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Light (BSP:LIGT3) Pretax Margin % : 9.35% (As of Dec. 2023)


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What is Light Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Light's Pre-Tax Income for the three months ended in Dec. 2023 was R$334 Mil. Light's Revenue for the three months ended in Dec. 2023 was R$3,570 Mil. Therefore, Light's pretax margin for the quarter that ended in Dec. 2023 was 9.35%.

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

BSP:LIGT3' s Pretax Margin % Range Over the Past 10 Years
Min: -41.21   Med: 2.67   Max: 15.16
Current: 5.95


BSP:LIGT3's Pretax Margin % is ranked worse than
62.11% of 417 companies
in the Utilities - Independent Power Producers industry
Industry Median: 11.5 vs BSP:LIGT3: 5.95

Light Pretax Margin % Historical Data

The historical data trend for Light'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.

Light Pretax Margin % Chart

Light 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 15.16 8.17 -1.31 -41.21 5.95

Light Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 -183.08 6.10 6.57 1.64 9.35

Competitive Comparison of Light's Pretax Margin %

For the Utilities - Renewable subindustry, Light'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.


Light's Pretax Margin % Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Light's Pretax Margin % distribution charts can be found below:

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



Light 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.

Light'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 )
=816.549/13721.983
=5.95 %

Light'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 )
=333.729/3570.171
=9.35 %

* 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.


Light  (BSP:LIGT3) 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.


Light Pretax Margin % Related Terms

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Light (BSP:LIGT3) Business Description

Traded in Other Exchanges
Address
Rua Marechal Floriano, nº 168, block 1 – 2nd floor, Rio de Janeiro, RJ, BRA, 20080-002
Light SA is a Brazilian private-public utility of which the state-owned power company, CEMIG, wields a controlling stake. Headquartered in the city of Rio de Janeiro, Light primarily generates, distributes, and trades energy. To do this, the company owns and operates a portfolio of hydroelectric power plants that serve the Brazilian state of Rio de Janeiro. Light derives most of its revenue from the supplying of energy, with network usage and the construction of assets also bringing in substantial amounts of revenue. The vast majority of the company's customers are residential consumers. Larger commercial customers represent the second- largest group.

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