GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » REN-Redes Energeticas Nacionais Sgps SA (FRA:RN4) » Definitions » Pretax Margin %

REN-Redes Energeticas Nacionais Sgps (FRA:RN4) Pretax Margin % : 24.82% (As of Jun. 2024)


View and export this data going back to 2007. Start your Free Trial

What is REN-Redes Energeticas Nacionais Sgps Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. REN-Redes Energeticas Nacionais Sgps's Pre-Tax Income for the three months ended in Jun. 2024 was €59.3 Mil. REN-Redes Energeticas Nacionais Sgps's Revenue for the three months ended in Jun. 2024 was €238.9 Mil. Therefore, REN-Redes Energeticas Nacionais Sgps's pretax margin for the quarter that ended in Jun. 2024 was 24.82%.

The historical rank and industry rank for REN-Redes Energeticas Nacionais Sgps's Pretax Margin % or its related term are showing as below:

FRA:RN4' s Pretax Margin % Range Over the Past 10 Years
Min: 20.41   Med: 25.87   Max: 29.78
Current: 20.41


FRA:RN4's Pretax Margin % is ranked better than
75.84% of 505 companies
in the Utilities - Regulated industry
Industry Median: 10.81 vs FRA:RN4: 20.41

REN-Redes Energeticas Nacionais Sgps Pretax Margin % Historical Data

The historical data trend for REN-Redes Energeticas Nacionais Sgps'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.

REN-Redes Energeticas Nacionais Sgps Pretax Margin % Chart

REN-Redes Energeticas Nacionais Sgps 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 27.12 25.83 22.57 24.70 23.24

REN-Redes Energeticas Nacionais Sgps Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Jun24
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 28.41 28.53 21.57 16.10 24.82

Competitive Comparison of REN-Redes Energeticas Nacionais Sgps's Pretax Margin %

For the Utilities - Diversified subindustry, REN-Redes Energeticas Nacionais Sgps'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.


REN-Redes Energeticas Nacionais Sgps's Pretax Margin % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, REN-Redes Energeticas Nacionais Sgps's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where REN-Redes Energeticas Nacionais Sgps's Pretax Margin % falls into.



REN-Redes Energeticas Nacionais Sgps 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.

REN-Redes Energeticas Nacionais Sgps'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 )
=220.246/947.884
=23.24 %

REN-Redes Energeticas Nacionais Sgps's Pretax Margin for the quarter that ended in Jun. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Jun. 2024 )/Revenue (Q: Jun. 2024 )
=59.285/238.868
=24.82 %

* 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.


REN-Redes Energeticas Nacionais Sgps  (FRA:RN4) 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.


REN-Redes Energeticas Nacionais Sgps Pretax Margin % Related Terms

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


REN-Redes Energeticas Nacionais Sgps Business Description

Traded in Other Exchanges
Address
Avenida Estados Unidos da America, 55, Lisbon, PRT, 1749-061
REN-Redes Energeticas Nacionais Sgps SA is an energy and utilities company designed for the transmission and distributing electricity and natural gas. The company offers services that manage national energy transmission and distribution systems that include the national electric transmission grid (RNT), the national natural gas transportation grid (RNTGN) and the portgás distribution grid, enabling the creation of an Iberian electricity market that will develop the hydrogen corridor in Europe, together with other European TSOs (Enagas, GRTgaz, Terega and OGE).

REN-Redes Energeticas Nacionais Sgps Headlines

No Headlines