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Bicecorp (XSGO:BICECORP) Pretax Margin % : 16.91% (As of Mar. 2024)


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What is Bicecorp Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Bicecorp's Pre-Tax Income for the three months ended in Mar. 2024 was CLP92,796 Mil. Bicecorp's Revenue for the three months ended in Mar. 2024 was CLP548,605 Mil. Therefore, Bicecorp's pretax margin for the quarter that ended in Mar. 2024 was 16.91%.

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

XSGO:BICECORP' s Pretax Margin % Range Over the Past 10 Years
Min: 9.43   Med: 11.44   Max: 17.48
Current: 14.09


XSGO:BICECORP's Pretax Margin % is ranked better than
65.79% of 114 companies
in the Diversified Financial Services industry
Industry Median: 3.29 vs XSGO:BICECORP: 14.09

Bicecorp Pretax Margin % Historical Data

The historical data trend for Bicecorp'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.

Bicecorp Pretax Margin % Chart

Bicecorp 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 12.26 12.38 17.48 9.43 11.78

Bicecorp 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 7.10 14.35 14.30 11.10 16.91

Competitive Comparison of Bicecorp's Pretax Margin %

For the Financial Conglomerates subindustry, Bicecorp'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.


Bicecorp's Pretax Margin % Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Bicecorp's Pretax Margin % distribution charts can be found below:

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



Bicecorp 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.

Bicecorp'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 )
=263302.821/2234653.462
=11.78 %

Bicecorp'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 )
=92795.699/548605.345
=16.91 %

* 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.


Bicecorp  (XSGO:BICECORP) 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.


Bicecorp Pretax Margin % Related Terms

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Bicecorp (XSGO:BICECORP) Business Description

Traded in Other Exchanges
N/A
Address
Av. Apoquindo no 3846, 17th Floor, Las Condes, Santiago, CHL
Bicecorp SA is a Chile based investment holding company. It is engaged in the business areas of Commercial banking in which the company offered products include financing, cash management, foreign trade, payments and collections, lines of credit, credit cards, means of payment, treasury and insurance brokerage; Mutual mortgage; Life insurance which includes products like pension and private annuities, individual and collective life and health insurance, disability and survival insurance (SIS) and consumer loans; Investments; Real estate through which the entity provides services like financing (leasing), real estate rents, project development and advising on matters real estate; Asset securitization; and Automotive financing.

Bicecorp (XSGO:BICECORP) Headlines

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