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Lucid Group (FRA:CH2A) Pre-Tax Income : €-2,521.4 Mil (TTM As of Mar. 2024)


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What is Lucid Group Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. Lucid Group's pretax income for the three months ended in Mar. 2024 was €-626.2 Mil. Its pretax income for the trailing twelve months (TTM) ended in Mar. 2024 was €-2,521.4 Mil. Lucid Group's pretax margin was -394.04%.

During the past 5 years, Lucid Group's highest Pretax Margin was -214.42%. The lowest was -18097.79%. And the median was -6042.14%.


Lucid Group Pre-Tax Income Historical Data

The historical data trend for Lucid Group's Pre-Tax Income 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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Lucid Group Pre-Tax Income Chart

Lucid Group Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Pre-Tax Income
-249.60 -591.49 -2,283.05 -1,231.05 -2,592.72

Lucid Group Quarterly Data
Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Pre-Tax Income 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 -727.96 -704.84 -590.87 -599.49 -626.22

Competitive Comparison of Lucid Group's Pre-Tax Income

For the Auto Manufacturers subindustry, Lucid Group's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income 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.


Lucid Group's Pre-Tax Income Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Lucid Group's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Lucid Group's Pre-Tax Income falls into.



Lucid Group Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

Lucid Group's Pretax Income for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=-2819.814+62.621+-22.847+187.319+0.0010000000002037
=-2,592.7

Lucid Group's Pretax Income for the quarter that ended in Mar. 2024 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=-671.522+5.625+-6.901+46.581+0
=-626.2

Pre-Tax Income for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-2,521.4 Mil.

* 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.


Lucid Group  (FRA:CH2A) Pre-Tax Income Explanation

Lucid Group's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pretax Income/Revenue
=-626.217/158.921
=-394.04%

During the past 5 years, Lucid Group's highest Pretax Margin was -214.42%. The lowest was -18097.79%. And the median was -6042.14%.

* 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.


Lucid Group Pre-Tax Income Related Terms

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Lucid Group (FRA:CH2A) Business Description

Traded in Other Exchanges
Address
7373 Gateway Boulevard, Newark, CA, USA, 94560
Lucid Group Inc is a technology and automotive company. It develops the next generation of electric vehicle (EV) technologies. It is a vertically integrated company that designs, engineers, and builds electric vehicles, EV powertrains, and battery systems in-house using our own equipment and factory.

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