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Neoen (LTS:0A02) Pretax Margin % : 15.84% (As of Jun. 2024)


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What is Neoen Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Neoen's Pre-Tax Income for the six months ended in Jun. 2024 was €40.5 Mil. Neoen's Revenue for the six months ended in Jun. 2024 was €255.7 Mil. Therefore, Neoen's pretax margin for the quarter that ended in Jun. 2024 was 15.84%.

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

LTS:0A02' s Pretax Margin % Range Over the Past 10 Years
Min: 2.69   Med: 14.54   Max: 40.35
Current: 26.69


LTS:0A02's Pretax Margin % is ranked better than
73.92% of 418 companies
in the Utilities - Independent Power Producers industry
Industry Median: 12.05 vs LTS:0A02: 26.69

Neoen Pretax Margin % Historical Data

The historical data trend for Neoen'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.

Neoen Pretax Margin % Chart

Neoen Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only 17.73 8.30 16.04 15.56 40.35

Neoen Semi-Annual Data
Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 -7.54 34.11 42.53 37.91 15.84

Competitive Comparison of Neoen's Pretax Margin %

For the Utilities - Renewable subindustry, Neoen'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.


Neoen's Pretax Margin % Distribution in the Utilities - Independent Power Producers Industry

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

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



Neoen 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.

Neoen'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 )
=211.6/524.4
=40.35 %

Neoen's Pretax Margin for the quarter that ended in Jun. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Jun. 2024 )/Revenue (Q: Jun. 2024 )
=40.5/255.7
=15.84 %

* 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.


Neoen  (LTS:0A02) 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.


Neoen Pretax Margin % Related Terms

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Neoen Business Description

Traded in Other Exchanges
Address
22 rue Bayard, Paris, FRA, 75008
Listed since 2018, Neoen is a French renewables developer. The historic shareholder is Impala S.A.S., which still holds 42% of the capital. At the end of 2022, Neoen operated 5 GW of capacity, of which 54% was solar, 35% onshore wind, and 11% utility-scale batteries-41% of this capacity is in Europe, 41% in Australia, and 18% in the Americas, but with no presence in the US.

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