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Tata Consultancy Services (Tata Consultancy Services) Pretax Margin % : 27.51% (As of Mar. 2024)


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What is Tata Consultancy Services Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Tata Consultancy Services's Pre-Tax Income for the three months ended in Mar. 2024 was $2,029.48 Mil. Tata Consultancy Services's Revenue for the three months ended in Mar. 2024 was $7,376.05 Mil. Therefore, Tata Consultancy Services's pretax margin for the quarter that ended in Mar. 2024 was 27.51%.

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

TTNQY' s Pretax Margin % Range Over the Past 10 Years
Min: 25.24   Med: 27.32   Max: 29.31
Current: 25.74


TTNQY's Pretax Margin % is ranked better than
92.72% of 2762 companies
in the Software industry
Industry Median: 2.17 vs TTNQY: 25.74

Tata Consultancy Services Pretax Margin % Historical Data

The historical data trend for Tata Consultancy Services'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.

Tata Consultancy Services Pretax Margin % Chart

Tata Consultancy Services Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26.92 26.65 26.95 25.24 25.74

Tata Consultancy Services 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 26.02 25.24 25.68 24.48 27.51

Competitive Comparison of Tata Consultancy Services's Pretax Margin %

For the Information Technology Services subindustry, Tata Consultancy Services'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.


Tata Consultancy Services's Pretax Margin % Distribution in the Software Industry

For the Software industry and Technology sector, Tata Consultancy Services's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Tata Consultancy Services's Pretax Margin % falls into.



Tata Consultancy Services 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.

Tata Consultancy Services's Pretax Margin for the fiscal year that ended in Mar. 2024 is calculated as

Pretax Margin=Pre-Tax Income (A: Mar. 2024 )/Revenue (A: Mar. 2024 )
=7467.593/29015.772
=25.74 %

Tata Consultancy Services'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 )
=2029.477/7376.05
=27.51 %

* 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.


Tata Consultancy Services  (OTCPK:TTNQY) 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.


Tata Consultancy Services Pretax Margin % Related Terms

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Tata Consultancy Services (Tata Consultancy Services) Business Description

Traded in Other Exchanges
Address
Raveline Street, TCS House, Fort, Mumbai, MH, IND, 400001
Tata Consultancy Services is a leading global IT services provider, with nearly 450,000 employees. Based in Mumbai, the India IT services firm leverages its offshore outsourcing model to derive half of its revenue from North America. The company offers traditional IT services offerings: consulting, managed services, and cloud infrastructure services as well as business process outsourcing as a service, or BPaaS.