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Power of Canada (TSX:POW) Pretax Margin % : 32.40% (As of Dec. 2023)


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What is Power of Canada Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Power of Canada's Pre-Tax Income for the three months ended in Dec. 2023 was C$603 Mil. Power of Canada's Revenue for the three months ended in Dec. 2023 was C$1,861 Mil. Therefore, Power of Canada's pretax margin for the quarter that ended in Dec. 2023 was 32.40%.

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

TSX:POW' s Pretax Margin % Range Over the Past 10 Years
Min: -17.34   Med: 7.62   Max: 16.56
Current: 16.31


TSX:POW's Pretax Margin % is ranked better than
70.99% of 486 companies
in the Insurance industry
Industry Median: 9.835 vs TSX:POW: 16.31

Power of Canada Pretax Margin % Historical Data

The historical data trend for Power of Canada'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.

Power of Canada Pretax Margin % Chart

Power of Canada 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 7.36 5.59 7.64 -17.34 16.56

Power of Canada 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 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 -2.56 4.84 18.28 79.24 32.40

Competitive Comparison of Power of Canada's Pretax Margin %

For the Insurance - Life subindustry, Power of Canada'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.


Power of Canada's Pretax Margin % Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Power of Canada's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Power of Canada's Pretax Margin % falls into.



Power of Canada 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.

Power of Canada'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 )
=3922/23677
=16.56 %

Power of Canada'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 )
=603/1861
=32.40 %

* 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.


Power of Canada  (TSX:POW) 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.


Power of Canada Pretax Margin % Related Terms

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Power of Canada (TSX:POW) Business Description

Address
751 Victoria Square, Montreal, QC, CAN, H2Y 2J3
Power Corporation of Canada is a holding company with controlling interests in Great-West Life (an insurance conglomerate), IGM Financial (Canada's largest nonbank asset manager), and other alternative asset-management platforms (Sagard and Power Sustainable). The company also has minority interests in Groupe Bruxelles Lambert (a holding company with interests in European companies) and ChinaAMC (an asset manager in China).

Power of Canada (TSX:POW) Headlines

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