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Maire Tecnimont SpA (LTS:0QEP) Pretax Margin % : 5.39% (As of Mar. 2024)


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What is Maire Tecnimont SpA Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Maire Tecnimont SpA's Pre-Tax Income for the three months ended in Mar. 2024 was €67 Mil. Maire Tecnimont SpA's Revenue for the three months ended in Mar. 2024 was €1,244 Mil. Therefore, Maire Tecnimont SpA's pretax margin for the quarter that ended in Mar. 2024 was 5.39%.

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

LTS:0QEP' s Pretax Margin % Range Over the Past 10 Years
Min: 3.07   Med: 4.57   Max: 5.56
Current: 4.77


LTS:0QEP's Pretax Margin % is ranked better than
52.09% of 1651 companies
in the Construction industry
Industry Median: 4.46 vs LTS:0QEP: 4.77

Maire Tecnimont SpA Pretax Margin % Historical Data

The historical data trend for Maire Tecnimont SpA'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.

Maire Tecnimont SpA Pretax Margin % Chart

Maire Tecnimont SpA 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 5.06 3.07 4.00 3.77 4.40

Maire Tecnimont SpA 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 3.95 3.95 4.44 5.13 5.39

Competitive Comparison of Maire Tecnimont SpA's Pretax Margin %

For the Engineering & Construction subindustry, Maire Tecnimont SpA'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.


Maire Tecnimont SpA's Pretax Margin % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Maire Tecnimont SpA's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Maire Tecnimont SpA's Pretax Margin % falls into.



Maire Tecnimont SpA 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.

Maire Tecnimont SpA'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 )
=186.215/4231.721
=4.40 %

Maire Tecnimont SpA'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 )
=67.092/1244.495
=5.39 %

* 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.


Maire Tecnimont SpA  (LTS:0QEP) 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.


Maire Tecnimont SpA Pretax Margin % Related Terms

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Maire Tecnimont SpA (LTS:0QEP) Business Description

Traded in Other Exchanges
Address
Via Gaetano De Castillia 6A, Milan, ITA, 20124
Maire Tecnimont SpA is an Italy-based company that provides engineering and construction services and products through its subsidiary. The company operates through two segments. The Hydrocarbons business unit segment designs and constructs plants, for the natural gas chain involving separation, treatment, liquefaction, transport, storage, regasification and compression, and pumping stations. The Green Energy business unit segment is involved in undertaking mechanical plastics recycling and the promotion of recycled chemicals.

Maire Tecnimont SpA (LTS:0QEP) Headlines

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