GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Credit du Maroc SA (CAS:CDM) » Definitions » Pretax Margin %

Credit du Maroc (CAS:CDM) Pretax Margin % : 40.68% (As of Mar. 2024)


View and export this data going back to 1976. Start your Free Trial

What is Credit du Maroc Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Credit du Maroc's Pre-Tax Income for the three months ended in Mar. 2024 was MAD332 Mil. Credit du Maroc's Revenue for the three months ended in Mar. 2024 was MAD815 Mil. Therefore, Credit du Maroc's pretax margin for the quarter that ended in Mar. 2024 was 40.68%.

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

CAS:CDM' s Pretax Margin % Range Over the Past 10 Years
Min: 6.17   Med: 24.81   Max: 35.5
Current: 35.5


CAS:CDM's Pretax Margin % is ranked better than
55.6% of 1455 companies
in the Banks industry
Industry Median: 32.88 vs CAS:CDM: 35.50

Credit du Maroc Pretax Margin % Historical Data

The historical data trend for Credit du Maroc'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.

Credit du Maroc Pretax Margin % Chart

Credit du Maroc Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 31.44 32.86 17.33 34.55 27.38

Credit du Maroc Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 -7.35 36.64 34.36 31.22 40.68

Competitive Comparison of Credit du Maroc's Pretax Margin %

For the Banks - Regional subindustry, Credit du Maroc'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.


Credit du Maroc's Pretax Margin % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Credit du Maroc's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Credit du Maroc's Pretax Margin % falls into.



Credit du Maroc 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.

Credit du Maroc's Pretax Margin for the fiscal year that ended in Dec. 2022 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2022 )/Revenue (A: Dec. 2022 )
=743.209/2714.311
=27.38 %

Credit du Maroc's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=331.588/815.118
=40.68 %

* 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.


Credit du Maroc  (CAS:CDM) 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.


Credit du Maroc Pretax Margin % Related Terms

Thank you for viewing the detailed overview of Credit du Maroc's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Credit du Maroc (CAS:CDM) Business Description

Traded in Other Exchanges
N/A
Address
48-58 Bd. Mohammed V, Casablanca, MAR
Credit du Maroc SA provides banking services. The company provides commercial banking activities and financial. commercial. property-related activities for its customers in Morocco or overseas.

Credit du Maroc (CAS:CDM) Headlines

No Headlines