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Lechwerke AG (FRA:LEC) Pretax Margin % : 5.24% (As of Dec. 2023)


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What is Lechwerke AG Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Lechwerke AG's Pre-Tax Income for the six months ended in Dec. 2023 was €38 Mil. Lechwerke AG's Revenue for the six months ended in Dec. 2023 was €722 Mil. Therefore, Lechwerke AG's pretax margin for the quarter that ended in Dec. 2023 was 5.24%.

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

FRA:LEC' s Pretax Margin % Range Over the Past 10 Years
Min: 2.7   Med: 10.8   Max: 15.1
Current: 11.32


FRA:LEC's Pretax Margin % is ranked better than
53.52% of 512 companies
in the Utilities - Regulated industry
Industry Median: 10.39 vs FRA:LEC: 11.32

Lechwerke AG Pretax Margin % Historical Data

The historical data trend for Lechwerke AG'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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Lechwerke AG Pretax Margin % Chart

Lechwerke AG 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 11.52 11.57 8.51 2.70 11.32

Lechwerke AG Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 9.15 0.11 4.79 16.72 5.24

Competitive Comparison of Lechwerke AG's Pretax Margin %

For the Utilities - Diversified subindustry, Lechwerke AG'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.


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

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

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



Lechwerke AG 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.

Lechwerke AG'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 )
=173.563/1533.43
=11.32 %

Lechwerke AG'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 )
=37.835/721.847
=5.24 %

* 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.


Lechwerke AG  (FRA:LEC) 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.


Lechwerke AG Pretax Margin % Related Terms

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Lechwerke AG (FRA:LEC) Business Description

Traded in Other Exchanges
Address
Schaezlerstrasse 3, Augsburg, DEU, 86150
Lechwerke AG is a regional energy supplier in Bavaria and parts of Baden-Wurttemberg. The company offers both electricity and gas products as well as all energy-related services such as contracting, energy certificates and energy controlling. The company also works in the field of street lighting as well as the development and implementation of energy efficiency projects and comprehensive energy concepts.

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