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Grupo Argos (BOG:GRUPOARGOS) Pretax Margin % : 40.63% (As of Mar. 2024)


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What is Grupo Argos Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Grupo Argos's Pre-Tax Income for the three months ended in Mar. 2024 was COP1,843,886 Mil. Grupo Argos's Revenue for the three months ended in Mar. 2024 was COP4,538,378 Mil. Therefore, Grupo Argos's pretax margin for the quarter that ended in Mar. 2024 was 40.63%.

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

BOG:GRUPOARGOS' s Pretax Margin % Range Over the Past 10 Years
Min: 2.9   Med: 10.18   Max: 15.62
Current: 15.62


BOG:GRUPOARGOS's Pretax Margin % is ranked better than
77.55% of 383 companies
in the Building Materials industry
Industry Median: 6.89 vs BOG:GRUPOARGOS: 15.62

Grupo Argos Pretax Margin % Historical Data

The historical data trend for Grupo Argos'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.

* Premium members only.

Grupo Argos Pretax Margin % Chart

Grupo Argos Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.09 2.90 10.16 10.56 9.87

Grupo Argos Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Pretax Margin % 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 16.29 10.15 10.23 6.28 40.63

Competitive Comparison of Grupo Argos's Pretax Margin %

For the Building Materials subindustry, Grupo Argos'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.


Grupo Argos's Pretax Margin % Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Grupo Argos's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Grupo Argos's Pretax Margin % falls into.



Grupo Argos 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.

Grupo Argos's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=2230693/22593101
=9.87 %

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

Pretax Margin=Pre-Tax Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=1843886/4538378
=40.63 %

* 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.


Grupo Argos  (BOG:GRUPOARGOS) 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.


Grupo Argos Pretax Margin % Related Terms

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Grupo Argos (BOG:GRUPOARGOS) Business Description

Traded in Other Exchanges
Address
Carrera 43A, No. 1A Sur 143, Santillana Center - South Tower, Medellin, COL
Grupo Argos SA is a holding company with businesses spanning multiple industries including cement, energy, highway and airport construction, port operations, real estate, and coal. The Cement segment, which generates the majority of revenue, has a majority ownership stake in Cementos Argos, which manufactures and sells cement, concrete, and cement-related products in multiple countries throughout the Americas. The Energy segment has a majority ownership stake in a company named Celsia, which generates and sells gas, thermal energy, and hydroelectric energy throughout Central and South America.

Grupo Argos (BOG:GRUPOARGOS) Headlines

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