GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Meituan (FRA:9MD) » Definitions » Pretax Margin %

Meituan (FRA:9MD) Pretax Margin % : 14.91% (As of Sep. 2024)


View and export this data going back to 2018. Start your Free Trial

What is Meituan Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Meituan's Pre-Tax Income for the three months ended in Sep. 2024 was €1,776 Mil. Meituan's Revenue for the three months ended in Sep. 2024 was €11,915 Mil. Therefore, Meituan's pretax margin for the quarter that ended in Sep. 2024 was 14.91%.

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

FRA:9MD' s Pretax Margin % Range Over the Past 10 Years
Min: -229.98   Med: -13.16   Max: 10.35
Current: 10.35


FRA:9MD's Pretax Margin % is ranked better than
80.78% of 1103 companies
in the Retail - Cyclical industry
Industry Median: 3.04 vs FRA:9MD: 10.35

Meituan Pretax Margin % Historical Data

The historical data trend for Meituan'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.

Meituan Pretax Margin % Chart

Meituan Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only 2.83 3.87 -13.16 -3.07 5.07

Meituan Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 4.76 3.14 7.48 14.17 14.91

Competitive Comparison of Meituan's Pretax Margin %

For the Internet Retail subindustry, Meituan'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.


Meituan's Pretax Margin % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Meituan's Pretax Margin % distribution charts can be found below:

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



Meituan 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.

Meituan'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 )
=1800.797/35541.739
=5.07 %

Meituan's Pretax Margin for the quarter that ended in Sep. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Sep. 2024 )/Revenue (Q: Sep. 2024 )
=1776.334/11915.371
=14.91 %

* 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.


Meituan  (FRA:9MD) 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.


Meituan Pretax Margin % Related Terms

Thank you for viewing the detailed overview of Meituan's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Meituan Business Description

Traded in Other Exchanges
Address
No. 4 Wang Jing East Road, Block B and C, Hengjiweiye Building, Chaoyang District, Beijing, CHN, 100102
Meituan is the largest food delivery service in China, with a 70.7% share of the market in 2020 per the Chinese government. For the year ended 2023, the firm generated 58% of revenue from on-demand services, 17% from hotel booking, coupon sales, advertising, and 25% from new initiatives. In the long term, its new initiatives business may transform the company into an all-encompassing grocer and logistics business involving community group buying, nonfood delivery, and online grocery, overtaking food delivery as its main business.

Meituan Headlines

No Headlines