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Eldorado Gold (Eldorado Gold) Pretax Margin % : 19.99% (As of Mar. 2024)


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What is Eldorado Gold Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Eldorado Gold's Pre-Tax Income for the three months ended in Mar. 2024 was $51 Mil. Eldorado Gold's Revenue for the three months ended in Mar. 2024 was $256 Mil. Therefore, Eldorado Gold's pretax margin for the quarter that ended in Mar. 2024 was 19.99%.

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

EGO' s Pretax Margin % Range Over the Past 10 Years
Min: -384.93   Med: 13.71   Max: 21.33
Current: 17.58


EGO's Pretax Margin % is ranked better than
82.33% of 860 companies
in the Metals & Mining industry
Industry Median: 0.605 vs EGO: 17.58

Eldorado Gold Pretax Margin % Historical Data

The historical data trend for Eldorado Gold'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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Eldorado Gold Pretax Margin % Chart

Eldorado Gold 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 18.42 20.10 16.69 1.36 16.17

Eldorado Gold 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 14.20 17.10 18.42 15.17 19.99

Competitive Comparison of Eldorado Gold's Pretax Margin %

For the Gold subindustry, Eldorado Gold'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.


Eldorado Gold's Pretax Margin % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Eldorado Gold's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Eldorado Gold's Pretax Margin % falls into.



Eldorado Gold 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.

Eldorado Gold'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 )
=163.365/1010.099
=16.17 %

Eldorado Gold'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 )
=51.194/256.065
=19.99 %

* 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.


Eldorado Gold  (NYSE:EGO) 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.


Eldorado Gold Pretax Margin % Related Terms

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Eldorado Gold (Eldorado Gold) Business Description

Traded in Other Exchanges
Address
550 Burrard Street, Suite 1188, Bentall 5, Vancouver, BC, CAN, V6C 2B5
Eldorado Gold Corp is a gold and base metals producer with mining, development, and exploration operations in Turkey, Canada, Greece and Romania. It has a portfolio of high-quality assets and long-term partnerships with local communities. Some of its projects include Kisladag, Efemcukuru, Skouries; Perama Hill, and Certej projects.

Eldorado Gold (Eldorado Gold) Headlines