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Aker Solutions ASA (STU:1AKA) Pretax Margin % : -11.69% (As of Dec. 2023)


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What is Aker Solutions ASA Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Aker Solutions ASA's Pre-Tax Income for the six months ended in Dec. 2023 was €-104 Mil. Aker Solutions ASA's Revenue for the six months ended in Dec. 2023 was €889 Mil. Therefore, Aker Solutions ASA's pretax margin for the quarter that ended in Dec. 2023 was -11.69%.

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

STU:1AKA' s Pretax Margin % Range Over the Past 10 Years
Min: -4.62   Med: 1.47   Max: 5.51
Current: 0.27


STU:1AKA's Pretax Margin % is ranked worse than
69.22% of 978 companies
in the Oil & Gas industry
Industry Median: 6.085 vs STU:1AKA: 0.27

Aker Solutions ASA Pretax Margin % Historical Data

The historical data trend for Aker Solutions ASA'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.

Aker Solutions ASA Pretax Margin % Chart

Aker Solutions ASA 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 1.16 -4.62 1.78 -0.18 0.26

Aker Solutions ASA Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 1.76 3.72 -8.86 5.03 -11.69

Competitive Comparison of Aker Solutions ASA's Pretax Margin %

For the Oil & Gas Equipment & Services subindustry, Aker Solutions ASA'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.


Aker Solutions ASA's Pretax Margin % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Aker Solutions ASA's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Aker Solutions ASA's Pretax Margin % falls into.



Aker Solutions ASA 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.

Aker Solutions ASA'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 )
=8.258/3118.933
=0.26 %

Aker Solutions ASA's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=-103.875/888.541
=-11.69 %

* 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.


Aker Solutions ASA  (STU:1AKA) 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.


Aker Solutions ASA Pretax Margin % Related Terms

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Aker Solutions ASA (STU:1AKA) Business Description

Address
Oksenoyveien 8, Lysaker, Fornebu, NOR, 1366
Aker Solutions ASA delivers integrated solutions, products, and services to the global energy industry. The company offers low-carbon oil and gas solutions and develops renewable solutions. Aker Solutions serves customers worldwide. Its reporting segments include Renewables and Field Development segment, the Electrification, Maintenance and Modifications (EMM) segment, Subsea segment, and Other.

Aker Solutions ASA (STU:1AKA) Headlines

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