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Purmo Group (OHEL:PURMO) Pretax Margin % : 6.60% (As of Mar. 2024)


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What is Purmo Group Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Purmo Group's Pre-Tax Income for the three months ended in Mar. 2024 was €12.4 Mil. Purmo Group's Revenue for the three months ended in Mar. 2024 was €187.9 Mil. Therefore, Purmo Group's pretax margin for the quarter that ended in Mar. 2024 was 6.60%.

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

OHEL:PURMO' s Pretax Margin % Range Over the Past 10 Years
Min: -1.29   Med: 0.9   Max: 4.75
Current: -0.93


OHEL:PURMO's Pretax Margin % is ranked worse than
77.22% of 1655 companies
in the Construction industry
Industry Median: 4.51 vs OHEL:PURMO: -0.93

Purmo Group Pretax Margin % Historical Data

The historical data trend for Purmo Group'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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Purmo Group Pretax Margin % Chart

Purmo Group Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial - 4.75 -0.60 2.39 -1.29

Purmo Group Quarterly Data
Dec19 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 4.49 2.33 4.09 -17.43 6.60

Competitive Comparison of Purmo Group's Pretax Margin %

For the Building Products & Equipment subindustry, Purmo Group'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.


Purmo Group's Pretax Margin % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Purmo Group's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Purmo Group's Pretax Margin % falls into.



Purmo Group 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.

Purmo Group'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 )
=-9.6/743.2
=-1.29 %

Purmo Group'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 )
=12.4/187.9
=6.60 %

* 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.


Purmo Group  (OHEL:PURMO) 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.


Purmo Group Pretax Margin % Related Terms

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Purmo Group (OHEL:PURMO) Business Description

Traded in Other Exchanges
Address
Bulevardi 46, P.O. Box 115, Helsinki, FIN, 00120
Purmo Group PLC offers sustainable indoor climate comfort solutions in Europe. The company's operating segments include two divisions: Radiators and ICS. It generates the majority of the revenue from the Radiators segment which manufactures two broader product categories: panel radiators comprised of horizontal and decorative panel radiators and vertical decorative radiators, and other radiators comprised of towel warmers, decorative tubular radiators, and electric radiators. Its ICS division provides a comprehensive range of components to wholesalers, specifiers, and installers comprising four product categories; radiant heating and cooling, air heating and cooling, water distribution systems, and system components and controls.

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