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Akamai Technologies (MIL:1AKAM) Pretax Margin % : 19.07% (As of Mar. 2024)


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What is Akamai Technologies Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Akamai Technologies's Pre-Tax Income for the three months ended in Mar. 2024 was €173 Mil. Akamai Technologies's Revenue for the three months ended in Mar. 2024 was €908 Mil. Therefore, Akamai Technologies's pretax margin for the quarter that ended in Mar. 2024 was 19.07%.

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

MIL:1AKAM' s Pretax Margin % Range Over the Past 10 Years
Min: 12.62   Med: 18.83   Max: 24.43
Current: 18.38


MIL:1AKAM's Pretax Margin % is ranked better than
86.56% of 2767 companies
in the Software industry
Industry Median: 2.31 vs MIL:1AKAM: 18.38

Akamai Technologies Pretax Margin % Historical Data

The historical data trend for Akamai Technologies'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.

Akamai Technologies Pretax Margin % Chart

Akamai Technologies 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 18.40 19.26 21.04 18.19 17.12

Akamai Technologies 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 13.86 16.03 18.58 19.72 19.07

Competitive Comparison of Akamai Technologies's Pretax Margin %

For the Software - Infrastructure subindustry, Akamai Technologies'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.


Akamai Technologies's Pretax Margin % Distribution in the Software Industry

For the Software industry and Technology sector, Akamai Technologies's Pretax Margin % distribution charts can be found below:

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



Akamai Technologies 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.

Akamai Technologies'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 )
=598.367/3495.531
=17.12 %

Akamai Technologies'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 )
=173.201/908.012
=19.07 %

* 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.


Akamai Technologies  (MIL:1AKAM) 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.


Akamai Technologies Pretax Margin % Related Terms

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Akamai Technologies (MIL:1AKAM) Business Description

Address
145 Broadway, Cambridge, MA, USA, 02142
Akamai operates a content delivery network, or CDN, which entails locating servers at the edges of networks so its customers, which store content on Akamai servers, can reach their own customers faster, more securely, and with better quality. Akamai has over 325,000 servers distributed over 4,100 points of presence in more than 1,000 cities worldwide. Its customers generally include media companies, which stream video content or make video games available for download, and other enterprises that run interactive or high-traffic websites, such as e-commerce firms and financial institutions. Akamai also has a significant security business, which is integrated with its core delivery and computing businesses to protect customers from cyberthreats.

Akamai Technologies (MIL:1AKAM) Headlines

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