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Grupo MinsaB de CV (MEX:MINSAB) Pretax Margin % : 4.49% (As of Mar. 2024)


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What is Grupo MinsaB de CV Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Grupo MinsaB de CV's Pre-Tax Income for the three months ended in Mar. 2024 was MXN76 Mil. Grupo MinsaB de CV's Revenue for the three months ended in Mar. 2024 was MXN1,689 Mil. Therefore, Grupo MinsaB de CV's pretax margin for the quarter that ended in Mar. 2024 was 4.49%.

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

MEX:MINSAB' s Pretax Margin % Range Over the Past 10 Years
Min: -2.58   Med: 3.54   Max: 9.81
Current: -0.12


MEX:MINSAB's Pretax Margin % is ranked worse than
75.59% of 1876 companies
in the Consumer Packaged Goods industry
Industry Median: 4.64 vs MEX:MINSAB: -0.12

Grupo MinsaB de CV Pretax Margin % Historical Data

The historical data trend for Grupo MinsaB de CV'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.

Grupo MinsaB de CV Pretax Margin % Chart

Grupo MinsaB de CV 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 0.94 4.34 2.74 -0.79 -2.58

Grupo MinsaB de CV 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 -5.26 -5.84 0.50 0.39 4.49

Competitive Comparison of Grupo MinsaB de CV's Pretax Margin %

For the Packaged Foods subindustry, Grupo MinsaB de CV'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.


Grupo MinsaB de CV's Pretax Margin % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Grupo MinsaB de CV's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Grupo MinsaB de CV's Pretax Margin % falls into.



Grupo MinsaB de CV 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.

Grupo MinsaB de CV'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 )
=-188.567/7316.039
=-2.58 %

Grupo MinsaB de CV'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 )
=75.917/1688.962
=4.49 %

* 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.


Grupo MinsaB de CV  (MEX:MINSAB) 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.


Grupo MinsaB de CV Pretax Margin % Related Terms

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Grupo MinsaB de CV Business Description

Traded in Other Exchanges
N/A
Address
Prolongacion Toltecas 4, Colonia Los Reyes Ixtacala,Tlalnepantla, Mexico, DF, MEX, 54090
Grupo Minsa SAB de CV is a Mexico-based company engaged in the production of corn flour. The company distributes corn flour to Mexican government accounts, retailers, markets, distributors, wholesalers, supermarket chains and food services. The company's products include Tortillas, Frituras, Tostadas, Totopos and Mexican delicacies.

Grupo MinsaB de CV Headlines

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