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Renault (Renault) Pretax Margin % : 1.71% (As of Dec. 2023)


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What is Renault Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Renault's Pre-Tax Income for the six months ended in Dec. 2023 was $475 Mil. Renault's Revenue for the six months ended in Dec. 2023 was $27,838 Mil. Therefore, Renault's pretax margin for the quarter that ended in Dec. 2023 was 1.71%.

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

RNSDF' s Pretax Margin % Range Over the Past 10 Years
Min: -17.54   Med: 5.31   Max: 10.57
Current: 5.42


RNSDF's Pretax Margin % is ranked better than
56.54% of 1284 companies
in the Vehicles & Parts industry
Industry Median: 4.475 vs RNSDF: 5.42

Renault Pretax Margin % Historical Data

The historical data trend for Renault'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.

Renault Pretax Margin % Chart

Renault 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 2.65 -17.54 2.69 4.59 5.42

Renault Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.57 4.27 4.86 8.95 1.71

Competitive Comparison of Renault's Pretax Margin %

For the Auto Manufacturers subindustry, Renault'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.


Renault's Pretax Margin % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Renault's Pretax Margin % distribution charts can be found below:

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



Renault 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.

Renault'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 )
=3094.875/57116.685
=5.42 %

Renault'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 )
=475.463/27837.514
=1.71 %

* 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.


Renault  (OTCPK:RNSDF) 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.


Renault Pretax Margin % Related Terms

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Renault (Renault) Business Description

Address
13-15, quai Le Gallo, Boulogne, Billancourt, FRA, 92100
Renault possesses a global alliance of automotive manufacturing, financing, and sales operations. The company's alliance partners consist of Dacia (99.4%), Nissan (43.7%), Renault Samsung Motors (80.0%), and Mitsubishi (Nissan owns 34%). Total 2022 Renault-Nissan-Mitsubishi alliance sales volume of 6.4 million vehicles makes the alliance the fourth-largest vehicle group in the world, behind Toyota at 10.3 million, Volkswagen at 8.5 million, and Hyundai/Kia at 6.8 million vehicles sold.