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Svenska Handelsbanken AB (OSTO:SHB A) Pretax Margin % : 54.21% (As of Mar. 2024)


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What is Svenska Handelsbanken AB Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Svenska Handelsbanken AB's Pre-Tax Income for the three months ended in Mar. 2024 was kr8,267 Mil. Svenska Handelsbanken AB's Revenue for the three months ended in Mar. 2024 was kr15,249 Mil. Therefore, Svenska Handelsbanken AB's pretax margin for the quarter that ended in Mar. 2024 was 54.21%.

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

OSTO:SHB A' s Pretax Margin % Range Over the Past 10 Years
Min: 46.58   Med: 50.72   Max: 58.55
Current: 57.75


OSTO:SHB A's Pretax Margin % is ranked better than
91.23% of 1459 companies
in the Banks industry
Industry Median: 32.81 vs OSTO:SHB A: 57.75

Svenska Handelsbanken AB Pretax Margin % Historical Data

The historical data trend for Svenska Handelsbanken 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.

Svenska Handelsbanken AB Pretax Margin % Chart

Svenska Handelsbanken AB 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 48.94 46.58 53.59 54.39 58.55

Svenska Handelsbanken AB 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 56.82 58.38 61.18 57.06 54.21

Competitive Comparison of Svenska Handelsbanken AB's Pretax Margin %

For the Banks - Diversified subindustry, Svenska Handelsbanken 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.


Svenska Handelsbanken AB's Pretax Margin % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Svenska Handelsbanken AB's Pretax Margin % distribution charts can be found below:

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



Svenska Handelsbanken 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.

Svenska Handelsbanken 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 )
=36322/62040
=58.55 %

Svenska Handelsbanken 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 )
=8267/15249
=54.21 %

* 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.


Svenska Handelsbanken AB  (OSTO:SHB 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.


Svenska Handelsbanken AB Pretax Margin % Related Terms

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Svenska Handelsbanken AB (OSTO:SHB A) Business Description

Address
Kungstradgardsgatan 2, Stockholm, SWE, SE-106 70
Handelsbanken is one of the largest Swedish banks with significant exposure to the Swedish mortgage market; about 44% of total loans are tied to the Swedish real estate market. Outside of Sweden, the bank operates primarily in the U.K. and Netherlands. Handelsbanken generates about three fourths of its income through its interest spread-based business, including mortgages, household loans, and corporate loans to large and small enterprises. The bank increasingly offers asset-management, mutual fund and private banking services to its clients.

Svenska Handelsbanken AB (OSTO:SHB A) Headlines

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