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Loomis AB (OSTO:LOOMIS) Pretax Margin % : 6.16% (As of Dec. 2023)


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What is Loomis AB Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Loomis AB's Pre-Tax Income for the three months ended in Dec. 2023 was kr457 Mil. Loomis AB's Revenue for the three months ended in Dec. 2023 was kr7,415 Mil. Therefore, Loomis AB's pretax margin for the quarter that ended in Dec. 2023 was 6.16%.

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

OSTO:LOOMIS' s Pretax Margin % Range Over the Past 10 Years
Min: 5.83   Med: 9.13   Max: 10.92
Current: 7.48


OSTO:LOOMIS's Pretax Margin % is ranked better than
57.53% of 1062 companies
in the Business Services industry
Industry Median: 5.73 vs OSTO:LOOMIS: 7.48

Loomis AB Pretax Margin % Historical Data

The historical data trend for Loomis AB'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.

Loomis AB Pretax Margin % Chart

Loomis AB 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 10.50 5.83 7.83 8.58 7.48

Loomis AB 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 9.21 7.97 7.81 8.05 6.16

Competitive Comparison of Loomis AB's Pretax Margin %

For the Security & Protection Services subindustry, Loomis AB'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.


Loomis AB's Pretax Margin % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Loomis AB's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Loomis AB's Pretax Margin % falls into.



Loomis AB 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.

Loomis AB'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 )
=2148/28707
=7.48 %

Loomis AB'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 )
=457/7415
=6.16 %

* 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.


Loomis AB  (OSTO:LOOMIS) 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.


Loomis AB Pretax Margin % Related Terms

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Loomis AB (OSTO:LOOMIS) Business Description

Traded in Other Exchanges
Address
Drottninggatan 82, 4th floor, P.O Box 702, Stockholm, SWE, 111 36
Loomis AB is a Sweden-based company primarily engaged in cash handling services, which include cash in transit, or CIT, and cash management services, or CMS. CIT involves transporting cash to and from stores, banks and ATMs. CMS involves moving cash from customers to Loomis' cash centers where Loomis counts and packages bills and coins with quality assurance. CMS also involves cash flow analyzing, forecasting, and reporting, as well as other customized solutions. Besides CIT and CMS, Loomis also provides cross-border transportation services and general cargo services. Its segments are Europe, the United States, and Loomis Pay.

Loomis AB (OSTO:LOOMIS) Headlines

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