Algonquin Power & Utilities (TSX:AQN) Pretax Margin % : 24.82% (As of Dec. 2023)

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What is Algonquin Power & Utilities Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Algonquin Power & Utilities's Pre-Tax Income for the three months ended in Dec. 2023 was C$222 Mil. Algonquin Power & Utilities's Revenue for the three months ended in Dec. 2023 was C$895 Mil. Therefore, Algonquin Power & Utilities's pretax margin for the quarter that ended in Dec. 2023 was 24.82%.

The historical rank and industry rank for Algonquin Power & Utilities's Pretax Margin % or its related term are showing as below:

TSX:AQN' s Pretax Margin % Range Over the Past 10 Years
Min: -13.37 Med: 9.78 Max: 47.25
Current: -4.17

TSX:AQN's Pretax Margin % is ranked worse than
77.48% of 413 companies
in the Utilities - Independent Power Producers industry
Industry Median: 10.39 vs TSX:AQN: -4.17

Algonquin Power & Utilities Pretax Margin % Historical Data

The historical data trend for Algonquin Power & Utilities'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.

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Algonquin Power & Utilities Pretax Margin % Chart

Algonquin Power & Utilities Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Pretax Margin %

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34.13

47.25

6.25

-13.37

-4.43

Algonquin Power & Utilities 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															-16.01	35.23	-50.69	-38.60	24.82

Competitive Comparison of Algonquin Power & Utilities's Pretax Margin %

For the Utilities - Renewable subindustry, Algonquin Power & Utilities'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.

Algonquin Power & Utilities's Pretax Margin % Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Algonquin Power & Utilities's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Algonquin Power & Utilities's Pretax Margin % falls into.

Algonquin Power & Utilities 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.

Algonquin Power & Utilities'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 )
	=	-160.462	/	3619.657
	=	-4.43 %

Algonquin Power & Utilities'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 )
	=	222.032	/	894.551
	=	24.82 %

Algonquin Power & Utilities (TSX:AQN) 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.

Algonquin Power & Utilities Pretax Margin % Related Terms

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Algonquin Power & Utilities (TSX:AQN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Algonquin Power & Utilities Corp (TSX:AQN) » Definitions » Pretax Margin %

Comparable Companies

Traded in Other Exchanges

AQNU:USA AGQPF.PFD:USA AQN:USA 751:Germany AQN.PR.D.PFD:Canada AQN.PR.A.PFD:Canada

Address

354 Davis Road, Oakville, ON, CAN, L6J 2X1

Website

https://www.algonquinpower.com

Algonquin Power & Utilities Corp, a parent company of Liberty, is a diversified international generation, transmission, and distribution utility with over $16 billion of total assets. Through its two business groups, the Regulated Services Group and the Renewable Energy Group, AQN is committed to providing safe, secure, reliable, cost-effective, and sustainable energy and water solutions through its portfolio of electric generation, transmission, and distribution utility investments to over one million customer connections, largely in the United States and Canada. AQN provides renewable energy through its portfolio of long-term contracted wind, solar, and hydroelectric generating facilities.