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Cementos Argos S.A. (Cementos Argos S.A.) Pretax Margin % : 9.30% (As of Sep. 2023)


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What is Cementos Argos S.A. Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Cementos Argos S.A.'s Pre-Tax Income for the three months ended in Sep. 2023 was $71 Mil. Cementos Argos S.A.'s Revenue for the three months ended in Sep. 2023 was $761 Mil. Therefore, Cementos Argos S.A.'s pretax margin for the quarter that ended in Sep. 2023 was 9.30%.

The historical rank and industry rank for Cementos Argos S.A.'s Pretax Margin % or its related term are showing as below:

CMTOY' s Pretax Margin % Range Over the Past 10 Years
Min: 2.46   Med: 6.32   Max: 8.8
Current: 5.64


CMTOY's Pretax Margin % is ranked worse than
54.86% of 381 companies
in the Building Materials industry
Industry Median: 7.37 vs CMTOY: 5.64

Cementos Argos S.A. Pretax Margin % Historical Data

The historical data trend for Cementos Argos S.A.'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.

Cementos Argos S.A. Pretax Margin % Chart

Cementos Argos S.A. Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.92 3.66 2.46 8.33 4.97

Cementos Argos S.A. Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 6.50 4.80 3.91 4.78 9.30

Competitive Comparison of Cementos Argos S.A.'s Pretax Margin %

For the Building Materials subindustry, Cementos Argos S.A.'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.


Cementos Argos S.A.'s Pretax Margin % Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Cementos Argos S.A.'s Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Cementos Argos S.A.'s Pretax Margin % falls into.



Cementos Argos S.A. 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.

Cementos Argos S.A.'s Pretax Margin for the fiscal year that ended in Dec. 2022 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2022 )/Revenue (A: Dec. 2022 )
=121.696/2449.826
=4.97 %

Cementos Argos S.A.'s Pretax Margin for the quarter that ended in Sep. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Sep. 2023 )/Revenue (Q: Sep. 2023 )
=70.767/761.215
=9.30 %

* 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.


Cementos Argos S.A.  (OTCPK:CMTOY) 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.


Cementos Argos S.A. Pretax Margin % Related Terms

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Cementos Argos S.A. (Cementos Argos S.A.) Business Description

Traded in Other Exchanges
Address
Carrera 53 No. 106 - 280, Centro Empresarial Buenavista, Piso 17, Barranquilla, COL
Cementos Argos S.A. is a cement producing company. In terms of the concrete business it is Colombia's leading producer and the second-largest producer in the United States. The company's corporate purpose is the exploitation of the cement industry, the production of concrete mixes and any other materials or items made of cement, lime or clay, the acquisition and exploitation of minerals or deposits of exploitable minerals in the cement industry and similar rights to explore and mine the aforementioned minerals, whether by concession, privilege, lease or other title.

Cementos Argos S.A. (Cementos Argos S.A.) Headlines

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