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Trinidad Cement (TRN:TCL) Pretax Margin % : 18.39% (As of Mar. 2024)


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What is Trinidad Cement Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Trinidad Cement's Pre-Tax Income for the three months ended in Mar. 2024 was TTD105 Mil. Trinidad Cement's Revenue for the three months ended in Mar. 2024 was TTD573 Mil. Therefore, Trinidad Cement's pretax margin for the quarter that ended in Mar. 2024 was 18.39%.

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

TRN:TCL' s Pretax Margin % Range Over the Past 10 Years
Min: -10.2   Med: 5.15   Max: 23.04
Current: 15.93


TRN:TCL's Pretax Margin % is ranked better than
78.53% of 382 companies
in the Building Materials industry
Industry Median: 6.95 vs TRN:TCL: 15.93

Trinidad Cement Pretax Margin % Historical Data

The historical data trend for Trinidad Cement'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.

Trinidad Cement Pretax Margin % Chart

Trinidad Cement 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 3.19 5.55 12.85 8.24 11.09

Trinidad Cement 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 -0.98 23.41 17.20 3.47 18.39

Competitive Comparison of Trinidad Cement's Pretax Margin %

For the Building Materials subindustry, Trinidad Cement'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.


Trinidad Cement's Pretax Margin % Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Trinidad Cement's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Trinidad Cement's Pretax Margin % falls into.



Trinidad Cement 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.

Trinidad Cement'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 )
=247.219/2229.602
=11.09 %

Trinidad Cement'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 )
=105.429/573.391
=18.39 %

* 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.


Trinidad Cement  (TRN:TCL) 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.


Trinidad Cement Pretax Margin % Related Terms

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Trinidad Cement (TRN:TCL) Business Description

Traded in Other Exchanges
N/A
Address
Southern Main Road, Claxton Bay, Trinidad, TTO
Trinidad Cement Ltd is engaged in the manufacture and sale of cement, concrete, and aggregates. The company's operations are organized into three operating segments, Cement, Concrete, and Packaging. The firm offers Portland-pozzolan cement, ordinary Portland cement, and Class G high sulfate-resistant oilwell cement. The company has operations in Trinidad and Tobago, Jamaica, Barbados, and other countries. Geographically the company receives maximum revenue from Jamaica.

Trinidad Cement (TRN:TCL) Headlines

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