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America MovilB de CV (America MovilB de CV) Pretax Margin % : 13.31% (As of Mar. 2024)


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What is America MovilB de CV Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. America MovilB de CV's Pre-Tax Income for the three months ended in Mar. 2024 was $1,630 Mil. America MovilB de CV's Revenue for the three months ended in Mar. 2024 was $12,250 Mil. Therefore, America MovilB de CV's pretax margin for the quarter that ended in Mar. 2024 was 13.31%.

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

AMX' s Pretax Margin % Range Over the Past 10 Years
Min: 2.41   Med: 10.01   Max: 15.9
Current: 12.28


AMX's Pretax Margin % is ranked better than
65.45% of 382 companies
in the Telecommunication Services industry
Industry Median: 5.77 vs AMX: 12.28

America MovilB de CV Pretax Margin % Historical Data

The historical data trend for America MovilB de CV'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.

America MovilB de CV Pretax Margin % Chart

America MovilB de CV 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 12.96 6.45 12.62 15.90 14.79

America MovilB de CV 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 21.30 18.86 3.96 13.05 13.31

Competitive Comparison of America MovilB de CV's Pretax Margin %

For the Telecom Services subindustry, America MovilB de CV'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.


America MovilB de CV's Pretax Margin % Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, America MovilB de CV's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where America MovilB de CV's Pretax Margin % falls into.



America MovilB de CV 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.

America MovilB de CV'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 )
=7111.125/48073.588
=14.79 %

America MovilB de CV'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 )
=1629.826/12249.571
=13.31 %

* 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.


America MovilB de CV  (NYSE:AMX) 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.


America MovilB de CV Pretax Margin % Related Terms

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America MovilB de CV (America MovilB de CV) Business Description

Address
Lago Zurich 245, Plaza Carso / Edificio Telcel, Colonia Ampliacion Granada, Delegacion Miguel Hidalgo, Piso 16, Mexico City, DF, MEX, 11529
America Movil is the largest telecom carrier in Latin America, serving about 300 million wireless customers across the region. It also provides fixed-line phone, internet access, and television services in most of the countries it serves. Mexico is the firm's largest market, providing about 35% of service revenue. Movil dominates the Mexican wireless market with more than 60% customer share and also serves about half of fixed-line internet access customers in the country. Brazil, its second most important market, provides about 20% of service revenue. Movil sold its low-margin wireless resale business in the U.S. to Verizon in 2021 and now owns a 1.4% stake in the U.S. telecom giant. The firm also holds a 57% stake in Telekom Austria and a 16% stake in Dutch carrier KPN.