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Hero MotoCorp (Hero MotoCorp) Pretax Margin % : 14.88% (As of Dec. 2023)


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What is Hero MotoCorp Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Hero MotoCorp's Pre-Tax Income for the three months ended in Dec. 2023 was $174.90 Mil. Hero MotoCorp's Revenue for the three months ended in Dec. 2023 was $1,175.66 Mil. Therefore, Hero MotoCorp's pretax margin for the quarter that ended in Dec. 2023 was 14.88%.

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

HRTQY' s Pretax Margin % Range Over the Past 10 Years
Min: 10.55   Med: 13.96   Max: 17.24
Current: 13.61


HRTQY's Pretax Margin % is ranked better than
86.7% of 1286 companies
in the Vehicles & Parts industry
Industry Median: 4.475 vs HRTQY: 13.61

Hero MotoCorp Pretax Margin % Historical Data

The historical data trend for Hero MotoCorp'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.

Hero MotoCorp Pretax Margin % Chart

Hero MotoCorp Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.27 16.00 12.64 10.55 11.45

Hero MotoCorp Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 12.45 14.08 11.09 14.27 14.88

Competitive Comparison of Hero MotoCorp's Pretax Margin %

For the Auto Manufacturers subindustry, Hero MotoCorp'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.


Hero MotoCorp's Pretax Margin % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Hero MotoCorp's Pretax Margin % distribution charts can be found below:

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



Hero MotoCorp 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.

Hero MotoCorp's Pretax Margin for the fiscal year that ended in Mar. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Mar. 2023 )/Revenue (A: Mar. 2023 )
=469.647/4101.028
=11.45 %

Hero MotoCorp'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 )
=174.896/1175.662
=14.88 %

* 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.


Hero MotoCorp  (GREY:HRTQY) 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.


Hero MotoCorp Pretax Margin % Related Terms

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Hero MotoCorp (Hero MotoCorp) Business Description

Traded in Other Exchanges
Address
Nelson Mandela Road, The Grand Plaza, Plot No. 2, Vasant Kunj - Phase -II, New Delhi, IND, 110070
Hero MotoCorp Ltd is a motorcycle manufacturing company domiciled in India. The company manufactures and distributes motorcycles, scooters, and related spare parts. Sales of motorcycles comprise the largest contribution to consolidated revenue, followed by scooter sales. While Hero MotoCorp derives the vast majority of revenue from domestic operations, the company also has operations in Latin America, South Asia, Africa, and the Middle East. Hero MotoCorp principally manufactures and assembles production domestically. The Company primarily operates in the automotive segment. The automotive segment includes all activities related to development, design, manufacture, assembly and sale of vehicles, as well as sale of related parts and accessories.

Hero MotoCorp (Hero MotoCorp) Headlines

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