Iamgold (Iamgold) Pretax Margin % : -2.18% (As of Dec. 2023)

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What is Iamgold Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Iamgold's Pre-Tax Income for the three months ended in Dec. 2023 was $-6.5 Mil. Iamgold's Revenue for the three months ended in Dec. 2023 was $297.6 Mil. Therefore, Iamgold's pretax margin for the quarter that ended in Dec. 2023 was -2.18%.

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

IAG' s Pretax Margin % Range Over the Past 10 Years
Min: -85.47 Med: 2.86 Max: 55.54
Current: 12.87

IAG's Pretax Margin % is ranked better than
76.42% of 861 companies
in the Metals & Mining industry
Industry Median: 0.83 vs IAG: 12.87

Iamgold Pretax Margin % Historical Data

The historical data trend for Iamgold'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.

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Iamgold Pretax Margin % Chart

Iamgold Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Pretax Margin %

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-30.82

7.96

-6.23

4.35

12.99

Iamgold Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Pretax Margin %	Get a 7-Day Free Trial															5.21	8.53	46.94	1.47	-2.18

Competitive Comparison of Iamgold's Pretax Margin %

For the Gold subindustry, Iamgold'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.

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

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

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

Iamgold 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.

Iamgold'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 )
	=	128.2	/	987.1
	=	12.99 %

Iamgold'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 )
	=	-6.5	/	297.6
	=	-2.18 %

Iamgold (NYSE:IAG) 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.

Iamgold Pretax Margin % Related Terms

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Iamgold (Iamgold) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Iamgold Corp (NYSE:IAG) » Definitions » Pretax Margin %

Comparable Companies

Traded in Other Exchanges

IAL:Germany IAL:Germany IMG:Canada

Address

401 Bay Street, Suite 3200, P.O. Box 153, Toronto, ON, CAN, M5H 2Y4

Website

https://www.iamgold.com

Iamgold Corp is a mid-tier gold mining company operating in three regions globally North America, South America and West Africa. Within these regions, the company is developing potential mining districts that encompass operating mines and construction, development and exploration projects. The company's operating mines include Essakane in Burkina Faso, Rosebel in Suriname and Westwood in Canada. A solid base of strategic assets is complemented by the Cote Gold construction project in Canada, the Boto Gold development project in Senegal, as well as greenfield and brownfield exploration projects in various countries located in the Americas and West Africa.