GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Volvo Car AB (LTS:0AAK) » Definitions » Pretax Margin %

Volvo Car AB (LTS:0AAK) Pretax Margin % : 6.52% (As of Sep. 2024)


View and export this data going back to 2021. Start your Free Trial

What is Volvo Car AB Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Volvo Car AB's Pre-Tax Income for the three months ended in Sep. 2024 was kr6,054 Mil. Volvo Car AB's Revenue for the three months ended in Sep. 2024 was kr92,783 Mil. Therefore, Volvo Car AB's pretax margin for the quarter that ended in Sep. 2024 was 6.52%.

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

LTS:0AAK' s Pretax Margin % Range Over the Past 10 Years
Min: 3.63   Med: 5.17   Max: 6.65
Current: 6.13


LTS:0AAK's Pretax Margin % is ranked better than
60.42% of 1296 companies
in the Vehicles & Parts industry
Industry Median: 4.215 vs LTS:0AAK: 6.13

Volvo Car AB Pretax Margin % Historical Data

The historical data trend for Volvo Car AB'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.

Volvo Car AB Pretax Margin % Chart

Volvo Car AB Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial 4.80 3.63 6.65 6.30 5.22

Volvo Car AB Quarterly Data
Dec18 Dec19 Jun20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 5.13 4.92 5.43 7.71 6.52

Competitive Comparison of Volvo Car AB's Pretax Margin %

For the Auto Manufacturers subindustry, Volvo Car AB'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.


Volvo Car AB's Pretax Margin % Distribution in the Vehicles & Parts Industry

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

* The bar in red indicates where Volvo Car AB's Pretax Margin % falls into.



Volvo Car AB 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.

Volvo Car AB'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 )
=20860/399343
=5.22 %

Volvo Car AB's Pretax Margin for the quarter that ended in Sep. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Sep. 2024 )/Revenue (Q: Sep. 2024 )
=6054/92783
=6.52 %

* 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.


Volvo Car AB  (LTS:0AAK) 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.


Volvo Car AB Pretax Margin % Related Terms

Thank you for viewing the detailed overview of Volvo Car AB's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Volvo Car AB Business Description

Comparable Companies
Address
VAK Building, Gunnar Engellaus Vag, Gothenburg, SWE, 405 31
Volvo Car AB manufactures, designs, and supplies automobiles. The company offers a wide range of cars. Geographically, it has a presence in China, the US; Sweden; Germany; the United Kingdom; Japan, and South Korea. It generates maximum revenue from the sale of new cars.

Volvo Car AB Headlines

No Headlines