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Gol Linhas Aereas Inteligentes (Gol Linhas Aereas Inteligentes) Pretax Margin % : -17.31% (As of Dec. 2023)


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What is Gol Linhas Aereas Inteligentes Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Gol Linhas Aereas Inteligentes's Pre-Tax Income for the three months ended in Dec. 2023 was $-178 Mil. Gol Linhas Aereas Inteligentes's Revenue for the three months ended in Dec. 2023 was $1,029 Mil. Therefore, Gol Linhas Aereas Inteligentes's pretax margin for the quarter that ended in Dec. 2023 was -17.31%.

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

GOLLQ' s Pretax Margin % Range Over the Past 10 Years
Min: -99.23   Med: -7.28   Max: 13.97
Current: -5.1


GOLLQ's Pretax Margin % is ranked worse than
88.37% of 972 companies
in the Transportation industry
Industry Median: 6.955 vs GOLLQ: -5.10

Gol Linhas Aereas Inteligentes Pretax Margin % Historical Data

The historical data trend for Gol Linhas Aereas Inteligentes'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.

Gol Linhas Aereas Inteligentes Pretax Margin % Chart

Gol Linhas Aereas Inteligentes 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 2.81 -91.30 -99.23 -9.99 -5.10

Gol Linhas Aereas Inteligentes 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 5.29 12.95 12.89 -26.91 -17.31

Competitive Comparison of Gol Linhas Aereas Inteligentes's Pretax Margin %

For the Airlines subindustry, Gol Linhas Aereas Inteligentes'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.


Gol Linhas Aereas Inteligentes's Pretax Margin % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Gol Linhas Aereas Inteligentes's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Gol Linhas Aereas Inteligentes's Pretax Margin % falls into.



Gol Linhas Aereas Inteligentes 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.

Gol Linhas Aereas Inteligentes'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 )
=-195.269/3831.59
=-5.10 %

Gol Linhas Aereas Inteligentes'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 )
=-178.172/1029.115
=-17.31 %

* 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.


Gol Linhas Aereas Inteligentes  (OTCPK:GOLLQ) 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.


Gol Linhas Aereas Inteligentes Pretax Margin % Related Terms

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Gol Linhas Aereas Inteligentes (Gol Linhas Aereas Inteligentes) Business Description

Traded in Other Exchanges
Address
S/N, Portaria 3, Jardim Aeroporto, Praca Comandante Linneu Gomes, Sao Paulo, SP, BRA, 04626-020
Gol Intelligent Airlines Inc is a Brazilian airline company. It operates in two segments, flight transportation which offers air transportation services and the smiles loyalty program segment which includes redemption of miles traveled for purchasing flight tickets. The company's revenue derives from transporting passengers on aircraft. The company operate both domestic and international flights from which the majority of revenues come in from domestic operations.

Gol Linhas Aereas Inteligentes (Gol Linhas Aereas Inteligentes) Headlines

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