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Promigas (BOG:PROMIGAS) Pretax Margin % : 14.44% (As of Dec. 2024)


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What is Promigas Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Promigas's Pre-Tax Income for the three months ended in Dec. 2024 was COP305,370 Mil. Promigas's Revenue for the three months ended in Dec. 2024 was COP2,114,605 Mil. Therefore, Promigas's pretax margin for the quarter that ended in Dec. 2024 was 14.44%.

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

BOG:PROMIGAS' s Pretax Margin % Range Over the Past 10 Years
Min: 20.23   Med: 24.38   Max: 32.23
Current: 21.91


BOG:PROMIGAS's Pretax Margin % is ranked better than
79.18% of 490 companies
in the Utilities - Regulated industry
Industry Median: 11.25 vs BOG:PROMIGAS: 21.91

Promigas Pretax Margin % Historical Data

The historical data trend for Promigas'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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Promigas Pretax Margin % Chart

Promigas Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 32.23 29.89 25.78 22.51 21.91

Promigas Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 20.98 29.06 25.27 20.71 14.44

Competitive Comparison of Promigas's Pretax Margin %

For the Utilities - Regulated Gas subindustry, Promigas'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.


Promigas's Pretax Margin % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Promigas's Pretax Margin % distribution charts can be found below:

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


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Promigas 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.

Promigas's Pretax Margin for the fiscal year that ended in Dec. 2024 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2024 )/Revenue (A: Dec. 2024 )
=1613396.133/7363299.616
=21.91 %

Promigas's Pretax Margin for the quarter that ended in Dec. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Dec. 2024 )/Revenue (Q: Dec. 2024 )
=305369.772/2114604.838
=14.44 %

* 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.


Promigas  (BOG:PROMIGAS) 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.


Promigas Pretax Margin % Related Terms

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Promigas Business Description

Traded in Other Exchanges
N/A
Address
Calle 66 No. 67 - 123, Barranquilla, COL
Promigas SA is engaged in the purchase, sale, transportation, distribution, exploitation, and exploration of natural gas, oil, and hydrocarbons in general, and the gas and oil activities in all their forms. It operates in five segments: Gas transportation, Gas distribution, Integrated solutions for the industry, Distribution and sale of gas and energy, and Non-bank financing. The transmission business consists of natural gas transmission, energy generation, and liquid natural gas. The distribution business consists of natural gas distribution, and non-banking financing, The company generates the majority of its revenue from the transport and distribution of natural gas.

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