Usinas Siderurgicas de Minas Gerais (BSP:USIM6) Pre-Tax Income : R$407 Mil (TTM As of Mar. 2024)

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What is Usinas Siderurgicas de Minas Gerais Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. Usinas Siderurgicas de Minas Gerais's pretax income for the three months ended in Mar. 2024 was R$-25 Mil. Its pretax income for the trailing twelve months (TTM) ended in Mar. 2024 was R$407 Mil. Usinas Siderurgicas de Minas Gerais's pretax margin was -0.40%.

During the past 13 years, Usinas Siderurgicas de Minas Gerais's highest Pretax Margin was 36.57%. The lowest was -47.86%. And the median was 4.07%.

Usinas Siderurgicas de Minas Gerais Pre-Tax Income Historical Data

The historical data trend for Usinas Siderurgicas de Minas Gerais's Pre-Tax Income 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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Usinas Siderurgicas de Minas Gerais Pre-Tax Income Chart

Usinas Siderurgicas de Minas Gerais Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Pre-Tax Income

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442.67

1,845.97

12,336.28

3,278.91

1,165.83

Usinas Siderurgicas de Minas Gerais Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Pre-Tax Income	Get a 7-Day Free Trial															733.89	335.93	-342.47	438.47	-24.66

Competitive Comparison of Usinas Siderurgicas de Minas Gerais's Pre-Tax Income

For the Steel subindustry, Usinas Siderurgicas de Minas Gerais's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income 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.

Usinas Siderurgicas de Minas Gerais's Pre-Tax Income Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Usinas Siderurgicas de Minas Gerais's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Usinas Siderurgicas de Minas Gerais's Pre-Tax Income falls into.

Usinas Siderurgicas de Minas Gerais Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

Usinas Siderurgicas de Minas Gerais's Pretax Income for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Income	=	Operating Income	+	Non Operating Income	+	Interest Expense	+	Interest Income	+	Other
	=	702.825	+	0	+	-691.049	+	134.052	+	1019.997
	=	1,166

Usinas Siderurgicas de Minas Gerais's Pretax Income for the quarter that ended in Mar. 2024 is calculated as

Pretax Income	=	Operating Income	+	Non Operating Income	+	Interest Expense	+	Interest Income	+	Other
	=	70.26	+	0	+	-188.462	+	18.935	+	74.61
	=	-25

Pre-Tax Income for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was R$407 Mil.

Usinas Siderurgicas de Minas Gerais (BSP:USIM6) Pre-Tax Income Explanation

Usinas Siderurgicas de Minas Gerais's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin	=	Pretax Income	/	Revenue
	=	-24.657	/	6222.819
	=	-0.40%

During the past 13 years, Usinas Siderurgicas de Minas Gerais's highest Pretax Margin was 36.57%. The lowest was -47.86%. And the median was 4.07%.

Usinas Siderurgicas de Minas Gerais Pre-Tax Income Related Terms

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Usinas Siderurgicas de Minas Gerais (BSP:USIM6) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Usinas Siderurgicas de Minas Gerais SA (BSP:USIM6) » Definitions » Pre-Tax Income

Comparable Companies

Traded in Other Exchanges

USNZY:USA XUSIO:Spain XUSI:Spain U1S1:Germany USIM5:Brazil USIM3:Brazil

Address

Rua Professor Jose Vieira de Mendonca, 3.011 - Engenho Nogueira, Belo Horizonte, MG, BRA, 31310-260

Website

https://www.usiminas.com

Usinas Siderurgicas de Minas Gerais SA is a Brazil-based company that is primarily engaged in the production and distribution of flat steel products. The company's product portfolio consists of ordinary heavy plates, Sincron series premium heavy plates, hot strips, cold-rolled products, and galvanized products. These products are used in automotive, civil construction, railway, electric, white goods, offshore platforms, and agricultural and construction machinery. The Brazilian domestic market represents the majority of the company's sales, while the United States, Argentina, and Turkey are the three biggest export destination markets for the company.

Usinas Siderurgicas de Minas Gerais (BSP:USIM6) Headlines

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