GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » CSN Mineracao SA (BSP:CMIN3) » Definitions » Pretax Margin %

CSN Mineracao (BSP:CMIN3) Pretax Margin % : 30.60% (As of Dec. 2023)


View and export this data going back to 2021. Start your Free Trial

What is CSN Mineracao Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. CSN Mineracao's Pre-Tax Income for the three months ended in Dec. 2023 was R$1,687 Mil. CSN Mineracao's Revenue for the three months ended in Dec. 2023 was R$5,513 Mil. Therefore, CSN Mineracao's pretax margin for the quarter that ended in Dec. 2023 was 30.60%.

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

BSP:CMIN3' s Pretax Margin % Range Over the Past 10 Years
Min: 21.75   Med: 29.99   Max: 48.34
Current: 25.46


BSP:CMIN3's Pretax Margin % is ranked better than
93.87% of 604 companies
in the Steel industry
Industry Median: 3.885 vs BSP:CMIN3: 25.46

CSN Mineracao Pretax Margin % Historical Data

The historical data trend for CSN Mineracao'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.

CSN Mineracao Pretax Margin % Chart

CSN Mineracao Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial 45.35 41.99 48.34 29.99 25.46

CSN Mineracao Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 22.54 17.00 14.42 36.65 30.60

Competitive Comparison of CSN Mineracao's Pretax Margin %

For the Steel subindustry, CSN Mineracao'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.


CSN Mineracao's Pretax Margin % Distribution in the Steel Industry

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

* The bar in red indicates where CSN Mineracao's Pretax Margin % falls into.



CSN Mineracao 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.

CSN Mineracao'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 )
=4806.558/18880.426
=25.46 %

CSN Mineracao'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 )
=1686.588/5512.531
=30.60 %

* 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.


CSN Mineracao  (BSP:CMIN3) 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.


CSN Mineracao Pretax Margin % Related Terms

Thank you for viewing the detailed overview of CSN Mineracao's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


CSN Mineracao (BSP:CMIN3) Business Description

Traded in Other Exchanges
N/A
Address
Casa de Pedra, PO Box: 97, Congonhas, MG, BRA, 36415-000
CSN Mineracao SA is engaged in the steelmaking business. The company operates in steel, mining, cement, logistics, and energy segments. The product portfolio includes flat, long, steel packaging, steel cutting services, and others.

CSN Mineracao (BSP:CMIN3) Headlines

No Headlines