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Salzgitter AG (XTER:SZG) Pretax Margin % : -0.22% (As of Jun. 2024)


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What is Salzgitter AG Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Salzgitter AG's Pre-Tax Income for the three months ended in Jun. 2024 was €-6 Mil. Salzgitter AG's Revenue for the three months ended in Jun. 2024 was €2,565 Mil. Therefore, Salzgitter AG's pretax margin for the quarter that ended in Jun. 2024 was -0.22%.

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

XTER:SZG' s Pretax Margin % Range Over the Past 10 Years
Min: -2.96   Med: 1.52   Max: 9.92
Current: 0.07


XTER:SZG's Pretax Margin % is ranked worse than
73.99% of 619 companies
in the Steel industry
Industry Median: 3.29 vs XTER:SZG: 0.07

Salzgitter AG Pretax Margin % Historical Data

The historical data trend for Salzgitter AG'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.

Salzgitter AG Pretax Margin % Chart

Salzgitter AG 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 -2.96 -2.77 7.23 9.92 2.21

Salzgitter AG Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 0.96 0.45 -0.67 0.64 -0.22

Competitive Comparison of Salzgitter AG's Pretax Margin %

For the Steel subindustry, Salzgitter AG'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.


Salzgitter AG's Pretax Margin % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Salzgitter AG's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Salzgitter AG's Pretax Margin % falls into.



Salzgitter AG 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.

Salzgitter AG'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 )
=238.4/10790.5
=2.21 %

Salzgitter AG's Pretax Margin for the quarter that ended in Jun. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Jun. 2024 )/Revenue (Q: Jun. 2024 )
=-5.7/2565.3
=-0.22 %

* 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.


Salzgitter AG  (XTER:SZG) 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.


Salzgitter AG Pretax Margin % Related Terms

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Salzgitter AG Business Description

Traded in Other Exchanges
Address
Eisenhüttenstrasse 99, Salzgitter, DEU, 38239
Salzgitter AG is a German-based steel & technology company. The segments of the company are Steel Production, Steel Processing, Trading, & Technology business. The majority is derived from the trading segment. Steel Production Business Unit manufactures high-quality branded steel & special steel. Steel Processing Business Unit produce a broad spectrum of high-grade plate products. Trading Business Unit operates a tightly-knit European sales network & trading companies & agencies that ensure that Salzgitter Group's products & services are marketed efficiently. Technology Business Unit operates in the filling & packing technology segment, as well as in special machinery engineering for shoe manufacturing & elastomer production. Geographically, the majority is derived from domestic markets.
Executives
Gunnar Groebler Board of Directors

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