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Standard Chartered (LSE:STAB.PFD) Pretax Margin % : 37.22% (As of Mar. 2024)


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What is Standard Chartered Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Standard Chartered's Pre-Tax Income for the three months ended in Mar. 2024 was £1,506.32 Mil. Standard Chartered's Revenue for the three months ended in Mar. 2024 was £4,046.75 Mil. Therefore, Standard Chartered's pretax margin for the quarter that ended in Mar. 2024 was 37.22%.

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

LSE:STAB.PFD' s Pretax Margin % Range Over the Past 10 Years
Min: -10.2   Med: 20.1   Max: 28.74
Current: 28.25


LSE:STAB.PFD's Pretax Margin % is ranked worse than
61.63% of 1462 companies
in the Banks industry
Industry Median: 32.775 vs LSE:STAB.PFD: 28.25

Standard Chartered Pretax Margin % Historical Data

The historical data trend for Standard Chartered'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.

Standard Chartered Pretax Margin % Chart

Standard Chartered 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 24.22 10.81 22.87 26.49 28.74

Standard Chartered 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 40.07 32.83 13.99 27.95 37.22

Competitive Comparison of Standard Chartered's Pretax Margin %

For the Banks - Diversified subindustry, Standard Chartered'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.


Standard Chartered's Pretax Margin % Distribution in the Banks Industry

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

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



Standard Chartered 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.

Standard Chartered'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 )
=4023.47/13997.22
=28.74 %

Standard Chartered'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 )
=1506.318/4046.754
=37.22 %

* 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.


Standard Chartered  (LSE:STAB.PFD) 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.


Standard Chartered Pretax Margin % Related Terms

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Standard Chartered (LSE:STAB.PFD) Business Description

Address
1 Basinghall Avenue, London, GBR, EC2V 5DD
Standard Chartered Bank was established in 1853 by Royal Charter in the United Kingdom, with the holding company Standard Chartered PLC incorporated in 1969. The bank is domiciled in the U.K. and provides banking services across 60 countries, primarily in Asia, Africa, the Middle East, and the United Kingdom. The bulk of the business is in corporate and transaction banking, financial markets, and corporate finance. The bank has strong retail franchises focusing on the affluent segment in Hong Kong, Singapore, and certain countries in Africa. The bank has also launched a ventures division to focus on financial technology, including digital banks in Hong Kong and Singapore, online payment, and digital assets.

Standard Chartered (LSE:STAB.PFD) Headlines

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