GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » CaixaBank SA (MIL:1CABK) » Definitions » Pretax Margin %

CaixaBank (MIL:1CABK) Pretax Margin % : 51.67% (As of Jun. 2024)


View and export this data going back to 2023. Start your Free Trial

What is CaixaBank Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. CaixaBank's Pre-Tax Income for the three months ended in Jun. 2024 was €2,319 Mil. CaixaBank's Revenue for the three months ended in Jun. 2024 was €4,488 Mil. Therefore, CaixaBank's pretax margin for the quarter that ended in Jun. 2024 was 51.67%.

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

MIL:1CABK' s Pretax Margin % Range Over the Past 10 Years
Min: 2.8   Med: 23.04   Max: 46.81
Current: 46.54


MIL:1CABK's Pretax Margin % is ranked better than
78.76% of 1544 companies
in the Banks industry
Industry Median: 31.685 vs MIL:1CABK: 46.54

CaixaBank Pretax Margin % Historical Data

The historical data trend for CaixaBank'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.

CaixaBank Pretax Margin % Chart

CaixaBank 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 22.48 17.54 46.81 34.35 43.37

CaixaBank Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 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 Premium Member Only Premium Member Only Premium Member Only 47.82 53.51 40.44 40.02 51.67

Competitive Comparison of CaixaBank's Pretax Margin %

For the Banks - Regional subindustry, CaixaBank'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.


CaixaBank's Pretax Margin % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, CaixaBank's Pretax Margin % distribution charts can be found below:

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



CaixaBank 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.

CaixaBank'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 )
=6924/15965
=43.37 %

CaixaBank'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 )
=2319/4488
=51.67 %

* 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.


CaixaBank  (MIL:1CABK) 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.


CaixaBank Pretax Margin % Related Terms

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


CaixaBank Business Description

Comparable Companies
Address
Calle Pintor Sorolla, 2-4, Valencia, ESP, 46002
CaixaBank SA is a Spanish bank that combines banking, insurance, and equity investment businesses. Its operations include retail banking, corporate banking, cash management, surplus management, and the allocation of income from financing the equity investment business. It consists of business segments of the Banking and insurance business, BPI, and Corporate center. The majority of its revenue comes from the Banking and insurance business. It has a geographic presence in Spain, Portugal, America, the Rest of the European Union, and the Rest of the world. In which Spain generates the majority of its revenue.

CaixaBank Headlines

No Headlines