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Renaissance ServicesOG (MUS:RNSS) Pretax Margin % : 9.08% (As of Mar. 2024)


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What is Renaissance ServicesOG Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Renaissance ServicesOG's Pre-Tax Income for the three months ended in Mar. 2024 was ر.ع2.3 Mil. Renaissance ServicesOG's Revenue for the three months ended in Mar. 2024 was ر.ع25.5 Mil. Therefore, Renaissance ServicesOG's pretax margin for the quarter that ended in Mar. 2024 was 9.08%.

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

MUS:RNSS' s Pretax Margin % Range Over the Past 10 Years
Min: -20.81   Med: 8.08   Max: 14.74
Current: 14.4


MUS:RNSS's Pretax Margin % is ranked better than
78.72% of 1062 companies
in the Business Services industry
Industry Median: 5.415 vs MUS:RNSS: 14.40

Renaissance ServicesOG Pretax Margin % Historical Data

The historical data trend for Renaissance ServicesOG'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.

Renaissance ServicesOG Pretax Margin % Chart

Renaissance ServicesOG 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 7.03 9.13 10.27 9.98 14.74

Renaissance ServicesOG 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 10.66 9.45 10.06 28.34 9.08

Competitive Comparison of Renaissance ServicesOG's Pretax Margin %

For the Specialty Business Services subindustry, Renaissance ServicesOG'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.


Renaissance ServicesOG's Pretax Margin % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Renaissance ServicesOG's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Renaissance ServicesOG's Pretax Margin % falls into.



Renaissance ServicesOG 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.

Renaissance ServicesOG'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 )
=15.315/103.886
=14.74 %

Renaissance ServicesOG'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 )
=2.314/25.495
=9.08 %

* 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.


Renaissance ServicesOG  (MUS:RNSS) 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.


Renaissance ServicesOG Pretax Margin % Related Terms

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Renaissance ServicesOG (MUS:RNSS) Business Description

Traded in Other Exchanges
N/A
Address
Renaissance House, P.O. Box 1676, Muttrah, OMN, 114
Renaissance Services SAOG provides vessel chartering, contract, accommodation, and integrated facilities management services to the oil and gas industry. Its segments include contract services which consist of contract services, accommodation solutions, and integrated facilities management (IFM) services. Geographically, it derives most of its revenue from Oman.

Renaissance ServicesOG (MUS:RNSS) Headlines

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