GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Kumba Iron Ore Ltd (OTCPK:KIROY) » Definitions » Pretax Margin %

Kumba Iron Ore (Kumba Iron Ore) Pretax Margin % : 48.56% (As of Dec. 2023)


View and export this data going back to 2006. Start your Free Trial

What is Kumba Iron Ore Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Kumba Iron Ore's Pre-Tax Income for the six months ended in Dec. 2023 was $1,250 Mil. Kumba Iron Ore's Revenue for the six months ended in Dec. 2023 was $2,574 Mil. Therefore, Kumba Iron Ore's pretax margin for the quarter that ended in Dec. 2023 was 48.56%.

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

KIROY' s Pretax Margin % Range Over the Past 10 Years
Min: 5.66   Med: 42.45   Max: 58.77
Current: 47.25


KIROY's Pretax Margin % is ranked better than
97.68% of 603 companies
in the Steel industry
Industry Median: 3.74 vs KIROY: 47.25

Kumba Iron Ore Pretax Margin % Historical Data

The historical data trend for Kumba Iron Ore'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.

Kumba Iron Ore Pretax Margin % Chart

Kumba Iron Ore Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 45.50 51.44 58.77 36.16 47.25

Kumba Iron Ore Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 Premium Member Only Premium Member Only Premium Member Only 38.97 47.91 19.91 45.61 48.56

Competitive Comparison of Kumba Iron Ore's Pretax Margin %

For the Steel subindustry, Kumba Iron Ore'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.


Kumba Iron Ore's Pretax Margin % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Kumba Iron Ore's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Kumba Iron Ore's Pretax Margin % falls into.



Kumba Iron Ore 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.

Kumba Iron Ore'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 )
=2186.843/4628.075
=47.25 %

Kumba Iron Ore'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 )
=1249.893/2573.687
=48.56 %

* 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.


Kumba Iron Ore  (OTCPK:KIROY) 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.


Kumba Iron Ore Pretax Margin % Related Terms

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


Kumba Iron Ore (Kumba Iron Ore) Business Description

Traded in Other Exchanges
Address
144 Oxford Road, Rosebank, Melrose, Johannesburg, GT, ZAF, 2196
Kumba Iron Ore Ltd is engaged in the exploration, mining, processing blending and sale of iron ore to the global steel industry. The company primarily operates in South Africa, with mining operations in the Northern Cape and Limpopo provinces, as well as a head office in Centurion, Gauteng, and a port operation in Saldanha Bay, Western Cape. The company's flagship asset is the Sishen mine, which it holds a majority stake, located near the town of Kathu in the Northern Cape Province. The Sishen mine is an opencast mine and produces the bulk of the group's iron ore, most of which is exported. It also holds interest in Kolomela mine.

Kumba Iron Ore (Kumba Iron Ore) Headlines

From GuruFocus