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RHI Magnesita NV (RHI Magnesita NV) Pretax Margin % : 6.63% (As of Dec. 2023)


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What is RHI Magnesita NV Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. RHI Magnesita NV's Pre-Tax Income for the six months ended in Dec. 2023 was $133 Mil. RHI Magnesita NV's Revenue for the six months ended in Dec. 2023 was $2,004 Mil. Therefore, RHI Magnesita NV's pretax margin for the quarter that ended in Dec. 2023 was 6.63%.

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

RMGNF' s Pretax Margin % Range Over the Past 10 Years
Min: -0.3   Med: 6.68   Max: 11.33
Current: 6.53


RMGNF's Pretax Margin % is ranked better than
50.18% of 2975 companies
in the Industrial Products industry
Industry Median: 6.51 vs RMGNF: 6.53

RHI Magnesita NV Pretax Margin % Historical Data

The historical data trend for RHI Magnesita NV'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.

RHI Magnesita NV Pretax Margin % Chart

RHI Magnesita NV Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial 6.83 1.84 11.33 8.15 6.53

RHI Magnesita NV Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 12.18 8.93 7.44 6.42 6.63

Competitive Comparison of RHI Magnesita NV's Pretax Margin %

For the Metal Fabrication subindustry, RHI Magnesita NV'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.


RHI Magnesita NV's Pretax Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, RHI Magnesita NV's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where RHI Magnesita NV's Pretax Margin % falls into.



RHI Magnesita NV 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.

RHI Magnesita NV'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 )
=254.417/3895.093
=6.53 %

RHI Magnesita NV's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=132.933/2004.035
=6.63 %

* 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.


RHI Magnesita NV  (OTCPK:RMGNF) 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.


RHI Magnesita NV Pretax Margin % Related Terms

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RHI Magnesita NV (RHI Magnesita NV) Business Description

Traded in Other Exchanges
Address
Kranichberggasse 6, Vienna, AUT, 1120
RHI Magnesita NV operates in the refractory industry. The core activities of the group comprise the development and production as well as the sale, installation, and maintenance of refractory products and systems. It has two main operating segments, Steel and Industrial. The Steel segment specializes in supporting customers in the steel-producing and steel-processing industry. Its Industrial segment serves customers in the glass, cement/lime, nonferrous metals and environment, energy, chemicals Industries. The company generates maximum revenue from the Steel segment. Its geographical markets are Europe, North America, Asia Pacific, South America, and MEA-CIS.

RHI Magnesita NV (RHI Magnesita NV) Headlines

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