Marfrig Global Foods (STU:MGP1) Pre-Tax Income : €-607 Mil (TTM As of Mar. 2024)

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What is Marfrig Global Foods Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. Marfrig Global Foods's pretax income for the three months ended in Mar. 2024 was €-18 Mil. Its pretax income for the trailing twelve months (TTM) ended in Mar. 2024 was €-607 Mil. Marfrig Global Foods's pretax margin was -0.30%.

During the past 13 years, Marfrig Global Foods's highest Pretax Margin was 10.43%. The lowest was -14.46%. And the median was -4.31%.

Marfrig Global Foods Pre-Tax Income Historical Data

The historical data trend for Marfrig Global Foods'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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Marfrig Global Foods Pre-Tax Income Chart

Marfrig Global Foods Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Pre-Tax Income

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296.59

819.38

1,393.24

538.43

-849.89

Marfrig Global Foods Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Pre-Tax Income	Get a 7-Day Free Trial															-279.88	-361.93	-178.92	-48.44	-17.71

Competitive Comparison of Marfrig Global Foods's Pre-Tax Income

For the Packaged Foods subindustry, Marfrig Global Foods'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.

Marfrig Global Foods's Pre-Tax Income Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Marfrig Global Foods's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Marfrig Global Foods's Pre-Tax Income falls into.

Marfrig Global Foods Pre-Tax Income Calculation

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

Marfrig Global Foods'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
	=	210.486	+	0	+	-1010.354	+	275.948	+	-325.973
	=	-850

Marfrig Global Foods'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
	=	164.623	+	0	+	-236.149	+	62.84	+	-9.019
	=	-18

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 €-607 Mil.

Marfrig Global Foods (STU:MGP1) Pre-Tax Income Explanation

Marfrig Global Foods's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin	=	Pretax Income	/	Revenue
	=	-17.705	/	5836.307
	=	-0.30%

During the past 13 years, Marfrig Global Foods's highest Pretax Margin was 10.43%. The lowest was -14.46%. And the median was -4.31%.

Marfrig Global Foods Pre-Tax Income Related Terms

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Marfrig Global Foods (STU:MGP1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Marfrig Global Foods SA (STU:MGP1) » Definitions » Pre-Tax Income

Comparable Companies

Traded in Other Exchanges

MRRTY:USA MGP1:Germany MRFG3:Brazil

Address

Avenida Queiroz Filho, 1560, Torre Sabia, 3rd Floor, Vila Hamburguesa, Sao Paulo, SP, BRA, 05319-000

Website

https://www.marfrig.com.br

Marfrig Global Foods SA is a Brazilian-based food processing company that produces, processes, and distributes meat and non-meat products. The company has operations worldwide, including in Brazil, Argentina, Chile, Uruguay, and the United States. The company's activities include production and processing of foods made from animal proteins as well as other products such as frozen vegetables and sauces. The company organizes itself into four main segments: Beef - North America, Beef - South America, Poultry, Pork and Processed Products - BRF and Corporate. The company earns more than half of its revenue through its operations in Beef - North America.

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