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Merit Turizm Yatirim ve Isletme AS (IST:MERIT) Pretax Margin % : 42.04% (As of Dec. 2023)


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What is Merit Turizm Yatirim ve Isletme AS Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Merit Turizm Yatirim ve Isletme AS's Pre-Tax Income for the three months ended in Dec. 2023 was ₺20.8 Mil. Merit Turizm Yatirim ve Isletme AS's Revenue for the three months ended in Dec. 2023 was ₺49.5 Mil. Therefore, Merit Turizm Yatirim ve Isletme AS's pretax margin for the quarter that ended in Dec. 2023 was 42.04%.

The historical rank and industry rank for Merit Turizm Yatirim ve Isletme AS's Pretax Margin % or its related term are showing as below:

IST:MERIT' s Pretax Margin % Range Over the Past 10 Years
Min: 35.24   Med: 45.56   Max: 86.43
Current: 45.14


IST:MERIT's Pretax Margin % is ranked better than
94.89% of 822 companies
in the Travel & Leisure industry
Industry Median: 6.355 vs IST:MERIT: 45.14

Merit Turizm Yatirim ve Isletme AS Pretax Margin % Historical Data

The historical data trend for Merit Turizm Yatirim ve Isletme AS'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.

Merit Turizm Yatirim ve Isletme AS Pretax Margin % Chart

Merit Turizm Yatirim ve Isletme AS 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 62.21 65.58 45.98 36.37 45.14

Merit Turizm Yatirim ve Isletme AS Quarterly Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 38.13 30.62 46.08 58.74 42.04

Competitive Comparison of Merit Turizm Yatirim ve Isletme AS's Pretax Margin %

For the Resorts & Casinos subindustry, Merit Turizm Yatirim ve Isletme AS'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.


Merit Turizm Yatirim ve Isletme AS's Pretax Margin % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Merit Turizm Yatirim ve Isletme AS's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Merit Turizm Yatirim ve Isletme AS's Pretax Margin % falls into.



Merit Turizm Yatirim ve Isletme AS 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.

Merit Turizm Yatirim ve Isletme AS'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 )
=46.713/103.481
=45.14 %

Merit Turizm Yatirim ve Isletme AS'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 )
=20.822/49.529
=42.04 %

* 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.


Merit Turizm Yatirim ve Isletme AS  (IST:MERIT) 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.


Merit Turizm Yatirim ve Isletme AS Pretax Margin % Related Terms

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Merit Turizm Yatirim ve Isletme AS (IST:MERIT) Business Description

Traded in Other Exchanges
N/A
Address
Etiler, Street No. 9, Besiktas, Istanbul, TUR, 34337
Merit Turizm Yatirim ve Isletme A.S. is a hotel management company. It owns and operates the Merit Royal hotel and casino, Merit Crystal Cove hotel and casino, The Merit Park hotel and Casino, The Merit Lefkosa andThe Merit Cyprus Gardens.

Merit Turizm Yatirim ve Isletme AS (IST:MERIT) Headlines

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