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Daimler Truck Holding AG (WBO:DTG) Pretax Margin % : 10.23% (As of Dec. 2023)


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What is Daimler Truck Holding AG Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Daimler Truck Holding AG's Pre-Tax Income for the three months ended in Dec. 2023 was €1,529 Mil. Daimler Truck Holding AG's Revenue for the three months ended in Dec. 2023 was €14,950 Mil. Therefore, Daimler Truck Holding AG's pretax margin for the quarter that ended in Dec. 2023 was 10.23%.

The historical rank and industry rank for Daimler Truck Holding AG's Pretax Margin % or its related term are showing as below:

WBO:DTG' s Pretax Margin % Range Over the Past 10 Years
Min: 0.93   Med: 6.31   Max: 9.53
Current: 9.53


WBO:DTG's Pretax Margin % is ranked better than
68.27% of 208 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 6.76 vs WBO:DTG: 9.53

Daimler Truck Holding AG Pretax Margin % Historical Data

The historical data trend for Daimler Truck Holding AG'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.

Daimler Truck Holding AG Pretax Margin % Chart

Daimler Truck Holding AG Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial 5.69 0.93 8.23 6.77 9.53

Daimler Truck Holding AG Quarterly Data
Dec18 Dec19 Sep20 Dec20 Mar21 Jun21 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.03 8.87 9.95 9.00 10.23

Competitive Comparison of Daimler Truck Holding AG's Pretax Margin %

For the Farm & Heavy Construction Machinery subindustry, Daimler Truck Holding AG'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.


Daimler Truck Holding AG's Pretax Margin % Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Daimler Truck Holding AG's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Daimler Truck Holding AG's Pretax Margin % falls into.



Daimler Truck Holding AG 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.

Daimler Truck Holding AG'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 )
=5327/55890
=9.53 %

Daimler Truck Holding AG'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 )
=1529/14950
=10.23 %

* 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.


Daimler Truck Holding AG  (WBO:DTG) 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.


Daimler Truck Holding AG Pretax Margin % Related Terms

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Daimler Truck Holding AG (WBO:DTG) Business Description

Traded in Other Exchanges
Address
Fasanenweg 10, Leinfelden-Echterdingen, BW, DEU, 70771
Daimler Truck Holding AG is a commercial vehicle manufacturer. It operates through various brands including Bharat Benz, Freightliner, Fuso, Mercedes-Benz, Setra, Thomas Built Buses, and Western Star. Its products include Trucks, Buses, and Financial Services. The Group has five reportable segments: Trucks North America, Mercedes-Benz, Trucks Asia, Daimler Buses, and Financial Services. It generates maximum revenue from the Trucks North America segment. The Trucks North America segment develops, manufactures and sells trucks under the Freightliner and Western Star brands in North America. The segment's product range also includes buses of Thomas Built Buses as well as bus chassis.

Daimler Truck Holding AG (WBO:DTG) Headlines

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