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Altius Minerals (Altius Minerals) Pretax Margin % : 37.35% (As of Mar. 2024)


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What is Altius Minerals Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Altius Minerals's Pre-Tax Income for the three months ended in Mar. 2024 was $3.84 Mil. Altius Minerals's Revenue for the three months ended in Mar. 2024 was $10.28 Mil. Therefore, Altius Minerals's pretax margin for the quarter that ended in Mar. 2024 was 37.35%.

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

ATUSF' s Pretax Margin % Range Over the Past 10 Years
Min: -1251.1   Med: -9.73   Max: 55.3
Current: 18


ATUSF's Pretax Margin % is ranked better than
82.54% of 859 companies
in the Metals & Mining industry
Industry Median: 0.64 vs ATUSF: 18.00

Altius Minerals Pretax Margin % Historical Data

The historical data trend for Altius Minerals'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.

Altius Minerals Pretax Margin % Chart

Altius Minerals Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 33.35 -31.68 55.30 50.82 22.21

Altius Minerals 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 42.67 27.18 22.88 -18.37 37.35

Competitive Comparison of Altius Minerals's Pretax Margin %

For the Other Industrial Metals & Mining subindustry, Altius Minerals'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.


Altius Minerals's Pretax Margin % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Altius Minerals's Pretax Margin % distribution charts can be found below:

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



Altius Minerals 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.

Altius Minerals'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 )
=11.417/51.399
=22.21 %

Altius Minerals'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 )
=3.838/10.276
=37.35 %

* 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.


Altius Minerals  (OTCPK:ATUSF) 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.


Altius Minerals Pretax Margin % Related Terms

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Altius Minerals (Altius Minerals) Business Description

Traded in Other Exchanges
Address
38 Duffy Place, 2nd Floor, St. John's, NL, CAN, A1B 4M5
Altius Minerals Corp is engaged in the business of obtaining diversified mining royalty. It holds interests in mining operations that produce metals and minerals such as copper, zinc, nickel, cobalt, gold, silver, and potash. The corporation also holds other pre-development stage royalty interests and various earlier stage royalties. It is engaged in the operating segments of Mineral Royalties, Renewable Royalties and Project Generation.