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Amber Grid AB (OVSE:AMG1L) Pretax Margin % : 22.67% (As of Mar. 2024)


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What is Amber Grid AB Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Amber Grid AB's Pre-Tax Income for the three months ended in Mar. 2024 was €4.66 Mil. Amber Grid AB's Revenue for the three months ended in Mar. 2024 was €20.57 Mil. Therefore, Amber Grid AB's pretax margin for the quarter that ended in Mar. 2024 was 22.67%.

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

OVSE:AMG1L' s Pretax Margin % Range Over the Past 10 Years
Min: -263.7   Med: 22.74   Max: 36.52
Current: 21.22


OVSE:AMG1L's Pretax Margin % is ranked better than
78.14% of 517 companies
in the Utilities - Regulated industry
Industry Median: 10.81 vs OVSE:AMG1L: 21.22

Amber Grid AB Pretax Margin % Historical Data

The historical data trend for Amber Grid 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.

Amber Grid AB Pretax Margin % Chart

Amber Grid 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 27.03 28.87 34.34 18.89 17.16

Amber Grid 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 9.91 60.21 21.13 -16.07 22.67

Competitive Comparison of Amber Grid AB's Pretax Margin %

For the Utilities - Regulated Gas subindustry, Amber Grid 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.


Amber Grid AB's Pretax Margin % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Amber Grid AB's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Amber Grid AB's Pretax Margin % falls into.



Amber Grid 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.

Amber Grid 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 )
=13.72/79.95
=17.16 %

Amber Grid 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 )
=4.662/20.567
=22.67 %

* 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.


Amber Grid AB  (OVSE:AMG1L) 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.


Amber Grid AB Pretax Margin % Related Terms

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Amber Grid AB (OVSE:AMG1L) Business Description

Traded in Other Exchanges
Address
Laisv?s pr. 10, Vilnius, LTU, LT-04215
Amber Grid AB is a part of the oil and gas sector. It is a natural gas transmission system operator in Lithuania. It is responsible for maintaining the natural gas transmission system for users of the natural gas infrastructure, operation, maintenance, and development. The company's transmission system mainly consists of gas pipelines, gas compressor stations, metering stations and distribution pipelines corrosion protection devices, data transmission, and communication systems. The company reports in two segments that are natural gas transmission operations and natural gas exchange operator activities, out of which the majority of revenue comes from natural gas transmission operations.

Amber Grid AB (OVSE:AMG1L) Headlines

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