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Mills Locacao Servicos e Logistica (BSP:MILS3) Pretax Margin % : 31.15% (As of Dec. 2023)


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What is Mills Locacao Servicos e Logistica Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Mills Locacao Servicos e Logistica's Pre-Tax Income for the three months ended in Dec. 2023 was R$114 Mil. Mills Locacao Servicos e Logistica's Revenue for the three months ended in Dec. 2023 was R$367 Mil. Therefore, Mills Locacao Servicos e Logistica's pretax margin for the quarter that ended in Dec. 2023 was 31.15%.

The historical rank and industry rank for Mills Locacao Servicos e Logistica's Pretax Margin % or its related term are showing as below:

BSP:MILS3' s Pretax Margin % Range Over the Past 10 Years
Min: -67.99   Med: -6.24   Max: 28.46
Current: 27.77


BSP:MILS3's Pretax Margin % is ranked better than
92.18% of 1062 companies
in the Business Services industry
Industry Median: 5.47 vs BSP:MILS3: 27.77

Mills Locacao Servicos e Logistica Pretax Margin % Historical Data

The historical data trend for Mills Locacao Servicos e Logistica'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.

Mills Locacao Servicos e Logistica Pretax Margin % Chart

Mills Locacao Servicos e Logistica 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 -12.98 0.51 19.13 28.42 28.46

Mills Locacao Servicos e Logistica Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 29.18 26.19 27.14 31.15 26.39

Competitive Comparison of Mills Locacao Servicos e Logistica's Pretax Margin %

For the Rental & Leasing Services subindustry, Mills Locacao Servicos e Logistica'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.


Mills Locacao Servicos e Logistica's Pretax Margin % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Mills Locacao Servicos e Logistica's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Mills Locacao Servicos e Logistica's Pretax Margin % falls into.



Mills Locacao Servicos e Logistica 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.

Mills Locacao Servicos e Logistica'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 )
=392.056/1377.756
=28.46 %

Mills Locacao Servicos e Logistica'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 )
=114.391/367.255
=31.15 %

* 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.


Mills Locacao Servicos e Logistica  (BSP:MILS3) 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.


Mills Locacao Servicos e Logistica Pretax Margin % Related Terms

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Mills Locacao Servicos e Logistica (BSP:MILS3) Business Description

Traded in Other Exchanges
N/A
Address
Estrada do Guerengue, 1381, Taquara, Rio de Janeiro, RJ, BRA, 22713-002
Mills Locacao Servicos e Logistica SA operates in the infrastructure, construction, and manufacturing industries. Its activity includes Rental and sale, including imports and exports, of steel and aluminum tubular structures, shoring and access equipment for construction works, as well as reusable concrete formworks. Sale, rental, and distribution of aerial work platforms and telescopic handlers. It has a Construction business unit and Rental business unit segments, and the majority of the revenue derives from the Rental business segment.

Mills Locacao Servicos e Logistica (BSP:MILS3) Headlines

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