Grande Royal Orchid Hospitality REIT (BKK:GROREIT) Pretax Margin % : 74.53% (As of Mar. 2024)

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What is Grande Royal Orchid Hospitality REIT Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Grande Royal Orchid Hospitality REIT's Pre-Tax Income for the three months ended in Mar. 2024 was ฿64.7 Mil. Grande Royal Orchid Hospitality REIT's Revenue for the three months ended in Mar. 2024 was ฿86.9 Mil. Therefore, Grande Royal Orchid Hospitality REIT's pretax margin for the quarter that ended in Mar. 2024 was 74.53%.

The historical rank and industry rank for Grande Royal Orchid Hospitality REIT's Pretax Margin % or its related term are showing as below:

BKK:GROREIT' s Pretax Margin % Range Over the Past 10 Years
Min: 74.06 Med: 75.83 Max: 76
Current: 74.06

BKK:GROREIT's Pretax Margin % is ranked better than
76.49% of 791 companies
in the REITs industry
Industry Median: 33.02 vs BKK:GROREIT: 74.06

Grande Royal Orchid Hospitality REIT Pretax Margin % Historical Data

The historical data trend for Grande Royal Orchid Hospitality REIT'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.

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Grande Royal Orchid Hospitality REIT Pretax Margin % Chart

Grande Royal Orchid Hospitality REIT Annual Data

Trend

Dec21

Dec22

Dec23

Pretax Margin %

75.83

76.00

74.16

Grande Royal Orchid Hospitality REIT Quarterly Data
	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Pretax Margin %	Get a 7-Day Free Trial						74.95	74.00	73.77	73.95	74.53

Competitive Comparison of Grande Royal Orchid Hospitality REIT's Pretax Margin %

For the REIT - Hotel & Motel subindustry, Grande Royal Orchid Hospitality REIT'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.

Grande Royal Orchid Hospitality REIT's Pretax Margin % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Grande Royal Orchid Hospitality REIT's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Grande Royal Orchid Hospitality REIT's Pretax Margin % falls into.

Grande Royal Orchid Hospitality REIT 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.

Grande Royal Orchid Hospitality REIT'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 )
	=	255.429	/	344.41
	=	74.16 %

Grande Royal Orchid Hospitality REIT'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 )
	=	64.745	/	86.869
	=	74.53 %

Grande Royal Orchid Hospitality REIT (BKK:GROREIT) 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.

Grande Royal Orchid Hospitality REIT Pretax Margin % Related Terms

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Grande Royal Orchid Hospitality REIT (BKK:GROREIT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Grande Royal Orchid Hospitality REIT (BKK:GROREIT) » Definitions » Pretax Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

989 Rama 1 Road, 9th and 24th Floor, Siam Piwat Tower Building, Pathumwan, Bangkok, THA, 10330

Website

Grande Royal Orchid Hospitality REIT is a trust that invests in the freehold right of the Royal Orchid Sheraton Hotel and Tower.

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