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Tubos Reunidos (XMAD:TRG) Net Margin % : 1.08% (As of Dec. 2023)


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What is Tubos Reunidos Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Tubos Reunidos's Net Income for the six months ended in Dec. 2023 was €2.2 Mil. Tubos Reunidos's Revenue for the six months ended in Dec. 2023 was €200.2 Mil. Therefore, Tubos Reunidos's net margin for the quarter that ended in Dec. 2023 was 1.08%.

The historical rank and industry rank for Tubos Reunidos's Net Margin % or its related term are showing as below:

XMAD:TRG' s Net Margin % Range Over the Past 10 Years
Min: -40.51   Med: -10.21   Max: 10.57
Current: 10.57


XMAD:TRG's Net Margin % is ranked better than
84.22% of 602 companies
in the Steel industry
Industry Median: 2.745 vs XMAD:TRG: 10.57

Tubos Reunidos Net Margin % Historical Data

The historical data trend for Tubos Reunidos's Net 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.

Tubos Reunidos Net Margin % Chart

Tubos Reunidos Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -14.58 -40.51 -26.62 8.47 10.57

Tubos Reunidos Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Net 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 -15.21 0.78 15.42 16.28 1.08

Competitive Comparison of Tubos Reunidos's Net Margin %

For the Steel subindustry, Tubos Reunidos's Net Margin %, along with its competitors' market caps and Net 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.


Tubos Reunidos's Net Margin % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Tubos Reunidos's Net Margin % distribution charts can be found below:

* The bar in red indicates where Tubos Reunidos's Net Margin % falls into.



Tubos Reunidos Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Tubos Reunidos's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=56.312/532.856
=10.57 %

Tubos Reunidos's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin=Net Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=2.168/200.237
=1.08 %

* 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.


Tubos Reunidos  (XMAD:TRG) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Tubos Reunidos Net Margin % Related Terms

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Tubos Reunidos (XMAD:TRG) Business Description

Traded in Other Exchanges
Address
Barrio de Sagarribai, 2, Amurrio, Alava, ESP, 01470
Tubos Reunidos SA is a holding company. The company operates in the areas of the seamless tube, distribution, automotive and other sectors. Its products are essentially required by the energy sector; Oil and Gas, electrical power generation and petrochemical industry, as well as by machinery and special industrial applications. The product portfolio includes tubes manufactured in carbon, alloyed, high allowed and stainless, steels.

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