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Saras SpA (LTS:0O2D) Pretax Margin % : 3.47% (As of Mar. 2024)


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What is Saras SpA Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Saras SpA's Pre-Tax Income for the three months ended in Mar. 2024 was €105 Mil. Saras SpA's Revenue for the three months ended in Mar. 2024 was €3,023 Mil. Therefore, Saras SpA's pretax margin for the quarter that ended in Mar. 2024 was 3.47%.

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

LTS:0O2D' s Pretax Margin % Range Over the Past 10 Years
Min: -6.85   Med: 2.76   Max: 5.64
Current: 3.7


LTS:0O2D's Pretax Margin % is ranked worse than
56.13% of 978 companies
in the Oil & Gas industry
Industry Median: 6.035 vs LTS:0O2D: 3.70

Saras SpA Pretax Margin % Historical Data

The historical data trend for Saras SpA'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.

Saras SpA Pretax Margin % Chart

Saras SpA 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 0.38 -6.85 0.38 5.64 3.70

Saras SpA 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 5.68 -1.22 7.14 1.06 3.47

Competitive Comparison of Saras SpA's Pretax Margin %

For the Oil & Gas Refining & Marketing subindustry, Saras SpA'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.


Saras SpA's Pretax Margin % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Saras SpA's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Saras SpA's Pretax Margin % falls into.



Saras SpA 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.

Saras SpA'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 )
=420.909/11373.826
=3.70 %

Saras SpA'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 )
=105.043/3023.139
=3.47 %

* 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.


Saras SpA  (LTS:0O2D) 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.


Saras SpA Pretax Margin % Related Terms

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Saras SpA (LTS:0O2D) Business Description

Traded in Other Exchanges
Address
S.S. 195 Sulcitana, Km 19, Cagliari, Sarroch, ITA, 09018
Saras SpA is a processor of crude oil and marketer and distributor of petroleum byproducts. Refining operations are conducted at facilities located near the Mediterranean Sea. Majority of the refineries production is medium and light distillates with low environmental impact (mainly diesel and gasoline). Under Saras Trading, the company purchases crude oils and other feedstock for the refinery, sells the refined oil, and participates in third party trading. Products sold and distributed by Saras and its subsidiaries include diesel, gasoline, heating oil, liquefied petroleum gas, naphtha, and aviation fuel. Products are sold primarily on Spanish and Italian markets. Additional services include wind farm operations, and engineering and scientific research services.

Saras SpA (LTS:0O2D) Headlines

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