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Attendo AB (OSTO:ATT) Pretax Margin % : 1.82% (As of Mar. 2024)


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What is Attendo AB Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Attendo AB's Pre-Tax Income for the three months ended in Mar. 2024 was kr80 Mil. Attendo AB's Revenue for the three months ended in Mar. 2024 was kr4,386 Mil. Therefore, Attendo AB's pretax margin for the quarter that ended in Mar. 2024 was 1.82%.

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

OSTO:ATT' s Pretax Margin % Range Over the Past 10 Years
Min: -7.54   Med: 2.87   Max: 8.11
Current: 2.96


OSTO:ATT's Pretax Margin % is ranked better than
51.45% of 657 companies
in the Healthcare Providers & Services industry
Industry Median: 2.59 vs OSTO:ATT: 2.96

Attendo AB Pretax Margin % Historical Data

The historical data trend for Attendo AB'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.

Attendo AB Pretax Margin % Chart

Attendo AB 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 0.90 -7.54 0.80 -0.29 2.77

Attendo AB 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 0.89 1.80 6.60 1.54 1.82

Competitive Comparison of Attendo AB's Pretax Margin %

For the Medical Care Facilities subindustry, Attendo AB'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.


Attendo AB's Pretax Margin % Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Attendo AB's Pretax Margin % distribution charts can be found below:

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



Attendo AB 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.

Attendo AB'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 )
=478/17287
=2.77 %

Attendo AB'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 )
=80/4386
=1.82 %

* 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.


Attendo AB  (OSTO:ATT) 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.


Attendo AB Pretax Margin % Related Terms

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Attendo AB (OSTO:ATT) Business Description

Traded in Other Exchanges
Address
Vendevagen 85, Danderyd, SWE, 182 91
Attendo AB is a company that is engaged in providing private care and healthcare services in the Nordics. It focuses on offering care for older people, care for people with disabilities, individual and family care, and health care. The company also offers health, medical, and as well as staffing services. Geographically, the group's majority revenue is generated from Finland.