GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Equity Group Holdings Ltd (NAI:EQTY) » Definitions » Pretax Margin %

Equity Group Holdings (NAI:EQTY) Pretax Margin % : 35.61% (As of Jun. 2024)


View and export this data going back to 2006. Start your Free Trial

What is Equity Group Holdings Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Equity Group Holdings's Pre-Tax Income for the three months ended in Jun. 2024 was KES16,758 Mil. Equity Group Holdings's Revenue for the three months ended in Jun. 2024 was KES47,059 Mil. Therefore, Equity Group Holdings's pretax margin for the quarter that ended in Jun. 2024 was 35.61%.

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

NAI:EQTY' s Pretax Margin % Range Over the Past 10 Years
Min: 26.5   Med: 44.11   Max: 49.55
Current: 29.52


NAI:EQTY's Pretax Margin % is ranked worse than
55.46% of 1594 companies
in the Banks industry
Industry Median: 31.85 vs NAI:EQTY: 29.52

Equity Group Holdings Pretax Margin % Historical Data

The historical data trend for Equity Group Holdings'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.

Equity Group Holdings Pretax Margin % Chart

Equity Group Holdings 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 44.82 26.50 49.55 44.49 30.82

Equity Group Holdings 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 42.70 22.61 15.76 40.76 35.61

Competitive Comparison of Equity Group Holdings's Pretax Margin %

For the Banks - Regional subindustry, Equity Group Holdings'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.


Equity Group Holdings's Pretax Margin % Distribution in the Banks Industry

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

* The bar in red indicates where Equity Group Holdings's Pretax Margin % falls into.



Equity Group Holdings 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.

Equity Group Holdings'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 )
=51879/168305
=30.82 %

Equity Group Holdings'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 )
=16757.999/47058.769
=35.61 %

* 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.


Equity Group Holdings  (NAI:EQTY) 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.


Equity Group Holdings Pretax Margin % Related Terms

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


Equity Group Holdings Business Description

Traded in Other Exchanges
N/A
Address
Hospital Road, Upper Hill, 9th Floor, P.O.Box 75104, Equity Centre, Nairobi, KEN, 00200
Equity Group Holdings Ltd offers banking and financial services in Kenya. The company offers retail banking, microfinance, and related services. It operates in six geographical markets, Kenya, Uganda, South Sudan, Rwanda, Tanzania, and the Democratic Republic of Congo. The consumer business line focuses on salaried customers or customers receiving other regular remittances, such as the pension. The revenue is derived from Kenya. The firm offers Equity loans, Farm inputs, Mortgage loans, Asset finance loans, Trade finance, Development loan, and Business Loan.

Equity Group Holdings Headlines

From GuruFocus

Top 5 4th Quarter Trades of Kovitz Investment Group Partners, LLC

By GuruFocus Research GuruFocus Editor 01-19-2023