GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Gerdau SA (MEX:GGBN) » Definitions » Pretax Margin %

Gerdau (MEX:GGBN) Pretax Margin % : 10.35% (As of Sep. 2024)


View and export this data going back to 1980. Start your Free Trial

What is Gerdau Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Gerdau's Pre-Tax Income for the three months ended in Sep. 2024 was MXN6,395 Mil. Gerdau's Revenue for the three months ended in Sep. 2024 was MXN61,790 Mil. Therefore, Gerdau's pretax margin for the quarter that ended in Sep. 2024 was 10.35%.

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

MEX:GGBN' s Pretax Margin % Range Over the Past 10 Years
Min: -13.98   Med: 4.45   Max: 25.88
Current: 8.99


MEX:GGBN's Pretax Margin % is ranked better than
75.65% of 616 companies
in the Steel industry
Industry Median: 3.06 vs MEX:GGBN: 8.99

Gerdau Pretax Margin % Historical Data

The historical data trend for Gerdau'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.

Gerdau Pretax Margin % Chart

Gerdau 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 4.22 7.98 25.88 19.24 13.56

Gerdau Quarterly Data
Dec19 Mar20 Jun20 Sep20 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 Premium Member Only 11.17 5.00 14.04 6.16 10.35

Competitive Comparison of Gerdau's Pretax Margin %

For the Steel subindustry, Gerdau'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.


Gerdau's Pretax Margin % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Gerdau's Pretax Margin % distribution charts can be found below:

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



Gerdau 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.

Gerdau'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 )
=32379.197/238745.431
=13.56 %

Gerdau'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 )
=6395.397/61789.639
=10.35 %

* 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.


Gerdau  (MEX:GGBN) 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.


Gerdau Pretax Margin % Related Terms

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


Gerdau Business Description

Address
Avenida Dra. Ruth Cardoso, 8,501 - 8th Floor, Sao Paulo, SP, BRA, 05425-070
Gerdau SA produces steel and steel products. The company operates in civil construction, agriculture, automotive, iron ore, exports, research and development, and home steel products sectors. It offers products such as nails, rebar, columns, billets, slabs, tribar tutor, mechanical construction bars, reinforced steel locks. The company's geographical segment includes Brazil Operations; North America Operations; South America Operations as well as Special Steel Operations. It derives majority of the revenue from the North America Operations segment.

Gerdau Headlines

No Headlines