MasTec (FRA:MY8) Pretax Margin %

: -4.85% (As of Mar. 2023)

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Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. MasTec's Pre-Tax Income for the three months ended in Mar. 2023 was €-117 Mil. MasTec's Revenue for the three months ended in Mar. 2023 was €2,414 Mil. Therefore, MasTec's pretax margin for the quarter that ended in Mar. 2023 was -4.85%.

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

FRA:MY8' s Pretax Margin % Range Over the Past 10 Years
Min: -1.61 Med: 5.35 Max: 7.11
Current: -0.33

FRA:MY8's Pretax Margin % is ranked worse than
75.28% of 1590 companies
in the Construction industry
Industry Median: 4.27 vs FRA:MY8: -0.33

MasTec Pretax Margin % Historical Data

The historical data trend for MasTec'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.

MasTec Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Pretax Margin %

5.29

7.11

6.73

5.41

0.44

MasTec Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Pretax Margin %																-2.46	0.79	2.40	0.42	-4.85

MasTec 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.

MasTec's Pretax Margin for the fiscal year that ended in Dec. 2022 is calculated as

Pretax Margin	=	Pre-Tax Income (A: Dec. 2022 )	/	Revenue (A: Dec. 2022 )
	=	40.648	/	9230.468
	=	0.44 %

MasTec's Pretax Margin for the quarter that ended in Mar. 2023 is calculated as

Pretax Margin	=	Pre-Tax Income (Q: Mar. 2023 )	/	Revenue (Q: Mar. 2023 )
	=	-117.012	/	2414.072
	=	-4.85 %

MasTec (FRA:MY8) 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.

MasTec Pretax Margin % Related Terms

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MasTec (FRA:MY8) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » MasTec Inc (FRA:MY8) » Definitions » Pretax Margin %

Comparable Companies

Traded in Other Exchanges

MTZ:USA

Address

800 S. Douglas Road, 12th Floor, Coral Gables, FL, USA, 33134

Website

https://www.mastec.com

MasTec Inc is a leading infrastructure construction company operating primarily throughout North America. Its principal activities include engineering, building, installation, maintenance, and upgrades of communications, energy, and utility infrastructure. The company installs wireless, wireline, and satellite communications; oil and gas pipeline infrastructure; conventional and renewable power generation; and other industrial systems. MasTec has five operating segments: Communications, Oil and Gas, Power Delivery, Clean Energy and Infrastructure, and Others. The majority of its revenue is derived from the Communications segments. The company markets services individually and in combination with other companies to provide a wide range of solutions for customers.

MasTec (FRA:MY8) Headlines

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