. 2016 ) + 1913.58024691 (Mar. 2017 ) = $3,664 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Explanation

GlaxoSmithKline PLC's Pretax Margin for the quarter that ended in Mar. 2017 is calculated as

Pretax Margin=Pretax Income/Revenue
=1913.58024691/9116.04938272
=20.99%

During the past 13 years, GlaxoSmithKline PLC's highest Pretax Margin was 44.00%. The lowest was 6.95%. And the median was 26.21%.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Related Terms

Operating Income, Interest Expense, Interest Income, Non-Recurring Items, Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

GlaxoSmithKline PLC Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
Pretax Income 15,1959,89512,8104,92511,99110,66210,8974,64515,7572,421

GlaxoSmithKline PLC Quarterly Data

Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16Mar17
Pretax Income 83114,8332371,330-623798-4521,6745281,914
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