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Odfjell SE (OSL:ODF) Pretax Margin % : 22.55% (As of Mar. 2024)


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What is Odfjell SE Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Odfjell SE's Pre-Tax Income for the three months ended in Mar. 2024 was kr731 Mil. Odfjell SE's Revenue for the three months ended in Mar. 2024 was kr3,243 Mil. Therefore, Odfjell SE's pretax margin for the quarter that ended in Mar. 2024 was 22.55%.

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

OSL:ODF' s Pretax Margin % Range Over the Past 10 Years
Min: -24.21   Med: 0.23   Max: 19.3
Current: 19.3


OSL:ODF's Pretax Margin % is ranked better than
79.36% of 964 companies
in the Transportation industry
Industry Median: 7.165 vs OSL:ODF: 19.30

Odfjell SE Pretax Margin % Historical Data

The historical data trend for Odfjell SE'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.

Odfjell SE Pretax Margin % Chart

Odfjell SE 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 -3.86 3.33 -2.87 11.05 17.58

Odfjell SE 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 15.81 18.61 17.92 18.03 22.55

Competitive Comparison of Odfjell SE's Pretax Margin %

For the Marine Shipping subindustry, Odfjell SE'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.


Odfjell SE's Pretax Margin % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Odfjell SE's Pretax Margin % distribution charts can be found below:

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



Odfjell SE 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.

Odfjell SE'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 )
=2214.087/12595.762
=17.58 %

Odfjell SE'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 )
=731.174/3243.058
=22.55 %

* 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.


Odfjell SE  (OSL:ODF) 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.


Odfjell SE Pretax Margin % Related Terms

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Odfjell SE (OSL:ODF) Business Description

Traded in Other Exchanges
Address
Conrad Mohrs veg 29, P.O. Box 6101, Postterminalen, Bergen, NOR, 5892
Odfjell SE is a company engaged in the transportation and storage of bulk liquid chemicals, acids, edible oils, and other specialty products. It also owns and operates chemical tankers and tank terminals. The Company has two reportable operating segments: The Chemical Tankers involve a round-the-world service, servicing ports in Europe, North, and South America, the Middle East and Asia, Australia, and Africa, and The Tank Terminals segment offers storage of various chemical and petroleum products. It operates through various geographical regions which include North and South America, Norway, Netherlands, Australasia, Africa Middle East, and Asia, and derives a majority of its revenue from the Middle East and Asia.

Odfjell SE (OSL:ODF) Headlines

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