GURUFOCUS.COM » STOCK LIST » USA » NYSE » ICICI Bank Ltd (NYSE:IBN) » Definitions » Pretax Margin %
Switch to:

ICICI Bank (NYSE:IBN) Pretax Margin %

: 40.78% (As of Jun. 2023)
View and export this data going back to 2000. Start your Free Trial

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. ICICI Bank's Pre-Tax Income for the three months ended in Jun. 2023 was $1,771 Mil. ICICI Bank's Revenue for the three months ended in Jun. 2023 was $4,344 Mil. Therefore, ICICI Bank's pretax margin for the quarter that ended in Jun. 2023 was 40.78%.

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

IBN' s Pretax Margin % Range Over the Past 10 Years
Min: 6.18   Med: 16.7   Max: 27.82
Current: 27.82


IBN's Pretax Margin % is ranked worse than
67.56% of 1452 companies
in the Banks industry
Industry Median: 35.09 vs IBN: 27.82

ICICI Bank Pretax Margin % Historical Data

The historical data trend for ICICI Bank'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.

ICICI Bank Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Pretax Margin %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.18 10.70 17.18 22.81 26.16

ICICI Bank Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
Pretax Margin % 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 Premium Member Only Premium Member Only Premium Member Only 36.27 33.61 34.88 4.93 40.78

ICICI Bank 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.

ICICI Bank's Pretax Margin for the fiscal year that ended in Mar. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Mar. 2023 )/Revenue (A: Mar. 2023 )
=4310.541/16480.725
=26.16 %

ICICI Bank's Pretax Margin for the quarter that ended in Jun. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Jun. 2023 )/Revenue (Q: Jun. 2023 )
=1771.436/4343.722
=40.78 %

* 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.


ICICI Bank  (NYSE:IBN) 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.


ICICI Bank Pretax Margin % Related Terms

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


ICICI Bank (NYSE:IBN) Business Description

ICICI Bank logo
Address
ICICI Bank Towers, Bandra-Kurla Complex, Mumbai, MH, IND, 400 051
ICICI Bank Ltd provides banking services. The company's operating segments include Retail Banking; Wholesale Banking; Treasury, Life insurance, and Other Banking Businesses. The company generates maximum revenue from the Retail Banking segment which includes exposures of the Bank, which satisfy the four qualifying criteria of a regulatory retail portfolio as stipulated by RBI guidelines on the Basel III framework as well as includes income from credit cards, debit cards, third party product distribution, and the associated costs.