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First Philippine Holdings (PHS:FPH) Pretax Margin % : 23.31% (As of Mar. 2024)


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What is First Philippine Holdings Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. First Philippine Holdings's Pre-Tax Income for the three months ended in Mar. 2024 was ₱9,120 Mil. First Philippine Holdings's Revenue for the three months ended in Mar. 2024 was ₱39,125 Mil. Therefore, First Philippine Holdings's pretax margin for the quarter that ended in Mar. 2024 was 23.31%.

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

PHS:FPH' s Pretax Margin % Range Over the Past 10 Years
Min: 16.01   Med: 19.9   Max: 26.48
Current: 20.92


PHS:FPH's Pretax Margin % is ranked better than
77.97% of 513 companies
in the Utilities - Regulated industry
Industry Median: 10.56 vs PHS:FPH: 20.92

First Philippine Holdings Pretax Margin % Historical Data

The historical data trend for First Philippine Holdings'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.

First Philippine Holdings Pretax Margin % Chart

First Philippine Holdings 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 22.08 23.94 19.31 17.74 21.06

First Philippine Holdings 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 23.69 21.88 24.35 14.24 23.31

Competitive Comparison of First Philippine Holdings's Pretax Margin %

For the Utilities - Regulated Electric subindustry, First Philippine Holdings'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.


First Philippine Holdings's Pretax Margin % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, First Philippine Holdings's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where First Philippine Holdings's Pretax Margin % falls into.



First Philippine Holdings 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.

First Philippine Holdings'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 )
=34744/164952
=21.06 %

First Philippine Holdings'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 )
=9120/39125
=23.31 %

* 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.


First Philippine Holdings  (PHS:FPH) 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.


First Philippine Holdings Pretax Margin % Related Terms

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First Philippine Holdings (PHS:FPH) Business Description

Traded in Other Exchanges
Address
Ortigas Avenue, Rockwell Business Center, 6th Floor, Tower 3, Pasig City, PHL, 1604
First Philippine Holdings Corporation, or FPH, is a Filipino holding company involved in the purchasing and acquiring of shares in energy, real estate, manufacturing, construction, and engineering companies. FPH segments its activities into Power Generation, Real Estate Development, and Energy Solutions and Construction Services business units. The company's Power Generation division generates and distributes electricity. With its primary energy subsidiaries, First Gen Corporation and Energy Development Corporation, FPH operates a portfolio of natural gas-fired, hydroelectric, geothermal, wind, and solar power plants. The company derives the vast majority of its revenue from the sale of electricity. Principally all of FPH's operations take place in the Philippines.