Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Alcoa's Pre-Tax Income for the
three
months ended in Sep. 2024 was $184 Mil. Alcoa's Revenue for the
three
months ended in Sep. 2024 was $2,904 Mil. Therefore, Alcoa's pretax margin for the quarter that ended in Sep. 2024 was 6.34%.
The historical rank and industry rank for Alcoa's Pretax Margin % or its related term are showing as below:
AA'
s Pretax Margin % Range Over the Past 10 Years
Min: -5.54 Med: 0.69 Max: 12.12
Current: -1.15
AA's Pretax Margin % is ranked worse than 56.29% of 858
companies
in the Metals & Mining industry
Industry Median: 1.605
vs AA: -1.15
Alcoa Pretax Margin % Historical Data
The historical data trend for Alcoa'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.
For the Aluminum subindustry, Alcoa'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.
Alcoa's Pretax Margin % Distribution in the Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Alcoa's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Alcoa's Pretax Margin % falls into.
Alcoa 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.
Alcoa's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
Alcoa (NYSE:AA) 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.
Alcoa Pretax Margin % Related Terms
Thank you for viewing the detailed overview of Alcoa's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Alcoa is a vertically integrated aluminum company whose operations include bauxite mining, alumina refining, and manufacturing primary aluminum. It is the world's largest bauxite miner and alumina refiner by production volume, and the eighth-largest aluminum producer. Profits are closely tied to prevailing commodity prices along the aluminum supply chain.Alcoa was the first mass producer of aluminum, launching the world-changing Hall-Heroult smelting process in the 1880s, making aluminum affordable. It listed as a public company in 1925. In 2016, Alcoa spun off its automotive and aerospace metal parts segment to focus on mining, smelting, and refining. It bought the 40% unowned balance of AWAC in mid-2024, meaning refining assets are now predominantly wholly owned, as with smelting.
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