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ICL Group (ICL Group) Pretax Margin % : 6.92% (As of Dec. 2023)


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What is ICL Group Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. ICL Group's Pre-Tax Income for the three months ended in Dec. 2023 was $117 Mil. ICL Group's Revenue for the three months ended in Dec. 2023 was $1,690 Mil. Therefore, ICL Group's pretax margin for the quarter that ended in Dec. 2023 was 6.92%.

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

ICL' s Pretax Margin % Range Over the Past 10 Years
Min: -2.18   Med: 12.14   Max: 33.99
Current: 13.01


ICL's Pretax Margin % is ranked better than
77.5% of 240 companies
in the Agriculture industry
Industry Median: 5.66 vs ICL: 13.01

ICL Group Pretax Margin % Historical Data

The historical data trend for ICL Group'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.

ICL Group Pretax Margin % Chart

ICL Group 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 11.91 0.97 15.70 33.99 12.92

ICL Group 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 23.91 20.07 13.69 9.94 6.92

Competitive Comparison of ICL Group's Pretax Margin %

For the Agricultural Inputs subindustry, ICL Group'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.


ICL Group's Pretax Margin % Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, ICL Group's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where ICL Group's Pretax Margin % falls into.



ICL Group 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.

ICL Group'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 )
=974/7536
=12.92 %

ICL Group'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 )
=117/1690
=6.92 %

* 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.


ICL Group  (NYSE:ICL) 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.


ICL Group Pretax Margin % Related Terms

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ICL Group (ICL Group) Business Description

Traded in Other Exchanges
Address
23 Aranha Street, P.O. Box 20245, Millennium Tower, Tel-Aviv, ISR, 61202
ICL Group Ltd is a manufacturer of products based on minerals. The firm is comprised of four segments: phosphate solutions, potash, industrial products, and growing solutions. These segments all contribute to the company's development of agriculture, food, and engineered material products and services. The company mines and manufactures potash and phosphates to be used as ingredients in fertilizers and serve as a component in the pharmaceutical and food additives industries. It is also engaged in industrial additives and materials, including flame retardants, phosphate salts, specialty phosphate blends, purified phosphoric acid, electronic-grade specialty phosphoric acids. Its geographical segments are Europe, Asia, North and South America, and the Rest of the world.