GlaxoSmithKline PLC

Published by Stock Analysis on Net

Last updated: 2018-02-11 06:27:30

Pretax Margin

2016 2015 2014 2013

Selected Financial Data

GBP in millions

Net income (loss) 1,062 8,372 2,831 5,628
Add: Income tax expense (benefit) 877 2,154 137 1,019
Earnings before tax (EBT)
1,939
10,526
2,968
6,647
Revenues 27,889 23,923 23,006 26,505

Ratio

Pretax margin 6.95% 44.00% 12.90% 25.08%

2016 calculation:

Pretax margin = 100 × EBT ÷ Revenues
= 100 × 1,939 ÷ 27,889 = 6.95%