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Waste Connections (FRA:UI51) Pretax Margin % : 13.92% (As of Mar. 2024)


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What is Waste Connections Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Waste Connections's Pre-Tax Income for the three months ended in Mar. 2024 was €265 Mil. Waste Connections's Revenue for the three months ended in Mar. 2024 was €1,907 Mil. Therefore, Waste Connections's pretax margin for the quarter that ended in Mar. 2024 was 13.92%.

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

FRA:UI51' s Pretax Margin % Range Over the Past 10 Years
Min: -5.96   Med: 12.4   Max: 18.55
Current: 12.45


FRA:UI51's Pretax Margin % is ranked better than
67.81% of 233 companies
in the Waste Management industry
Industry Median: 5.88 vs FRA:UI51: 12.45

Waste Connections Pretax Margin % Historical Data

The historical data trend for Waste Connections'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.

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Waste Connections Pretax Margin % Chart

Waste Connections 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 13.10 4.66 12.53 14.54 12.26

Waste Connections 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 13.27 13.74 14.15 7.93 13.92

Competitive Comparison of Waste Connections's Pretax Margin %

For the Waste Management subindustry, Waste Connections'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.


Waste Connections's Pretax Margin % Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Waste Connections's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Waste Connections's Pretax Margin % falls into.



Waste Connections 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.

Waste Connections'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 )
=901.87/7356.129
=12.26 %

Waste Connections'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 )
=265.457/1906.841
=13.92 %

* 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.


Waste Connections  (FRA:UI51) 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.


Waste Connections Pretax Margin % Related Terms

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Waste Connections (FRA:UI51) Business Description

Traded in Other Exchanges
Address
6220 Highway 7, Suite 600, Woodbridge, Vaughan, ON, CAN, L4H 4G3
Waste Connections is the third-largest integrated provider of traditional solid waste and recycling services in the North America, operating 100 active landfills (9 are exploration and production waste landfills and 16 are nonmunicipal waste landfills), 157 transfer stations, and 79 recycling operations. The firm serves residential, commercial, industrial, and energy end markets. Waste Connections entered the Canadian market with its 2016 merger with Progressive Waste. In 2022, 13% of consolidated revenue was generated from the firm's Canadian segment.

Waste Connections (FRA:UI51) Headlines

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