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Companhia Siderurgica Nacional (Companhia Siderurgica Nacional) Pretax Margin % : 3.81% (As of Sep. 2023)


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What is Companhia Siderurgica Nacional Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Companhia Siderurgica Nacional's Pre-Tax Income for the three months ended in Sep. 2023 was $86 Mil. Companhia Siderurgica Nacional's Revenue for the three months ended in Sep. 2023 was $2,253 Mil. Therefore, Companhia Siderurgica Nacional's pretax margin for the quarter that ended in Sep. 2023 was 3.81%.

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

SID' s Pretax Margin % Range Over the Past 10 Years
Min: -3.36   Med: 7.43   Max: 38.81
Current: -0.5


SID's Pretax Margin % is ranked worse than
78.44% of 603 companies
in the Steel industry
Industry Median: 3.91 vs SID: -0.50

Companhia Siderurgica Nacional Pretax Margin % Historical Data

The historical data trend for Companhia Siderurgica Nacional'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.

Companhia Siderurgica Nacional Pretax Margin % Chart

Companhia Siderurgica Nacional Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.73 5.55 16.36 38.81 9.30

Companhia Siderurgica Nacional Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 7.42 0.06 -5.38 -0.41 3.81

Competitive Comparison of Companhia Siderurgica Nacional's Pretax Margin %

For the Steel subindustry, Companhia Siderurgica Nacional'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.


Companhia Siderurgica Nacional's Pretax Margin % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Companhia Siderurgica Nacional's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Companhia Siderurgica Nacional's Pretax Margin % falls into.



Companhia Siderurgica Nacional 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.

Companhia Siderurgica Nacional's Pretax Margin for the fiscal year that ended in Dec. 2022 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2022 )/Revenue (A: Dec. 2022 )
=786.677/8457.338
=9.30 %

Companhia Siderurgica Nacional's Pretax Margin for the quarter that ended in Sep. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Sep. 2023 )/Revenue (Q: Sep. 2023 )
=85.861/2252.623
=3.81 %

* 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.


Companhia Siderurgica Nacional  (NYSE:SID) 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.


Companhia Siderurgica Nacional Pretax Margin % Related Terms

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Companhia Siderurgica Nacional (Companhia Siderurgica Nacional) Business Description

Traded in Other Exchanges
Address
Avenue Brigadeiro Faria Lima, 3400, 20th Floor, Sao Paulo, SP, BRA, 04538-132
Companhia Siderurgica Nacional is an integrated steel producer. The company operate throughout the entire steel production chain, from the mining of iron ore to the production and sale of a diversified range of steel products. It operates in five segments namely, Steel, Mining, Logistics, Energy, and Cement. It generates maximum revenue from the steel segment. Geographically, it derives a majority of revenue from Asia.

Companhia Siderurgica Nacional (Companhia Siderurgica Nacional) Headlines