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Indorama Ventures PCL (Indorama Ventures PCL) Pretax Margin % : 1.40% (As of Mar. 2024)


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What is Indorama Ventures PCL Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Indorama Ventures PCL's Pre-Tax Income for the three months ended in Mar. 2024 was $53 Mil. Indorama Ventures PCL's Revenue for the three months ended in Mar. 2024 was $3,780 Mil. Therefore, Indorama Ventures PCL's pretax margin for the quarter that ended in Mar. 2024 was 1.40%.

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

INDOY' s Pretax Margin % Range Over the Past 10 Years
Min: -2.51   Med: 4.93   Max: 8.68
Current: -2.23


INDOY's Pretax Margin % is ranked worse than
79.62% of 1526 companies
in the Chemicals industry
Industry Median: 5.52 vs INDOY: -2.23

Indorama Ventures PCL Pretax Margin % Historical Data

The historical data trend for Indorama Ventures PCL'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.

Indorama Ventures PCL Pretax Margin % Chart

Indorama Ventures PCL 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 1.67 0.47 7.47 6.11 -2.51

Indorama Ventures PCL Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 0.29 0.72 0.56 -12.20 1.40

Competitive Comparison of Indorama Ventures PCL's Pretax Margin %

For the Chemicals subindustry, Indorama Ventures PCL'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.


Indorama Ventures PCL's Pretax Margin % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Indorama Ventures PCL's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Indorama Ventures PCL's Pretax Margin % falls into.



Indorama Ventures PCL 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.

Indorama Ventures PCL'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 )
=-388.701/15478.633
=-2.51 %

Indorama Ventures PCL'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 )
=53.063/3780.427
=1.40 %

* 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.


Indorama Ventures PCL  (OTCPK:INDOY) 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.


Indorama Ventures PCL Pretax Margin % Related Terms

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Indorama Ventures PCL (Indorama Ventures PCL) Business Description

Traded in Other Exchanges
Address
Asoke Road, Klongtoeynua, 37th Floor, Soi Sukhumvit 19, 75/102, Ocean Tower II, Wattana, Bangkok, THA, 10110
Indorama Ventures PCL is engaged in the manufacture and distribution of Polyethylene Terephthalate, Purified Terephthalic Acid, Paraxylene, recycling, Purified Isophthalic Acid, Naphthalene Dicarboxylate, PET preforms and packaging, Integrated EG, Integrated purified EO, PO/MTBE, Integrated Surfactants comprising EOA, LAB and others, Fibers including Polyester, Rayon, Nylon, Polypropylene, composites and worsted wool fibers products. The company operates in three reportable segments Combined PET, Integrated Oxides and Derivatives, and Fibers. The maximum revenue is derived from the Combined PET segment.

Indorama Ventures PCL (Indorama Ventures PCL) Headlines