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Loblaw (TSX:L.PR.B.PFD) Pretax Margin % : 5.15% (As of Dec. 2023)


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What is Loblaw Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Loblaw's Pre-Tax Income for the three months ended in Dec. 2023 was C$748.00 Mil. Loblaw's Revenue for the three months ended in Dec. 2023 was C$14,531.00 Mil. Therefore, Loblaw's pretax margin for the quarter that ended in Dec. 2023 was 5.15%.

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

TSX:L.PR.B.PFD' s Pretax Margin % Range Over the Past 10 Years
Min: 0.18   Med: 3.14   Max: 4.87
Current: 4.87


TSX:L.PR.B.PFD's Pretax Margin % is ranked better than
69.11% of 314 companies
in the Retail - Defensive industry
Industry Median: 3.06 vs TSX:L.PR.B.PFD: 4.87

Loblaw Pretax Margin % Historical Data

The historical data trend for Loblaw'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.

Loblaw Pretax Margin % Chart

Loblaw 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 3.17 3.08 4.59 4.71 4.87

Loblaw Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 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 4.99 4.52 5.34 4.55 5.15

Competitive Comparison of Loblaw's Pretax Margin %

For the Grocery Stores subindustry, Loblaw'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.


Loblaw's Pretax Margin % Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Loblaw's Pretax Margin % distribution charts can be found below:

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



Loblaw 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.

Loblaw'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 )
=2901/59529
=4.87 %

Loblaw'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 )
=748/14531
=5.15 %

* 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.


Loblaw  (TSX:L.PR.B.PFD) 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.


Loblaw Pretax Margin % Related Terms

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Loblaw (TSX:L.PR.B.PFD) Business Description

Traded in Other Exchanges
Address
1 President’s Choice Circle, Brampton, ON, CAN, L6Y 5S5
Loblaw is Canada's largest retailer, operating 2,500 food retail and pharmacy stores across the country. Its main grocery banners include Loblaw, No Frills, and Maxi, and its pharmacy stores are mostly under the Shoppers Drug Mart banner, which it acquired in 2014. In addition to brand-name offerings, Loblaw offers private-label products under the President's Choice and No Name brands. Beyond retail, Loblaw runs the PC Optimum loyalty program and also offers credit cards and insurance brokerage, which are collectively referred to as financial services. George Weston is Loblaw's controlling shareholder with a 53% stake.

Loblaw (TSX:L.PR.B.PFD) Headlines

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