Coles Group (ASX:COL) Pretax Margin % : 3.82% (As of Dec. 2023)

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What is Coles Group Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Coles Group's Pre-Tax Income for the six months ended in Dec. 2023 was A$851 Mil. Coles Group's Revenue for the six months ended in Dec. 2023 was A$22,274 Mil. Therefore, Coles Group's pretax margin for the quarter that ended in Dec. 2023 was 3.82%.

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

ASX:COL' s Pretax Margin % Range Over the Past 10 Years
Min: 3.45 Med: 3.71 Max: 3.74
Current: 3.45

ASX:COL's Pretax Margin % is ranked better than
56.91% of 311 companies
in the Retail - Defensive industry
Industry Median: 3.02 vs ASX:COL: 3.45

Coles Group Pretax Margin % Historical Data

The historical data trend for Coles Group'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.

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Coles Group Pretax Margin % Chart

Coles Group Annual Data

Trend

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Pretax Margin %

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3.71

3.49

3.71

3.74

3.62

Coles Group Semi-Annual Data
	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Pretax Margin %	Get a 7-Day Free Trial						3.77	3.71	4.17	3.03	3.82

Competitive Comparison of Coles Group's Pretax Margin %

For the Grocery Stores subindustry, Coles Group'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.

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

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

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

Coles Group 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.

Coles Group's Pretax Margin for the fiscal year that ended in Jun. 2023 is calculated as

Pretax Margin	=	Pre-Tax Income (A: Jun. 2023 )	/	Revenue (A: Jun. 2023 )
	=	1465	/	40483
	=	3.62 %

Coles Group'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 )
	=	851	/	22274
	=	3.82 %

Coles Group (ASX:COL) 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.

Coles Group Pretax Margin % Related Terms

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Coles Group (ASX:COL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Coles Group Ltd (ASX:COL) » Definitions » Pretax Margin %

Comparable Companies

Traded in Other Exchanges

CLEGF:USA 2OF:Germany

Address

800-838 Toorak Road, Hawthorn East, Melbourne, VIC, AUS, 3123

Website

https://www.colesgroup.com.au

Coles Group Limited is one of Australia's largest retailers, operating the second-largest supermarket chain behind market leader Woolworths, and is the country's third-largest liquor retailer. The group has an extensive store network of about 2,500 store outlets and roughly 80% of Australian live within a 10-minute drive from their nearest Coles store. The retailer employs some 110,000 people, who process over 20 million individual customer transactions a week. This compares with Woolworths processing almost 30 million customer transactions per week from Australia's population of 25 million.