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L E Lundbergforetagen AB (L E Lundbergforetagen AB) Pretax Margin % : 60.92% (As of Mar. 2024)


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What is L E Lundbergforetagen AB Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. L E Lundbergforetagen AB's Pre-Tax Income for the three months ended in Mar. 2024 was $467 Mil. L E Lundbergforetagen AB's Revenue for the three months ended in Mar. 2024 was $767 Mil. Therefore, L E Lundbergforetagen AB's pretax margin for the quarter that ended in Mar. 2024 was 60.92%.

The historical rank and industry rank for L E Lundbergforetagen AB's Pretax Margin % or its related term are showing as below:

LBGUF' s Pretax Margin % Range Over the Past 10 Years
Min: 21.12   Med: 38.36   Max: 101.41
Current: 33.62


LBGUF's Pretax Margin % is ranked worse than
70.77% of 1656 companies
in the Asset Management industry
Industry Median: 90.93 vs LBGUF: 33.62

L E Lundbergforetagen AB Pretax Margin % Historical Data

The historical data trend for L E Lundbergforetagen AB'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.

L E Lundbergforetagen AB Pretax Margin % Chart

L E Lundbergforetagen AB 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 101.41 21.12 65.40 24.44 30.17

L E Lundbergforetagen AB 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 47.54 15.71 12.37 39.93 60.92

Competitive Comparison of L E Lundbergforetagen AB's Pretax Margin %

For the Asset Management subindustry, L E Lundbergforetagen AB'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.


L E Lundbergforetagen AB's Pretax Margin % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, L E Lundbergforetagen AB's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where L E Lundbergforetagen AB's Pretax Margin % falls into.



L E Lundbergforetagen AB 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.

L E Lundbergforetagen AB'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 )
=901.185/2987.054
=30.17 %

L E Lundbergforetagen AB'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 )
=467.089/766.667
=60.92 %

* 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.


L E Lundbergforetagen AB  (OTCPK:LBGUF) 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.


L E Lundbergforetagen AB Pretax Margin % Related Terms

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L E Lundbergforetagen AB (L E Lundbergforetagen AB) Business Description

Traded in Other Exchanges
Address
Hovslagargatan 5B, PO Box 14048, Stockholm, SWE, 104 40
L E Lundbergforetagen AB is an investment holding company with a long-term, activist orientation. Its portfolio includes a wholly owned unlisted real estate entity, publicly-traded subsidiaries, and other major shareholdings. Lundberg's investment objective is to generate returns on capital that over time substantially exceed the yield on a risk-free, interest-bearing instrument. Real estate operations, which the company has conducted through subsidiaries for decades, account for nearly half of the company's net asset value. Lundberg exercises activism through board representation on all of its portfolio companies. It supports its capital allocation program by maintaining low levels of indebtedness on its balance sheet.

L E Lundbergforetagen AB (L E Lundbergforetagen AB) Headlines

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