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Commonwealth Bank of Australia (Commonwealth Bank of Australia) Pretax Margin % : 51.51% (As of Dec. 2023)


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What is Commonwealth Bank of Australia Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Commonwealth Bank of Australia's Pre-Tax Income for the six months ended in Dec. 2023 was $4,729 Mil. Commonwealth Bank of Australia's Revenue for the six months ended in Dec. 2023 was $9,181 Mil. Therefore, Commonwealth Bank of Australia's pretax margin for the quarter that ended in Dec. 2023 was 51.51%.

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

CMWAY' s Pretax Margin % Range Over the Past 10 Years
Min: 43.91   Med: 52.82   Max: 57.72
Current: 51.36


CMWAY's Pretax Margin % is ranked better than
84.22% of 1458 companies
in the Banks industry
Industry Median: 32.765 vs CMWAY: 51.36

Commonwealth Bank of Australia Pretax Margin % Historical Data

The historical data trend for Commonwealth Bank of Australia'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.

Commonwealth Bank of Australia Pretax Margin % Chart

Commonwealth Bank of Australia Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 49.05 43.91 52.54 57.72 52.91

Commonwealth Bank of Australia Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 56.48 58.10 54.71 51.20 51.51

Competitive Comparison of Commonwealth Bank of Australia's Pretax Margin %

For the Banks - Diversified subindustry, Commonwealth Bank of Australia'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.


Commonwealth Bank of Australia's Pretax Margin % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Commonwealth Bank of Australia's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Commonwealth Bank of Australia's Pretax Margin % falls into.



Commonwealth Bank of Australia 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.

Commonwealth Bank of Australia's Pretax Margin for the fiscal year that ended in Jun. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Jun. 2023 )/Revenue (A: Jun. 2023 )
=9626.174/18193.96
=52.91 %

Commonwealth Bank of Australia's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=4728.916/9181.392
=51.51 %

* 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.


Commonwealth Bank of Australia  (OTCPK:CMWAY) 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.


Commonwealth Bank of Australia Pretax Margin % Related Terms

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Commonwealth Bank of Australia (Commonwealth Bank of Australia) Business Description

Address
11 Harbour Street, Commonwealth Bank Place South, Level 1, Sydney, NSW, AUS, 2000
Commonwealth Bank is Australia's largest bank with operations spanning Australia, New Zealand, and Asia. Its core business is the provision of retail, business, and institutional banking services. The bank has emphasized its focus on banking in recent years with a numbers of asset divestments in wealth management and insurance.

Commonwealth Bank of Australia (Commonwealth Bank of Australia) Headlines

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