Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Altice USA's Pre-Tax Income for the
three
months ended in Dec. 2023 was $-181 Mil. Altice USA's Revenue for the
three
months ended in Dec. 2023 was $2,302 Mil. Therefore, Altice USA's pretax margin for the quarter that ended in Dec. 2023 was -7.85%.
The historical rank and industry rank for Altice USA's Pretax Margin % or its related term are showing as below:
ATUS'
s Pretax Margin % Range Over the Past 10 Years
Min: -18.13 Med: 1.6 Max: 12.94
Current: 1.28
ATUS's Pretax Margin % is ranked worse than 66.75% of 382
companies
in the Telecommunication Services industry
Industry Median: 5.77
vs ATUS: 1.28
Altice USA Pretax Margin % Historical Data
The historical data trend for Altice USA'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.
Competitive Comparison of Altice USA's Pretax Margin %
For the Telecom Services subindustry, Altice USA'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.
Altice USA's Pretax Margin % Distribution in the Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Altice USA's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Altice USA's Pretax Margin % falls into.
Altice USA 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.
Altice USA's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
Altice USA (NYSE:ATUS) 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.
Altice USA Pretax Margin % Related Terms
Thank you for viewing the detailed overview of Altice USA's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Altice Europe acquired privately held U.S. cable company Suddenlink in 2015 and Cablevision in 2016. Suddenlink's networks provide television, internet access, and phone services to roughly 3.5 million U.S. homes and businesses located primarily in smaller markets, with major clusters in Texas, West Virginia, Idaho, Arizona, and Louisiana. Cablevision provides comparable services to about 5.5 million homes and business in the New York City metro area. Both regions operate under the Optimum brand name. Altice Europe spun off Altice USA, which includes both the Suddenlink and Cablevision operations, to shareholders in 2018. Altice USA also owns News 12 Networks, which broadcasts local news in New York, i24News, a news operation focused on the Middle East, and Cheddar, a news upstart.
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