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Grainturk Tarim (IST:GRTRK) Pretax Margin % : 18.32% (As of Dec. 2023)


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What is Grainturk Tarim Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Grainturk Tarim's Pre-Tax Income for the three months ended in Dec. 2023 was ₺227 Mil. Grainturk Tarim's Revenue for the three months ended in Dec. 2023 was ₺1,240 Mil. Therefore, Grainturk Tarim's pretax margin for the quarter that ended in Dec. 2023 was 18.32%.

The historical rank and industry rank for Grainturk Tarim's Pretax Margin % or its related term are showing as below:

IST:GRTRK' s Pretax Margin % Range Over the Past 10 Years
Min: 2.33   Med: 31.35   Max: 42.61
Current: 23.85


IST:GRTRK's Pretax Margin % is not ranked
in the Consumer Packaged Goods industry.
Industry Median: 4.23 vs IST:GRTRK: 23.85

Grainturk Tarim Pretax Margin % Historical Data

The historical data trend for Grainturk Tarim'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.

Grainturk Tarim Pretax Margin % Chart

Grainturk Tarim Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Pretax Margin %
2.33 42.61 38.85 23.85

Grainturk Tarim Quarterly Data
Dec20 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only 40.76 3.25 -8.91 46.74 18.32

Competitive Comparison of Grainturk Tarim's Pretax Margin %

For the Farm Products subindustry, Grainturk Tarim'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.


Grainturk Tarim's Pretax Margin % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Grainturk Tarim's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Grainturk Tarim's Pretax Margin % falls into.



Grainturk Tarim 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.

Grainturk Tarim'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 )
=541.983/2272.747
=23.85 %

Grainturk Tarim'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 )
=227.206/1240.068
=18.32 %

* 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.


Grainturk Tarim  (IST:GRTRK) 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.


Grainturk Tarim Pretax Margin % Related Terms

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Grainturk Tarim (IST:GRTRK) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Levent Caddesi Krizantem Sokak No: 15, Levent, Istanbul, TUR, 34330
Grainturk Tarim is mainly engaged in the purchase and sale of agricultural products, mainly wheat, corn, barley, sunflower seeds, soybean, and cotton. through its subsidiaries firm also provides services for the storage of the said products within the scope of licensed warehousing.

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