LG Energy Solution (XKRX:373220) Pre-Tax Income : ₩2,043,459 Mil (TTM As of Dec. 2023)

View and export this data going back to 2022. Start your Free Trial

What is LG Energy Solution Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. LG Energy Solution's pretax income for the three months ended in Dec. 2023 was ₩287,545 Mil. Its pretax income for the trailing twelve months (TTM) ended in Dec. 2023 was ₩2,043,459 Mil. LG Energy Solution's pretax margin was 3.59%.

During the past 4 years, LG Energy Solution's highest Pretax Margin was 6.06%. The lowest was -41.40%. And the median was 4.12%.

LG Energy Solution Pre-Tax Income Historical Data

The historical data trend for LG Energy Solution'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.

* Premium members only.

LG Energy Solution Pre-Tax Income Chart

LG Energy Solution Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Pre-Tax Income

-604,854.00

777,184.00

995,314.00

2,043,460.00

LG Energy Solution Quarterly Data
	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Pre-Tax Income	Get a 7-Day Free Trial							365,278.00	711,189.00	645,877.00	398,848.00	287,545.00

Competitive Comparison of LG Energy Solution's Pre-Tax Income

For the Specialty Industrial Machinery subindustry, LG Energy Solution'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.

LG Energy Solution's Pre-Tax Income Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, LG Energy Solution's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where LG Energy Solution's Pre-Tax Income falls into.

LG Energy Solution Pre-Tax Income Calculation

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

LG Energy Solution'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
	=	2163234	+	0	+	-315752	+	177840	+	18138
	=	2,043,460

LG Energy Solution's Pretax Income for the quarter that ended in Dec. 2023 is calculated as

Pretax Income	=	Operating Income	+	Non Operating Income	+	Interest Expense	+	Interest Income	+	Other
	=	338220	+	0	+	-93784	+	49575	+	-6466
	=	287,545

Pre-Tax Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₩2,043,459 Mil.

LG Energy Solution (XKRX:373220) Pre-Tax Income Explanation

LG Energy Solution's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin	=	Pretax Income	/	Revenue
	=	287545	/	8001324
	=	3.59%

During the past 4 years, LG Energy Solution's highest Pretax Margin was 6.06%. The lowest was -41.40%. And the median was 4.12%.

LG Energy Solution Pre-Tax Income Related Terms

Thank you for viewing the detailed overview of LG Energy Solution's Pre-Tax Income provided by GuruFocus.com. Please click on the following links to see related term pages.

LG Energy Solution (XKRX:373220) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » LG Energy Solution Ltd (XKRX:373220) » Definitions » Pre-Tax Income

Comparable Companies

Traded in Other Exchanges

N/A

Address

Yeongdeungpo-gu, Yeoui-daero, Seoul, KOR

Website

https://www.lgensol.com

LG Energy Solution, or LGES, is the third-largest battery maker for electric vehicles, or EVs, with about 14% global share in the first half of 2023, according to SNE Research. The EV battery segment is the largest revenue contributor, which accounted for close to 60% of total revenue in 2022. Besides EV batteries, LGES also manufactures batteries for mobility, mobile phones, laptops, electrical devices, and energy storage systems. The company was spun off from LG Chem's battery division in December 2020 and listed on the Korea Exchange in January 2022. It has global manufacturing facilities in Korea, China, Poland and the United States. Key customers include General Motors, Tesla, Volkswagen, Hyundai Motors and Stellantis.

LG Energy Solution (XKRX:373220) Headlines

No Headlines