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Melco Resorts and Entertainment (FRA:MAS) Pretax Margin % : 1.49% (As of Sep. 2024)


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What is Melco Resorts and Entertainment Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Melco Resorts and Entertainment's Pre-Tax Income for the three months ended in Sep. 2024 was €16 Mil. Melco Resorts and Entertainment's Revenue for the three months ended in Sep. 2024 was €1,059 Mil. Therefore, Melco Resorts and Entertainment's pretax margin for the quarter that ended in Sep. 2024 was 1.49%.

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

FRA:MAS' s Pretax Margin % Range Over the Past 10 Years
Min: -84.35   Med: 0.08   Max: 11.05
Current: -4.04


FRA:MAS's Pretax Margin % is ranked worse than
72.66% of 823 companies
in the Travel & Leisure industry
Industry Median: 5.76 vs FRA:MAS: -4.04

Melco Resorts and Entertainment Pretax Margin % Historical Data

The historical data trend for Melco Resorts and Entertainment'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.

Melco Resorts and Entertainment Pretax Margin % Chart

Melco Resorts and Entertainment 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 7.02 -84.35 -47.39 -80.89 -10.65

Melco Resorts and Entertainment 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 -3.42 -19.39 0.38 0.59 1.49

Competitive Comparison of Melco Resorts and Entertainment's Pretax Margin %

For the Resorts & Casinos subindustry, Melco Resorts and Entertainment'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.


Melco Resorts and Entertainment's Pretax Margin % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Melco Resorts and Entertainment's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Melco Resorts and Entertainment's Pretax Margin % falls into.



Melco Resorts and Entertainment 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.

Melco Resorts and Entertainment'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 )
=-368.55/3461.901
=-10.65 %

Melco Resorts and Entertainment'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 )
=15.814/1058.795
=1.49 %

* 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.


Melco Resorts and Entertainment  (FRA:MAS) 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.


Melco Resorts and Entertainment Pretax Margin % Related Terms

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Melco Resorts and Entertainment Business Description

Traded in Other Exchanges
Address
60 Wyndham Street, 38th Floor, The Centrium, Central, Hong Kong, HKG
Melco Resorts & Entertainment is one of only six licensed casino operators in Macao. It operates Altira, a complex focused on premium customers; City of Dreams, an integrated resort in Cotai serving both mass-market and premium patrons; and Mocha Clubs electronic gaming machines. The company also has a majority interest in Studio City, which opened in 2015. Outside Macao, Melco owns City of Dreams Manila in the Philippines and City of Dreams Mediterranean in Cyprus. The business mix in terms of adjusted EBITDA was about 82.5% from Macao with the rest largely from the Philippines as of first-half 2024.