PT Astra International Tbk EBIT margin
What is the EBIT margin of PT Astra International Tbk?
The EBIT margin of PT Astra International Tbk is 13.13%
What is the definition of EBIT margin?
EBIT margin is a profitability ratio that measures earnings of the company as a percentage of revenue without taking into account the effect of taxes and interest.
ttm (trailing twelve months)
EBIT margin measures the profitability and operational efficiency of a company. It compares the amount of money that remains after the cost of goods and all operating expenses are subtracted from net revenue to sales. EBIT margin is calculated as earnings before interest and taxes divided by net revenue.
EBIT and EBIT margin evaluate how well a business manages its operations. Interest and taxes are not operating expenses and don’t impact operating efficiency. EBIT margin is usually used to compare operational efficiency and profitability of companies within the same industry. Taxes can vary by location thus excluding them from the calculation gives a better basis for comparing different companies.
EBIT and operating income are often used interchangeably, but there is a difference between them, which can cause the numbers to give different results. The key difference is that operating income does not include non-operating income, non-operating expenses, and other income.
EBIT margin of companies in the Consumer Discretionary sector on OTC compared to PT Astra International Tbk
What does PT Astra International Tbk do?
PT Astra International Tbk, together with its subsidiaries, operates in the automotive, financial services, heavy equipment, mining, construction, energy, agri, infrastructure and logistics, information technology, and property businesses in Indonesia. It offers cars, trucks, and motorcycles of various brands; manufactures and sells automotive components to the original equipment for manufacturers and replacement markets, as well as provides consultation services to its customers; financing for cars, motorcycles, and heavy equipment; life, vehicle, and health insurance, as well as other insurance for commercial business; and various banking products and services. The company also distributes heavy equipment for the mining, plantation, construction, forestry, transportation, and material handling industries; provides coal mining contracting services; operates coal mines; and produces crude palm oil. In addition, it is involved in the development and operation of toll roads; rental and leasing of vehicles; resale of used cars; and provision of public transportation services and logistics facilities. Further, the company offers various information technology business solutions based on document, information, and communication technology; and engages in the property investment, development, and management activities. Additionally, it is involved in the foundation; formwork and bekisting; pump services; and mechanical, electrical, and plumbing works, as well as dredging, reclamation, and marine works. The company was founded in 1957 and is headquartered in North Jakarta, Indonesia. PT Astra International Tbk is a subsidiary of Jardine Cycle & Carriage Ltd.
Companies with ebit margin similar to PT Astra International Tbk
- DDH1 has EBIT margin of 13.11%
- Mangalam Seeds has EBIT margin of 13.11%
- REX American Resources Corp has EBIT margin of 13.12%
- Ennis has EBIT margin of 13.13%
- Udaipur Cement Works has EBIT margin of 13.13%
- Orient Cement has EBIT margin of 13.13%
- PT Astra International Tbk has EBIT margin of 13.13%
- NEXUS AG has EBIT margin of 13.13%
- Bouvet ASA has EBIT margin of 13.13%
- Expedia has EBIT margin of 13.13%
- Santen Pharmaceutical Co has EBIT margin of 13.14%
- South Jersey Industries has EBIT margin of 13.14%
- Arch Capital Ltd has EBIT margin of 13.15%