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OCI (XKRX:456040) Pretax Margin % : 8.74% (As of Mar. 2024)


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What is OCI Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. OCI's Pre-Tax Income for the three months ended in Mar. 2024 was ₩47,207 Mil. OCI's Revenue for the three months ended in Mar. 2024 was ₩540,314 Mil. Therefore, OCI's pretax margin for the quarter that ended in Mar. 2024 was 8.74%.

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

XKRX:456040' s Pretax Margin % Range Over the Past 10 Years
Min: 4.88   Med: 4.88   Max: 6.17
Current: 6.17


XKRX:456040's Pretax Margin % is ranked better than
51.95% of 514 companies
in the Conglomerates industry
Industry Median: 5.565 vs XKRX:456040: 6.17

OCI Pretax Margin % Historical Data

The historical data trend for OCI'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.

OCI Pretax Margin % Chart

OCI Annual Data
Trend Dec23
Pretax Margin %
4.88

OCI Quarterly Data
Jun23 Sep23 Dec23 Mar24
Pretax Margin % - 5.51 3.97 8.74

Competitive Comparison of OCI's Pretax Margin %

For the Conglomerates subindustry, OCI'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.


OCI's Pretax Margin % Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, OCI's Pretax Margin % distribution charts can be found below:

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



OCI 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.

OCI'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 )
=62908.826/1288825.675
=4.88 %

OCI'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 )
=47207.486/540314.471
=8.74 %

* 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.


OCI  (XKRX:456040) 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.


OCI Pretax Margin % Related Terms

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OCI (XKRX:456040) Business Description

Traded in Other Exchanges
N/A
Address
94, Sogong-ro, Jung-gu, Seoul, KOR, 100-718
OCI is engaged in Solar PV Business, ESS (Energy Storage System), Cogeneration, Urban development projects, and Pharmaceutical-Bio business. The company will operate in Korea, China, and the United States.

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