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Nordnet AB (publ) (LTS:0A6V) Pretax Margin % : 70.02% (As of Mar. 2024)


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What is Nordnet AB (publ) Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Nordnet AB (publ)'s Pre-Tax Income for the three months ended in Mar. 2024 was kr885 Mil. Nordnet AB (publ)'s Revenue for the three months ended in Mar. 2024 was kr1,263 Mil. Therefore, Nordnet AB (publ)'s pretax margin for the quarter that ended in Mar. 2024 was 70.02%.

The historical rank and industry rank for Nordnet AB (publ)'s Pretax Margin % or its related term are showing as below:

LTS:0A6V' s Pretax Margin % Range Over the Past 10 Years
Min: 10.93   Med: 33.64   Max: 69.56
Current: 69.53


LTS:0A6V's Pretax Margin % is ranked better than
85.75% of 772 companies
in the Capital Markets industry
Industry Median: 18.72 vs LTS:0A6V: 69.53

Nordnet AB (publ) Pretax Margin % Historical Data

The historical data trend for Nordnet AB (publ)'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.

Nordnet AB (publ) Pretax Margin % Chart

Nordnet AB (publ) 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 24.28 54.72 69.56 60.48 69.51

Nordnet AB (publ) 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 70.02 68.10 69.82 70.01 70.02

Competitive Comparison of Nordnet AB (publ)'s Pretax Margin %

For the Capital Markets subindustry, Nordnet AB (publ)'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.


Nordnet AB (publ)'s Pretax Margin % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Nordnet AB (publ)'s Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Nordnet AB (publ)'s Pretax Margin % falls into.



Nordnet AB (publ) 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.

Nordnet AB (publ)'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 )
=3160.2/4546.2
=69.51 %

Nordnet AB (publ)'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 )
=884.5/1263.3
=70.02 %

* 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.


Nordnet AB (publ)  (LTS:0A6V) 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.


Nordnet AB (publ) Pretax Margin % Related Terms

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Nordnet AB (publ) (LTS:0A6V) Business Description

Traded in Other Exchanges
Address
Alstromergatan 39, Box 30099, Stockholm, SWE, SE-104 25
Nordnet AB (publ) is a digital platform in the Nordics for savings and investments. The company operates in Sweden, Norway, Denmark and Finland. Nordnet's purpose is to democratize savings and investments. It provides trading in a large number of equities, funds and other types of securities from several markets at a low price, as well as pension savings without fixed fees. The firm also offers margin loans, private loans and mortgages. There are a number of user-interfaces to choose from, such as web, app or more advanced trading applications. Digital financial guidance tools are offered to customers who want help and inspiration with their savings. Nordnet also runs the largest social investment network in the Nordics, Shareville.

Nordnet AB (publ) (LTS:0A6V) Headlines

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