GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Gulf Bank KSC (KUW:GBK) » Definitions » Pretax Margin %

Gulf Bank KSC (KUW:GBK) Pretax Margin % : 27.98% (As of Mar. 2024)


View and export this data going back to 1984. Start your Free Trial

What is Gulf Bank KSC Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Gulf Bank KSC's Pre-Tax Income for the three months ended in Mar. 2024 was KWD13.5 Mil. Gulf Bank KSC's Revenue for the three months ended in Mar. 2024 was KWD48.3 Mil. Therefore, Gulf Bank KSC's pretax margin for the quarter that ended in Mar. 2024 was 27.98%.

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

KUW:GBK' s Pretax Margin % Range Over the Past 10 Years
Min: 19.12   Med: 27.76   Max: 39.32
Current: 36.53


KUW:GBK's Pretax Margin % is ranked better than
58.69% of 1462 companies
in the Banks industry
Industry Median: 32.775 vs KUW:GBK: 36.53

Gulf Bank KSC Pretax Margin % Historical Data

The historical data trend for Gulf Bank KSC'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.

Gulf Bank KSC Pretax Margin % Chart

Gulf Bank KSC 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 32.15 19.12 26.05 35.84 39.32

Gulf Bank KSC Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 39.09 42.35 39.38 36.72 27.98

Competitive Comparison of Gulf Bank KSC's Pretax Margin %

For the Banks - Regional subindustry, Gulf Bank KSC'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.


Gulf Bank KSC's Pretax Margin % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Gulf Bank KSC's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Gulf Bank KSC's Pretax Margin % falls into.



Gulf Bank KSC 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.

Gulf Bank KSC'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 )
=74.857/190.364
=39.32 %

Gulf Bank KSC's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=13.511/48.28
=27.98 %

* 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.


Gulf Bank KSC  (KUW:GBK) 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.


Gulf Bank KSC Pretax Margin % Related Terms

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


Gulf Bank KSC (KUW:GBK) Business Description

Traded in Other Exchanges
N/A
Address
Mubarak Al Kabir Street, P. O. Box 3200, Safat, Kuwait, KWT, 13032
Gulf Bank KSC is predominantly a Kuwait-based banking service company. The bank's business activities are mapped into two business lines which are Commercial Banking, Treasury & Investments. Commercial Banking engages in the acceptance of deposits from individuals, corporate and institutional customers, and providing consumer loans, overdrafts, credit card facilities, and funds transfer facilities to individuals; and other credit facilities to corporate and institutional customers. The Treasury & Investments segment provides money market, trading, and treasury services, as well as the management of the Bank's funding operations by use of Kuwait Government treasury bonds, government securities, placements, and acceptances with other banks.

Gulf Bank KSC (KUW:GBK) Headlines

No Headlines