Karnell Group AB (OSTO:KARNEL B) Pretax Margin % : 2.50% (As of Mar. 2024)

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What is Karnell Group AB Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Karnell Group AB's Pre-Tax Income for the three months ended in Mar. 2024 was kr7.2 Mil. Karnell Group AB's Revenue for the three months ended in Mar. 2024 was kr287.9 Mil. Therefore, Karnell Group AB's pretax margin for the quarter that ended in Mar. 2024 was 2.50%.

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

OSTO:KARNEL B' s Pretax Margin % Range Over the Past 10 Years
Min: 2.5 Med: 6.68 Max: 10.41
Current: 2.5

OSTO:KARNEL B's Pretax Margin % is ranked worse than
83.27% of 1656 companies
in the Asset Management industry
Industry Median: 90.93 vs OSTO:KARNEL B: 2.50

Karnell Group AB Pretax Margin % Historical Data

The historical data trend for Karnell Group AB'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.

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Karnell Group AB Pretax Margin % Chart

Karnell Group AB Annual Data

Trend

Dec21

Dec22

Dec23

Pretax Margin %

5.73

6.68

10.41

Karnell Group AB Quarterly Data
	Dec21	Dec22	Mar23	Dec23	Mar24
Pretax Margin %	-	-	10.08	-	2.50

Competitive Comparison of Karnell Group AB's Pretax Margin %

For the Asset Management subindustry, Karnell Group AB'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.

Karnell Group AB's Pretax Margin % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Karnell Group AB's Pretax Margin % distribution charts can be found below:

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

Karnell Group AB 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.

Karnell Group AB'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 )
	=	136.1	/	1307.2
	=	10.41 %

Karnell Group AB'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 )
	=	7.2	/	287.9
	=	2.50 %

Karnell Group AB (OSTO:KARNEL B) 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.

Karnell Group AB Pretax Margin % Related Terms

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Karnell Group AB (OSTO:KARNEL B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Karnell Group AB (OSTO:KARNEL B) » Definitions » Pretax Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Riddargatan 13D, Stockholm, SWE, 114 51

Website

https://www.karnell.se

Karnell Group AB is a company that is an active owner of industrial technology companies. The Company's business concept is to use a systematic and proactive acquisition strategy to identify and invest in industrial technology companies where Karnell believes there is development potential and thus an opportunity for value creation with Karnell as a long-term owner. It consists of twelve directly owned group companies, with subsidiaries, divided into two business areas that includes Product companies and Niched manufacturers. The business area Product companies consists of companies that wholly or predominantly base their business on proprietary products, which may include various rights such as trademarks, patents, etc.

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