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Rockwool AS (OCSE:ROCK A) Pretax Margin % : 16.88% (As of Mar. 2024)


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What is Rockwool AS Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Rockwool AS's Pre-Tax Income for the three months ended in Mar. 2024 was kr1,156 Mil. Rockwool AS's Revenue for the three months ended in Mar. 2024 was kr6,845 Mil. Therefore, Rockwool AS's pretax margin for the quarter that ended in Mar. 2024 was 16.88%.

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

OCSE:ROCK A' s Pretax Margin % Range Over the Past 10 Years
Min: 6.04   Med: 12.04   Max: 15.55
Current: 15.55


OCSE:ROCK A's Pretax Margin % is ranked better than
86.34% of 1655 companies
in the Construction industry
Industry Median: 4.51 vs OCSE:ROCK A: 15.55

Rockwool AS Pretax Margin % Historical Data

The historical data trend for Rockwool AS'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.

Rockwool AS Pretax Margin % Chart

Rockwool AS 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 13.31 12.49 12.73 9.16 14.42

Rockwool AS 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 12.24 14.94 16.39 14.03 16.88

Competitive Comparison of Rockwool AS's Pretax Margin %

For the Building Products & Equipment subindustry, Rockwool AS'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.


Rockwool AS's Pretax Margin % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Rockwool AS's Pretax Margin % distribution charts can be found below:

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



Rockwool AS 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.

Rockwool AS'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 )
=3890.693/26981.435
=14.42 %

Rockwool AS'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 )
=1155.727/6844.887
=16.88 %

* 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.


Rockwool AS  (OCSE:ROCK A) 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.


Rockwool AS Pretax Margin % Related Terms

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Rockwool AS (OCSE:ROCK A) Business Description

Traded in Other Exchanges
Address
Hovedgaden 584, Hedehusene, DNK, 2640
Rockwool AS manufactures and sells building materials, including insulation, and roofing systems. The company organizes itself into two segments based on the product: Insulation and Systems. The Insulation segment, which generates the majority of revenue, sells building, industrial, and technical insulation and external thermal insulation wall systems to the construction industry. The Systems business sells acoustic ceilings and wall systems, external cladding systems, horticultural substrate solutions, engineered fiber solutions, and noise and vibration control to the construction and automotive industries. The majority of sales come from Europe.

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