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Corticeira Amorim SGPS (XLIS:COR) Pretax Margin % : 9.11% (As of Dec. 2023)


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What is Corticeira Amorim SGPS Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Corticeira Amorim SGPS's Pre-Tax Income for the three months ended in Dec. 2023 was €20.2 Mil. Corticeira Amorim SGPS's Revenue for the three months ended in Dec. 2023 was €222.2 Mil. Therefore, Corticeira Amorim SGPS's pretax margin for the quarter that ended in Dec. 2023 was 9.11%.

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

XLIS:COR' s Pretax Margin % Range Over the Past 10 Years
Min: 9.54   Med: 12.1   Max: 22.23
Current: 12.28


XLIS:COR's Pretax Margin % is ranked better than
80.97% of 289 companies
in the Forest Products industry
Industry Median: 3.42 vs XLIS:COR: 12.28

Corticeira Amorim SGPS Pretax Margin % Historical Data

The historical data trend for Corticeira Amorim SGPS'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.

Corticeira Amorim SGPS Pretax Margin % Chart

Corticeira Amorim SGPS 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 11.70 10.82 12.11 11.41 12.28

Corticeira Amorim SGPS Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.61 13.49 15.35 10.19 9.11

Competitive Comparison of Corticeira Amorim SGPS's Pretax Margin %

For the Lumber & Wood Production subindustry, Corticeira Amorim SGPS'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.


Corticeira Amorim SGPS's Pretax Margin % Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Corticeira Amorim SGPS's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Corticeira Amorim SGPS's Pretax Margin % falls into.



Corticeira Amorim SGPS 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.

Corticeira Amorim SGPS'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 )
=121.039/985.467
=12.28 %

Corticeira Amorim SGPS'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 )
=20.243/222.248
=9.11 %

* 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.


Corticeira Amorim SGPS  (XLIS:COR) 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.


Corticeira Amorim SGPS Pretax Margin % Related Terms

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Corticeira Amorim SGPS (XLIS:COR) Business Description

Traded in Other Exchanges
Address
No. 380, Rua Comendador Américo Ferreira de Amorim, Mozelos, PRT, 4536-902
Corticeira Amorim SGPS SA (Corticeira Amorim) is a holding company engaged in cork-related products. Group organizes its activities into five business divisions: Raw Materials, Cork Stoppers, Floor and wall Coverings, Cork Composites, and Insulation Cork. The company's products include stoppers for wine and other spirits, granulated cork, rubber cork, cork floorings and giftware. The business of the company is operated through Portugal, Spain, Tunisia, the United States, Australia, Germany, China, Italy, Argentina, France and Netherlands. The company derives majority of the revenue from European region.