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Element Solutions (STU:PLQ) Pretax Margin % : 12.09% (As of Mar. 2024)


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What is Element Solutions Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Element Solutions's Pre-Tax Income for the three months ended in Mar. 2024 was €64 Mil. Element Solutions's Revenue for the three months ended in Mar. 2024 was €529 Mil. Therefore, Element Solutions's pretax margin for the quarter that ended in Mar. 2024 was 12.09%.

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

STU:PLQ' s Pretax Margin % Range Over the Past 10 Years
Min: -13.86   Med: 0.84   Max: 10.67
Current: 5.94


STU:PLQ's Pretax Margin % is ranked better than
51.97% of 1522 companies
in the Chemicals industry
Industry Median: 5.54 vs STU:PLQ: 5.94

Element Solutions Pretax Margin % Historical Data

The historical data trend for Element Solutions'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.

Element Solutions Pretax Margin % Chart

Element Solutions 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 7.67 4.38 10.49 10.67 5.53

Element Solutions 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 10.43 8.19 -2.74 6.56 12.09

Competitive Comparison of Element Solutions's Pretax Margin %

For the Specialty Chemicals subindustry, Element Solutions'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.


Element Solutions's Pretax Margin % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Element Solutions's Pretax Margin % distribution charts can be found below:

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



Element Solutions 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.

Element Solutions'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 )
=118.385/2139.544
=5.53 %

Element Solutions'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 )
=63.94/529
=12.09 %

* 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.


Element Solutions  (STU:PLQ) 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.


Element Solutions Pretax Margin % Related Terms

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Element Solutions (STU:PLQ) Business Description

Traded in Other Exchanges
Address
500 East Broward Boulevard, Suite 1860, Fort Lauderdale, FL, USA, 33394
Element Solutions Inc is a specialty chemicals company whose businesses supply a broad range of solutions that enhance the performance of products people use every day. The company has two segments which are Electronics and Industrial & Specialty. The Industrial & Specialty segment researches, formulates and sells specialty chemicals and process technologies that enhance surfaces or improve industrial processes in diverse industrial sectors from automotive trim to transcontinental infrastructure and from high-speed printing to high-design faucets. The electronics segment researches, formulates and sells specialty chemicals and material process technologies for all types of electronics hardware, from complex printed circuit board designs to semiconductor packaging.

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