REN-Redes Energeticas Nacionais Sgps (MEX:RENEN) Pretax Margin %: 26.84% (As of Mar. 2026) — Near Median


MEX:RENEN REN-Redes Energeticas Nacionais Sgps SA MEX:RENEN
83 GF Score
Price MXN45.23
GF Value MXN36.90
! 11 Warning Signs
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What is REN-Redes Energeticas Nacionais Sgps Pretax Margin %?

REN-Redes Energeticas Nacionais Sgps MEX:RENEN 83 Pretax Margin % is 26.84% as of Mar. 2026, which is 6% above its 10-year median of 25.27. GuruFocus rates MEX:RENEN with a GF Score™ of 83/100 and a GF Value™ of MXN36.90. The stock has 11 warning signs investors should review. Among 501 Utilities - Regulated companies, REN-Redes Energeticas Nacionais Sgps ranks better than 77.64% on this metric.

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 Mar. 2026 was MXN1,213 Mil. REN-Redes Energeticas Nacionais Sgps's Revenue for the three months ended in Mar. 2026 was MXN4,518 Mil. Therefore, REN-Redes Energeticas Nacionais Sgps's pretax margin for the quarter that ended in Mar. 2026 was 26.84%.

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

MEX:RENEN' s Pretax Margin % Range Over the Past 10 Years
Min: 19.99   Med: 25.27   Max: 29.78
Current: 20.97


MEX:RENEN's Pretax Margin % is ranked better than
77.64% of 501 companies
in the Utilities - Regulated industry
Industry Median: 12.12 vs MEX:RENEN: 20.97

REN-Redes Energeticas Nacionais Sgps  (MEX:RENEN) 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


REN-Redes Energeticas Nacionais Sgps Pretax Margin % Historical Data

* Premium members only.

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.

REN-Redes Energeticas Nacionais Sgps Pretax Margin % Chart

REN-Redes Energeticas Nacionais Sgps Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.57 24.70 23.24 19.99 20.07

REN-Redes Energeticas Nacionais Sgps Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 21.16 22.80 16.11 19.60 26.84

MEX:RENEN vs SRE, AES: Pretax Margin % Comparison

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 Pretax Margin % vs 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.


MEX:RENEN
83GF Score
REN-Redes Energeticas Nacionais Sgps SA MEX:RENEN
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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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. 2025 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=4315.654/21498.047
=20.07 %

REN-Redes Energeticas Nacionais Sgps's Pretax Margin for the quarter that ended in Mar. 2026 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=1212.881/4518.328
=26.84 %

* 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.

Frequently Asked Questions Learn more about Pretax Margin % →
What does a Pretax Margin % of 26.84% mean?
REN-Redes Energeticas Nacionais Sgps (MEX:RENEN) has a Pretax Margin % of 26.84% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on REN-Redes Energeticas Nacionais Sgps and its competitors. This is near median its historical median of 25.27. Over the past decade, REN-Redes Energeticas Nacionais Sgps' Pretax Margin % has ranged from 19.99 to 29.78. According to the industry distribution chart, REN-Redes Energeticas Nacionais Sgps ranks #112 out of 501 companies in the Utilities - Regulated industry, placing it in the top 22.4%.
Is REN-Redes Energeticas Nacionais Sgps' Pretax Margin % too high?
REN-Redes Energeticas Nacionais Sgps' current Pretax Margin % of 26.84% is near median its 10-year median of 25.27. Over the past 10 years, this metric has ranged from a low of 19.99 to a high of 29.78. The Utilities - Regulated industry median Pretax Margin % is 12.12. REN-Redes Energeticas Nacionais Sgps' value of 26.84% is 121.5% above this industry median. Based on the distribution chart, REN-Redes Energeticas Nacionais Sgps ranks #112 out of 501 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, REN-Redes Energeticas Nacionais Sgps has a GF Score™ of 83/100, reflecting its overall financial health beyond just this single metric.
How does REN-Redes Energeticas Nacionais Sgps' Pretax Margin % compare to SRE and AES?
According to the Utilities - Regulated industry distribution chart, REN-Redes Energeticas Nacionais Sgps ranks #112 out of 501 companies for Pretax Margin %. This places REN-Redes Energeticas Nacionais Sgps in the top 22% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 12.12. REN-Redes Energeticas Nacionais Sgps' value of 26.84% is 121.5% above this benchmark. Historically, REN-Redes Energeticas Nacionais Sgps' own Pretax Margin % has ranged from 19.99 to 29.78 over the past decade. While the company's 10-year median is 25.27 vs. the industry median of 12.12, REN-Redes Energeticas Nacionais Sgps has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Pretax Margin % for an Utilities - Regulated company?
The median Pretax Margin % among Utilities - Regulated companies is 12.12, based on 501 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. REN-Redes Energeticas Nacionais Sgps's current Pretax Margin % of 26.84% is 121.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on REN-Redes Energeticas Nacionais Sgps and its competitors. For the Utilities - Regulated industry, the median Pretax Margin % is 12.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. REN-Redes Energeticas Nacionais Sgps's current Pretax Margin % is 26.84%, which is near median its own 10-year median of 25.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is REN-Redes Energeticas Nacionais Sgps stock overvalued right now?
REN-Redes Energeticas Nacionais Sgps (MEX:RENEN) has a current Pretax Margin % of 26.84%. The stock's GF Value™ is MXN36.90, compared to a current price of MXN45.23 — trading 22.6% above its estimated fair value. The current Pretax Margin % is 26.84%, which is near median its 10-year median of 25.27 and 121.5% above the Utilities - Regulated industry median of 12.12. REN-Redes Energeticas Nacionais Sgps' overall GF Score™ is 83/100 with 11 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For REN-Redes Energeticas Nacionais Sgps (MEX:RENEN), the current Pretax Margin % is 26.84% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is REN-Redes Energeticas Nacionais Sgps (MEX:RENEN) Overvalued in 2026?

Based on GuruFocus' analysis, REN-Redes Energeticas Nacionais Sgps stock appears to be overvalued. The current stock price of MXN45.23 is trading 22.6% above its estimated GF Value™ of MXN36.90.

Key valuation signals for MEX:RENEN:

  • Pretax Margin %: 26.84% (near median its 10-year median of 25.27)
  • GF Value™: MXN36.90 vs. price of MXN45.23 (22.6% above fair value)
  • GF Score™: 83/100 with 11 warning signs
  • Industry Position: 121.5% above the Utilities - Regulated median (#112 of 501)

No single metric tells the full story. See the MEX:RENEN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


REN-Redes Energeticas Nacionais Sgps Business Description

Address Avenida Estados Unidos da America, 55, Lisbon, PRT, 1749-061
REN-Redes Energeticas Nacionais Sgps SA is an energy and utility company that operates as the primary concession holder for electricity transmission and natural gas transportation in Portugal. It manages the national high-voltage electricity grid, high-pressure natural gas pipelines, LNG terminal, and underground storage, focusing on energy transition, sustainability, and security of supply. The Group presently has two main business segments, Electricity and Gas, and a secondary business of Telecommunications.
83GF Score

Get the complete analysis for MEX:RENEN

Pretax Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN45.23
Price
MXN36.90
GF Value