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Serena Energia (BSP:SRNA3) Pretax Margin % : 41.76% (As of Mar. 2024)


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What is Serena Energia Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Serena Energia's Pre-Tax Income for the three months ended in Mar. 2024 was R$287 Mil. Serena Energia's Revenue for the three months ended in Mar. 2024 was R$688 Mil. Therefore, Serena Energia's pretax margin for the quarter that ended in Mar. 2024 was 41.76%.

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

BSP:SRNA3' s Pretax Margin % Range Over the Past 10 Years
Min: 1.34   Med: 4.99   Max: 307.7
Current: 23.28


BSP:SRNA3's Pretax Margin % is ranked better than
72.55% of 419 companies
in the Utilities - Independent Power Producers industry
Industry Median: 11.55 vs BSP:SRNA3: 23.28

Serena Energia Pretax Margin % Historical Data

The historical data trend for Serena Energia'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.

Serena Energia Pretax Margin % Chart

Serena Energia Annual Data
Trend Dec21 Dec22 Dec23
Pretax Margin %
307.70 1.34 4.99

Serena Energia Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 19.59 -11.63 15.50 17.18 41.76

Competitive Comparison of Serena Energia's Pretax Margin %

For the Utilities - Renewable subindustry, Serena Energia'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.


Serena Energia's Pretax Margin % Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Serena Energia's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Serena Energia's Pretax Margin % falls into.



Serena Energia 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.

Serena Energia'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 )
=151.511/3037.319
=4.99 %

Serena Energia'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 )
=287.253/687.861
=41.76 %

* 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.


Serena Energia  (BSP:SRNA3) 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.


Serena Energia Pretax Margin % Related Terms

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Serena Energia (BSP:SRNA3) Business Description

Traded in Other Exchanges
N/A
Address
Rua Elvira Ferraz, no. 68, 12th floor, Conjuntos no. 123 and 124, Vila Olimpia, Sao Paulo, SP, BRA, 04552-040
Serena Energia SA is engaged in the generation of renewable energy. Its portfolio includes wind, hydro, and solar operational assets.

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