Telefonaktiebolaget L M Ericsson (Telefonaktiebolaget L M Ericsson) Pre-Tax Income : $-1,913 Mil (TTM As of Mar. 2024)

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What is Telefonaktiebolaget L M Ericsson Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. Telefonaktiebolaget L M Ericsson's pretax income for the three months ended in Mar. 2024 was $349 Mil. Its pretax income for the trailing twelve months (TTM) ended in Mar. 2024 was $-1,913 Mil. Telefonaktiebolaget L M Ericsson's pretax margin was 6.81%.

During the past 13 years, Telefonaktiebolaget L M Ericsson's highest Pretax Margin was 12.59%. The lowest was -17.51%. And the median was 5.40%.

Telefonaktiebolaget L M Ericsson Pre-Tax Income Historical Data

The historical data trend for Telefonaktiebolaget L M Ericsson's Pre-Tax Income 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.

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Telefonaktiebolaget L M Ericsson Pre-Tax Income Chart

Telefonaktiebolaget L M Ericsson Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Pre-Tax Income

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928.93

3,253.82

3,217.96

2,371.27

-2,273.34

Telefonaktiebolaget L M Ericsson Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Pre-Tax Income	Get a 7-Day Free Trial															203.22	-67.88	-2,672.76	478.67	348.56

Competitive Comparison of Telefonaktiebolaget L M Ericsson's Pre-Tax Income

For the Communication Equipment subindustry, Telefonaktiebolaget L M Ericsson's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income 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.

Telefonaktiebolaget L M Ericsson's Pre-Tax Income Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Telefonaktiebolaget L M Ericsson's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Telefonaktiebolaget L M Ericsson's Pre-Tax Income falls into.

Telefonaktiebolaget L M Ericsson Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

Telefonaktiebolaget L M Ericsson's Pretax Income for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Income	=	Operating Income	+	Non Operating Income	+	Interest Expense	+	Interest Income	+	Other
	=	1168.207	+	-3242.961	+	-318.106	+	184.936	+	-65.415
	=	-2,273

Telefonaktiebolaget L M Ericsson's Pretax Income for the quarter that ended in Mar. 2024 is calculated as

Pretax Income	=	Operating Income	+	Non Operating Income	+	Interest Expense	+	Interest Income	+	Other
	=	419.832	+	-31.12	+	-105.558	+	65.41	+	5.6843418860808E-14
	=	349

Pre-Tax Income for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1,913 Mil.

Telefonaktiebolaget L M Ericsson (NAS:ERIC) Pre-Tax Income Explanation

Telefonaktiebolaget L M Ericsson's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin	=	Pretax Income	/	Revenue
	=	348.564	/	5121.839
	=	6.81%

During the past 13 years, Telefonaktiebolaget L M Ericsson's highest Pretax Margin was 12.59%. The lowest was -17.51%. And the median was 5.40%.

Telefonaktiebolaget L M Ericsson Pre-Tax Income Related Terms

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Telefonaktiebolaget L M Ericsson (Telefonaktiebolaget L M Ericsson) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Telefonaktiebolaget L M Ericsson (NAS:ERIC) » Definitions » Pre-Tax Income

Comparable Companies

Address

Torshamnsgatan 21, Kista, Stockholm, SWE, SE-164 83

Website

https://www.ericsson.com

Ericsson provides telecom equipment and services that are primarily used to build and facilitate mobile networks through operations in three segments: networks, cloud and software services, and enterprises. The firm's customers have historically been primarily wireless carriers, but the firm is making a push to cater more to other enterprises as well, both as they try to take advantage of 5G capabilities and on other "as-a-service" communications platforms. The company also licenses its patents to handset manufacturers so their devices are compatible with wireless networks.