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Titan Cement International (XBRU:TITC) Pretax Margin % : 13.10% (As of Dec. 2023)


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What is Titan Cement International Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Titan Cement International's Pre-Tax Income for the three months ended in Dec. 2023 was €86 Mil. Titan Cement International's Revenue for the three months ended in Dec. 2023 was €655 Mil. Therefore, Titan Cement International's pretax margin for the quarter that ended in Dec. 2023 was 13.10%.

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

XBRU:TITC' s Pretax Margin % Range Over the Past 10 Years
Min: 2.3   Med: 4.88   Max: 13.52
Current: 13.52


XBRU:TITC's Pretax Margin % is ranked better than
72.32% of 383 companies
in the Building Materials industry
Industry Median: 7.01 vs XBRU:TITC: 13.52

Titan Cement International Pretax Margin % Historical Data

The historical data trend for Titan Cement International'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.

Titan Cement International Pretax Margin % Chart

Titan Cement International Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial 4.00 2.30 6.32 6.01 13.34

Titan Cement International Quarterly Data
Dec16 Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 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 4.70 - 16.88 13.10 10.38

Competitive Comparison of Titan Cement International's Pretax Margin %

For the Building Materials subindustry, Titan Cement International'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.


Titan Cement International's Pretax Margin % Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Titan Cement International's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Titan Cement International's Pretax Margin % falls into.



Titan Cement International 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.

Titan Cement International'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 )
=339.685/2546.974
=13.34 %

Titan Cement International'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 )
=85.801/654.756
=13.10 %

* 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.


Titan Cement International  (XBRU:TITC) 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.


Titan Cement International Pretax Margin % Related Terms

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Titan Cement International (XBRU:TITC) Business Description

Traded in Other Exchanges
Address
Rue de la Loi 23, 7th Floor, P.O. Box 4, Brussels, BEL, 1040
Titan Cement International SA and its subsidiaries are engaged in the production, trade, and distribution of a wide range of construction materials, including cement, concrete, aggregates, cement blocks, dry mortars and fly ash. Its Geographical operating segment includes Greece and Western Europe; North America; South Eastern Europe and Eastern Mediterranean. The company derives a majority of revenue from North America.

Titan Cement International (XBRU:TITC) Headlines

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