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Metalurgica Gerdau (BSP:GOAU4) Pretax Margin % : 14.06% (As of Mar. 2024)


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What is Metalurgica Gerdau Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Metalurgica Gerdau's Pre-Tax Income for the three months ended in Mar. 2024 was R$2,280 Mil. Metalurgica Gerdau's Revenue for the three months ended in Mar. 2024 was R$16,210 Mil. Therefore, Metalurgica Gerdau's pretax margin for the quarter that ended in Mar. 2024 was 14.06%.

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

BSP:GOAU4' s Pretax Margin % Range Over the Past 10 Years
Min: -14.92   Med: 4.35   Max: 25.9
Current: 13.76


BSP:GOAU4's Pretax Margin % is ranked better than
84.81% of 599 companies
in the Steel industry
Industry Median: 3.54 vs BSP:GOAU4: 13.76

Metalurgica Gerdau Pretax Margin % Historical Data

The historical data trend for Metalurgica Gerdau'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.

Metalurgica Gerdau Pretax Margin % Chart

Metalurgica Gerdau 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 4.17 7.97 25.90 19.26 13.67

Metalurgica Gerdau Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Dec23 Mar24
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 11.00 22.62 13.48 - 14.06

Competitive Comparison of Metalurgica Gerdau's Pretax Margin %

For the Steel subindustry, Metalurgica Gerdau'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.


Metalurgica Gerdau's Pretax Margin % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Metalurgica Gerdau's Pretax Margin % distribution charts can be found below:

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



Metalurgica Gerdau 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.

Metalurgica Gerdau'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 )
=9421.65/68916.447
=13.67 %

Metalurgica Gerdau's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=2279.864/16210.263
=14.06 %

* 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.


Metalurgica Gerdau  (BSP:GOAU4) 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.


Metalurgica Gerdau Pretax Margin % Related Terms

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Metalurgica Gerdau (BSP:GOAU4) Business Description

Traded in Other Exchanges
Address
Avenida Farrapos, 1811, Porto Alegre, RS, BRA, 90220005
Metalurgica Gerdau SA produces steel and steel products used in construction, industrial, agricultural and automotive sectors. Its products include steel columns, nails, transfer bars for the construction sector; billet, electrodes, mechanical construction wire rods for the industrial sector; staples, steel posts, tribars, galvanized wires for agricultural sector; mechanical construction ingots, mechanical construction wires, and various other products for the automotive sector. Its revenue is generated by sales of long steel to nonresidential construction and infrastructure sector in North America.

Metalurgica Gerdau (BSP:GOAU4) Headlines

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