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Ballard Power Systems (TSX:BLDP) Pretax Margin % : -38.37% (As of Dec. 2023)


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What is Ballard Power Systems Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Ballard Power Systems's Pre-Tax Income for the three months ended in Dec. 2023 was C$-23.7 Mil. Ballard Power Systems's Revenue for the three months ended in Dec. 2023 was C$61.9 Mil. Therefore, Ballard Power Systems's pretax margin for the quarter that ended in Dec. 2023 was -38.37%.

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

TSX:BLDP' s Pretax Margin % Range Over the Past 10 Years
Min: -195.86   Med: -38.02   Max: -5.34
Current: -141.13


TSX:BLDP's Pretax Margin % is ranked worse than
96.5% of 2972 companies
in the Industrial Products industry
Industry Median: 6.515 vs TSX:BLDP: -141.13

Ballard Power Systems Pretax Margin % Historical Data

The historical data trend for Ballard Power Systems'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.

Ballard Power Systems Pretax Margin % Chart

Ballard Power Systems 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 -33.36 -47.50 -109.67 -195.86 -140.72

Ballard Power Systems 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 -111.82 -254.16 -195.96 -226.41 -38.37

Competitive Comparison of Ballard Power Systems's Pretax Margin %

For the Specialty Industrial Machinery subindustry, Ballard Power Systems'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.


Ballard Power Systems's Pretax Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ballard Power Systems's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Ballard Power Systems's Pretax Margin % falls into.



Ballard Power Systems 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.

Ballard Power Systems'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 )
=-193.26/137.337
=-140.72 %

Ballard Power Systems'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 )
=-23.749/61.901
=-38.37 %

* 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.


Ballard Power Systems  (TSX:BLDP) 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.


Ballard Power Systems Pretax Margin % Related Terms

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Ballard Power Systems (TSX:BLDP) Business Description

Traded in Other Exchanges
Address
9000 Glenlyon Parkway, Burnaby, BC, CAN, V5J 5J8
Ballard Power Systems is a world leader in proton-exchange membrane fuel cells, power system development, and commercialization. The company's principal business is the design, development, manufacture, sale, and service of PEM fuel cell products for a variety of applications, focusing on power product markets of heavy-duty motive (bus, truck, rail, and marine applications), material handling, and stationary power generation. Sales are concentrated in the U.S., Europe, and China.
Executives
Sarbjot Sidhu Senior Officer