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OX2 AB (OSTO:OX2) Pretax Margin % : -8.15% (As of Jun. 2024)


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What is OX2 AB Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. OX2 AB's Pre-Tax Income for the three months ended in Jun. 2024 was kr-182 Mil. OX2 AB's Revenue for the three months ended in Jun. 2024 was kr2,233 Mil. Therefore, OX2 AB's pretax margin for the quarter that ended in Jun. 2024 was -8.15%.

The historical rank and industry rank for OX2 AB's Pretax Margin % or its related term are showing as below:

OSTO:OX2' s Pretax Margin % Range Over the Past 10 Years
Min: 6.78   Med: 8.73   Max: 15.49
Current: 6.78


OSTO:OX2's Pretax Margin % is not ranked
in the Utilities - Independent Power Producers industry.
Industry Median: 10.59 vs OSTO:OX2: 6.78

OX2 AB Pretax Margin % Historical Data

The historical data trend for OX2 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.

* Premium members only.

OX2 AB Pretax Margin % Chart

OX2 AB Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial 7.61 7.36 8.17 15.49 14.39

OX2 AB Quarterly Data
Dec18 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 11.89 15.76 21.21 -8.05 -8.15

Competitive Comparison of OX2 AB's Pretax Margin %

For the Utilities - Renewable subindustry, OX2 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.


OX2 AB's Pretax Margin % Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, OX2 AB's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where OX2 AB's Pretax Margin % falls into.


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OX2 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.

OX2 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 )
=1126/7824
=14.39 %

OX2 AB'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 )
=-182/2233
=-8.15 %

* 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.


OX2 AB  (OSTO:OX2) 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.


OX2 AB Pretax Margin % Related Terms

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OX2 AB Business Description

Traded in Other Exchanges
N/A
Address
Lilla Nygatan 1, Box 2299, Stockholm, SWE, 103 17
OX2 AB develops and sells wind and solar farms. It has operations in Sweden, Finland, Poland, France, Lithuania, Norway, Spain, Italy, Estonia, and Romania.

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