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Volvo Car AB (OSTO:VOLCAR B) Net Margin % : 3.56% (As of Mar. 2024)


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What is Volvo Car AB Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Volvo Car AB's Net Income for the three months ended in Mar. 2024 was kr3,342 Mil. Volvo Car AB's Revenue for the three months ended in Mar. 2024 was kr93,878 Mil. Therefore, Volvo Car AB's net margin for the quarter that ended in Mar. 2024 was 3.56%.

The historical rank and industry rank for Volvo Car AB's Net Margin % or its related term are showing as below:

OSTO:VOLCAR B' s Net Margin % Range Over the Past 10 Years
Min: 2.22   Med: 2.99   Max: 4.72
Current: 3.22


OSTO:VOLCAR B's Net Margin % is ranked worse than
50.93% of 1286 companies
in the Vehicles & Parts industry
Industry Median: 3.325 vs OSTO:VOLCAR B: 3.22

Volvo Car AB Net Margin % Historical Data

The historical data trend for Volvo Car AB's Net 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.

Volvo Car AB Net Margin % Chart

Volvo Car AB Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial 2.60 2.22 4.45 4.72 3.27

Volvo Car AB Quarterly Data
Dec18 Dec19 Jun20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net 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 3.77 3.26 3.26 2.84 3.56

Competitive Comparison of Volvo Car AB's Net Margin %

For the Auto Manufacturers subindustry, Volvo Car AB's Net Margin %, along with its competitors' market caps and Net 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.


Volvo Car AB's Net Margin % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Volvo Car AB's Net Margin % distribution charts can be found below:

* The bar in red indicates where Volvo Car AB's Net Margin % falls into.



Volvo Car AB Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Volvo Car AB's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=13053/399343
=3.27 %

Volvo Car AB's Net Margin for the quarter that ended in Mar. 2024 is calculated as

Net Margin=Net Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=3342/93878
=3.56 %

* 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.


Volvo Car AB  (OSTO:VOLCAR B) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Volvo Car AB Net Margin % Related Terms

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Volvo Car AB (OSTO:VOLCAR B) Business Description

Traded in Other Exchanges
Address
VAK Building, Gunnar Engellaus Vag, Gothenburg, SWE, 405 31
Volvo Car AB manufactures, designs, and supplies automobiles. The company offers a wide range of cars. Geographically, it derives a majority of its revenue from China and also has a presence in the US; Sweden; Germany; United Kingdom; Japan, and South Korea. It generates maximum revenue from the sale of new cars.

Volvo Car AB (OSTO:VOLCAR B) Headlines

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