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Philex Mining (PHS:PX) Pretax Margin % : 6.77% (As of Mar. 2024)


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What is Philex Mining Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Philex Mining's Pre-Tax Income for the three months ended in Mar. 2024 was ₱110 Mil. Philex Mining's Revenue for the three months ended in Mar. 2024 was ₱1,626 Mil. Therefore, Philex Mining's pretax margin for the quarter that ended in Mar. 2024 was 6.77%.

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

PHS:PX' s Pretax Margin % Range Over the Past 10 Years
Min: -15.4   Med: 16.01   Max: 29.31
Current: 11.08


PHS:PX's Pretax Margin % is ranked better than
74.68% of 861 companies
in the Metals & Mining industry
Industry Median: 0.42 vs PHS:PX: 11.08

Philex Mining Pretax Margin % Historical Data

The historical data trend for Philex Mining'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.

Philex Mining Pretax Margin % Chart

Philex Mining 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 -15.40 20.37 29.31 26.17 15.55

Philex Mining 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 24.44 19.46 9.45 7.69 6.77

Competitive Comparison of Philex Mining's Pretax Margin %

For the Other Industrial Metals & Mining subindustry, Philex Mining'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.


Philex Mining's Pretax Margin % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Philex Mining's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Philex Mining's Pretax Margin % falls into.



Philex Mining 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.

Philex Mining'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 )
=1152.573/7410.164
=15.55 %

Philex Mining'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 )
=110.125/1626.265
=6.77 %

* 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.


Philex Mining  (PHS:PX) 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.


Philex Mining Pretax Margin % Related Terms

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Philex Mining (PHS:PX) Business Description

Traded in Other Exchanges
Address
Reliance Street Corner Sheridan Street, 2nd Floor, Launchpad, Metro Manila, Mandaluyong, PHL, 1550
Philex Mining Corporation is a mining and energy company based in the Philippines. The company is organized across two main business groupings: the mining and metals business, and the energy and hydrocarbon business. The metals business mines copper concentrates to produce copper and by-products of gold and silver. The energy and hydrocarbon business has interests (operating and non-operating) in several oil and gas companies. The metals business's gold and copper output are largely produced by the Padcal Mine in Benguet, Philippines. Production from the Padcal Mine contributes the vast majority of the entire company's revenue.

Philex Mining (PHS:PX) Headlines

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