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Heidelberg Materials AG (XTER:HEI) Pretax Margin % : 16.08% (As of Dec. 2023)


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What is Heidelberg Materials AG Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Heidelberg Materials AG's Pre-Tax Income for the six months ended in Dec. 2023 was €1,722 Mil. Heidelberg Materials AG's Revenue for the six months ended in Dec. 2023 was €10,705 Mil. Therefore, Heidelberg Materials AG's pretax margin for the quarter that ended in Dec. 2023 was 16.08%.

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

XTER:HEI' s Pretax Margin % Range Over the Past 10 Years
Min: -9.1   Med: 9.76   Max: 15.46
Current: 13.45


XTER:HEI's Pretax Margin % is ranked better than
71.92% of 381 companies
in the Building Materials industry
Industry Median: 7.37 vs XTER:HEI: 13.45

Heidelberg Materials AG Pretax Margin % Historical Data

The historical data trend for Heidelberg Materials 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.

Heidelberg Materials AG Pretax Margin % Chart

Heidelberg Materials AG 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 8.66 -9.10 15.46 10.51 13.45

Heidelberg Materials AG Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 17.85 8.29 12.49 10.77 16.08

Competitive Comparison of Heidelberg Materials AG's Pretax Margin %

For the Building Materials subindustry, Heidelberg Materials 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.


Heidelberg Materials AG's Pretax Margin % Distribution in the Building Materials Industry

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

* The bar in red indicates where Heidelberg Materials AG's Pretax Margin % falls into.



Heidelberg Materials 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.

Heidelberg Materials 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 )
=2849/21177.6
=13.45 %

Heidelberg Materials 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 )
=1721.5/10705
=16.08 %

* 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.


Heidelberg Materials AG  (XTER:HEI) 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.


Heidelberg Materials AG Pretax Margin % Related Terms

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Heidelberg Materials AG (XTER:HEI) Business Description

Address
Berliner Strasse 6, Heidelberg, BW, DEU, 69120
Heidelberg Materials is one of the world's largest building materials companies, with operations in 60 countries. Its core activities include the production of cement and aggregates, which are used to construct houses, infrastructure, and commercial facilities. The sale of cement and aggregates accounts for the majority of group revenue and profits. North America is the company's largest market, contributing 29% of EBITDA, followed by Western and Southern Europe, contributing 21%. Heidelberg Materials is listed in Germany and has 55,000 employees.
Executives
Ludwig Merckle Supervisory Board
René Aldach Board of Directors
Dennis Lentz Board of Directors
Ernest Jelito Board of Directors
Christopher Ward Board of Directors
Kevin Gluskie Board of Directors
Dr. Dominik Von Achten Board of Directors