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Akfen Yenilenebilir Enerji (IST:AKFYE) Pretax Margin % : 124.92% (As of Dec. 2023)


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What is Akfen Yenilenebilir Enerji Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Akfen Yenilenebilir Enerji's Pre-Tax Income for the three months ended in Dec. 2023 was ₺2,383 Mil. Akfen Yenilenebilir Enerji's Revenue for the three months ended in Dec. 2023 was ₺1,907 Mil. Therefore, Akfen Yenilenebilir Enerji's pretax margin for the quarter that ended in Dec. 2023 was 124.92%.

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

IST:AKFYE' s Pretax Margin % Range Over the Past 10 Years
Min: -59.59   Med: -36.41   Max: 77.85
Current: 77.85


IST:AKFYE's Pretax Margin % is ranked better than
94.69% of 414 companies
in the Utilities - Independent Power Producers industry
Industry Median: 11.835 vs IST:AKFYE: 77.85

Akfen Yenilenebilir Enerji Pretax Margin % Historical Data

The historical data trend for Akfen Yenilenebilir Enerji'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.

Akfen Yenilenebilir Enerji Pretax Margin % Chart

Akfen Yenilenebilir Enerji Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
-59.59 -36.41 21.11 -41.70 77.85

Akfen Yenilenebilir Enerji Quarterly Data
Dec19 Dec20 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -108.36 22.75 18.82 73.30 124.92

Competitive Comparison of Akfen Yenilenebilir Enerji's Pretax Margin %

For the Utilities - Renewable subindustry, Akfen Yenilenebilir Enerji'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.


Akfen Yenilenebilir Enerji's Pretax Margin % Distribution in the Utilities - Independent Power Producers Industry

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

* The bar in red indicates where Akfen Yenilenebilir Enerji's Pretax Margin % falls into.



Akfen Yenilenebilir Enerji 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.

Akfen Yenilenebilir Enerji'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 )
=3396.665/4363.237
=77.85 %

Akfen Yenilenebilir Enerji'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 )
=2382.518/1907.188
=124.92 %

* 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.


Akfen Yenilenebilir Enerji  (IST:AKFYE) 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.


Akfen Yenilenebilir Enerji Pretax Margin % Related Terms

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Akfen Yenilenebilir Enerji (IST:AKFYE) Business Description

Traded in Other Exchanges
N/A
Address
Turan Gunes Bulvar? Galip Erdem Caddesi, No:3, Ilkbahar Mahallesi, Cankaya, Ankara, TUR
Akfen Yenilenebilir Enerji operates as a renewable energy company. The company generates and trades electricity through renewable energy power plants such as hydroelectric power plant facilities, Solar Power Plants, and Wind Power Plants.

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