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Cates Elektrik Uretim AS (IST:CATES) Pretax Margin % : 3.01% (As of Mar. 2024)


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What is Cates Elektrik Uretim AS Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Cates Elektrik Uretim AS's Pre-Tax Income for the three months ended in Mar. 2024 was ₺31 Mil. Cates Elektrik Uretim AS's Revenue for the three months ended in Mar. 2024 was ₺1,030 Mil. Therefore, Cates Elektrik Uretim AS's pretax margin for the quarter that ended in Mar. 2024 was 3.01%.

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

IST:CATES' s Pretax Margin % Range Over the Past 10 Years
Min: -72.08   Med: -13.05   Max: 44.71
Current: 13.84


IST:CATES's Pretax Margin % is ranked better than
54.31% of 418 companies
in the Utilities - Independent Power Producers industry
Industry Median: 11.835 vs IST:CATES: 13.84

Cates Elektrik Uretim AS Pretax Margin % Historical Data

The historical data trend for Cates Elektrik Uretim AS'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.

Cates Elektrik Uretim AS Pretax Margin % Chart

Cates Elektrik Uretim AS Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Pretax Margin %
-72.08 -45.17 44.71 19.08

Cates Elektrik Uretim AS Quarterly Data
Dec20 Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.42 24.42 13.42 26.08 3.01

Competitive Comparison of Cates Elektrik Uretim AS's Pretax Margin %

For the Utilities - Independent Power Producers subindustry, Cates Elektrik Uretim AS'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.


Cates Elektrik Uretim AS's Pretax Margin % Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Cates Elektrik Uretim AS's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Cates Elektrik Uretim AS's Pretax Margin % falls into.



Cates Elektrik Uretim AS 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.

Cates Elektrik Uretim AS'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 )
=1010.576/5295.915
=19.08 %

Cates Elektrik Uretim AS'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 )
=31.014/1029.638
=3.01 %

* 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.


Cates Elektrik Uretim AS  (IST:CATES) 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.


Cates Elektrik Uretim AS Pretax Margin % Related Terms

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Cates Elektrik Uretim AS (IST:CATES) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Sahinler Mahallesi, Sahinler Cluster Houses, Yatagan Thermal Power Plant Site No: 259/1, Mugla, TUR
Cates Elektrik Uretim AS is a company whose main activity is to produce electrical energy and sell the produced electrical energy. It also operates the coal-based Power Plant located in the Catalagzi town of Zonguldak.

Cates Elektrik Uretim AS (IST:CATES) Headlines

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