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Mangels Industrial (BSP:MGEL4) Pretax Margin % : 12.65% (As of Dec. 2023)


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What is Mangels Industrial Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Mangels Industrial's Pre-Tax Income for the three months ended in Dec. 2023 was R$26.7 Mil. Mangels Industrial's Revenue for the three months ended in Dec. 2023 was R$211.1 Mil. Therefore, Mangels Industrial's pretax margin for the quarter that ended in Dec. 2023 was 12.65%.

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

BSP:MGEL4' s Pretax Margin % Range Over the Past 10 Years
Min: -33.3   Med: -2.97   Max: 22.03
Current: 5.87


BSP:MGEL4's Pretax Margin % is ranked better than
61.92% of 604 companies
in the Steel industry
Industry Median: 3.685 vs BSP:MGEL4: 5.87

Mangels Industrial Pretax Margin % Historical Data

The historical data trend for Mangels Industrial'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.

Mangels Industrial Pretax Margin % Chart

Mangels Industrial 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 -0.72 -5.22 22.03 9.02 5.87

Mangels Industrial 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 6.27 6.42 10.93 -5.88 12.65

Competitive Comparison of Mangels Industrial's Pretax Margin %

For the Steel subindustry, Mangels Industrial'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.


Mangels Industrial's Pretax Margin % Distribution in the Steel Industry

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

* The bar in red indicates where Mangels Industrial's Pretax Margin % falls into.



Mangels Industrial 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.

Mangels Industrial'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 )
=54.451/927.871
=5.87 %

Mangels Industrial'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 )
=26.714/211.106
=12.65 %

* 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.


Mangels Industrial  (BSP:MGEL4) 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.


Mangels Industrial Pretax Margin % Related Terms

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Mangels Industrial (BSP:MGEL4) Business Description

Traded in Other Exchanges
N/A
Address
Rua Verbo Divino 1488, 6º andar, Cj.61A e 64D, Chácara Santo, Antonio, Sao Paulo, SP, BRA, 04719904
Mangels Industrial SA produces, markets, sells and distributes steel and related products. It operates in four segments, Steel, Wheel, Cylinder and Galvanizing. It supplies wheels to the car industry, motorcycles, trucks, buses, appliances, and gas companies; liquefied petroleum gas cylinders; air tanks for heavy vehicles, agricultural machinery, and air compressors; rear axles for light vehicles; and rolls, blanks, and sheets of low carbon and high strength steel for use in motorcycles, electronics and accessories, and hardware components.

Mangels Industrial (BSP:MGEL4) Headlines

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