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VBG Group AB (OSTO:VBG B) Pretax Margin % : 16.31% (As of Mar. 2024)


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What is VBG Group AB Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. VBG Group AB's Pre-Tax Income for the three months ended in Mar. 2024 was kr250 Mil. VBG Group AB's Revenue for the three months ended in Mar. 2024 was kr1,535 Mil. Therefore, VBG Group AB's pretax margin for the quarter that ended in Mar. 2024 was 16.31%.

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

OSTO:VBG B' s Pretax Margin % Range Over the Past 10 Years
Min: 9.5   Med: 10.66   Max: 14.16
Current: 14.16


OSTO:VBG B's Pretax Margin % is ranked better than
87.76% of 1283 companies
in the Vehicles & Parts industry
Industry Median: 4.44 vs OSTO:VBG B: 14.16

VBG Group AB Pretax Margin % Historical Data

The historical data trend for VBG Group AB'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.

VBG Group AB Pretax Margin % Chart

VBG Group AB 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 10.66 10.37 12.22 10.65 13.27

VBG Group AB 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 12.89 12.49 15.06 12.65 16.31

Competitive Comparison of VBG Group AB's Pretax Margin %

For the Auto Parts subindustry, VBG Group AB'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.


VBG Group AB's Pretax Margin % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, VBG Group AB's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where VBG Group AB's Pretax Margin % falls into.



VBG Group AB 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.

VBG Group AB'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 )
=761.886/5739.756
=13.27 %

VBG Group AB'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 )
=250.3/1535
=16.31 %

* 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.


VBG Group AB  (OSTO:VBG B) 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.


VBG Group AB Pretax Margin % Related Terms

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VBG Group AB (OSTO:VBG B) Business Description

Traded in Other Exchanges
Address
Kungsgatan 57, Box 1216, Trollhattan, SWE, SE-461 34
VBG Group AB is an international industrial group. The Parent Company VBG Group AB is a long-term owner that provides active management of the Group's three wholly owned divisions through considerable industrial expertise, a strong corporate culture and financial resilience. The Group's divisions - Truck & Trailer Equipment, Mobile Thermal Solutions and Ringfeder Power Transmission - develop, manufacture, market and sell products under strong, well-known brands all over the world.

VBG Group AB (OSTO:VBG B) Headlines

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