IDP Education (ASX:IEL) Pretax Margin % : 23.51% (As of Dec. 2023)

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What is IDP Education Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. IDP Education's Pre-Tax Income for the six months ended in Dec. 2023 was A$136 Mil. IDP Education's Revenue for the six months ended in Dec. 2023 was A$577 Mil. Therefore, IDP Education's pretax margin for the quarter that ended in Dec. 2023 was 23.51%.

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

ASX:IEL' s Pretax Margin % Range Over the Past 10 Years
Min: 11.13 Med: 15.72 Max: 21.55
Current: 21.55

ASX:IEL's Pretax Margin % is ranked better than
79.09% of 263 companies
in the Education industry
Industry Median: 6.78 vs ASX:IEL: 21.55

IDP Education Pretax Margin % Historical Data

The historical data trend for IDP Education'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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IDP Education Pretax Margin % Chart

IDP Education Annual Data

Trend

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Pretax Margin %

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15.95

17.47

11.13

19.18

21.11

IDP Education Semi-Annual Data
	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Pretax Margin %	Get a 7-Day Free Trial												18.92	19.43	22.96	19.19	23.51

Competitive Comparison of IDP Education's Pretax Margin %

For the Education & Training Services subindustry, IDP Education'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.

IDP Education's Pretax Margin % Distribution in the Education Industry

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

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

IDP Education 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.

IDP Education'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 )
	=	207.307	/	981.916
	=	21.11 %

IDP Education'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 )
	=	135.771	/	577.411
	=	23.51 %

IDP Education (ASX:IEL) 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.

IDP Education Pretax Margin % Related Terms

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IDP Education (ASX:IEL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » IDP Education Ltd (ASX:IEL) » Definitions » Pretax Margin %

Comparable Companies

Traded in Other Exchanges

IDPUF:USA 03F:Germany

Address

697 Collins Street, Level 10, Docklands, VIC, AUS, 3008

Website

https://www.idp.com

IDP Education is a global leader in English language testing and student placement services, constituting 64% and 27% of fiscal 2022 group revenue, respectively. Additionally, IDP operates English language schools, organizes education events and delivers consultancy services to education institutions, which constitutes the remainder of group revenue. Originally established in Australia as an aid body for Southeast Asia, today IDP operates one of the world's most widely accepted English language tests and one of the world's largest student placement services businesses, predominantly connecting prospective migrants from India and China to Australia, Canada, and the United Kingdom.

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