The historical rank and industry rank for Federal Grid Company Rosseti PJSC's Pretax Margin % or its related term are showing as below:
MIC:FEES's Pretax Margin % is not ranked *
in the Utilities - Regulated industry.
Industry Median: 12.12 * Ranked among companies with meaningful Pretax Margin % only.
Federal Grid Company Rosseti PJSC (MIC:FEES) 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.
Federal Grid Company Rosseti PJSC Pretax Margin % Related Terms
Federal Grid Company Rosseti PJSC Pretax Margin % Historical Data
* 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.
Federal Grid Company Rosseti PJSC Pretax Margin % Chart
MIC:FEES vs NEE, SO, DUK: Pretax Margin % Comparison
For the Utilities - Regulated Electric subindustry, Federal Grid Company Rosseti PJSC'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.
Federal Grid Company Rosseti PJSC Pretax Margin % vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Federal Grid Company Rosseti PJSC's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Federal Grid Company Rosseti PJSC's Pretax Margin % falls into.
* 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.
Federal Grid Company Rosseti PJSC (MIC:FEES) has a Pretax Margin % of 23.62% as of Jun. 2023. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Federal Grid Company Rosseti PJSC and its competitors.
Is Federal Grid Company Rosseti PJSC's Pretax Margin % too high?
Federal Grid Company Rosseti PJSC's current Pretax Margin % is 23.62%. The Utilities - Regulated industry median Pretax Margin % is 12.12. Federal Grid Company Rosseti PJSC's value of 23.62% is 94.9% above this industry median. Overall, Federal Grid Company Rosseti PJSC has a GF Score™ of 55/100, reflecting its overall financial health beyond just this single metric.
How does Federal Grid Company Rosseti PJSC's Pretax Margin % compare to NEE and SO?
Federal Grid Company Rosseti PJSC's Pretax Margin % of 23.62% can be compared against companies in the Utilities - Regulated industry. The industry median Pretax Margin % is 12.12. Federal Grid Company Rosseti PJSC's value of 23.62% is 94.9% above this benchmark. 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. Federal Grid Company Rosseti PJSC's current Pretax Margin % of 23.62% is 94.9% 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 Federal Grid Company Rosseti PJSC 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. Federal Grid Company Rosseti PJSC's current Pretax Margin % is 23.62%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Federal Grid Company Rosseti PJSC stock overvalued right now?
Federal Grid Company Rosseti PJSC (MIC:FEES) has a current Pretax Margin % of 23.62%. The current Pretax Margin % is 23.62% and 94.9% above the Utilities - Regulated industry median of 12.12. Federal Grid Company Rosseti PJSC's overall GF Score™ is 55/100. 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 Federal Grid Company Rosseti PJSC (MIC:FEES), the current Pretax Margin % is 23.62% as of Jun. 2023. 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.
Federal Grid Company Rosseti PJSC Business Description
Federal Grid Company Rosseti PJSC is a Russian electric utility company of which the Russian Federation is the majority shareholder through its subsidiary, PJSC "Russian Grids." The company's principal activity is the transmission of electricity via the Russian Unified National Electric Grid. Federal Grid Company does this through its operation of numerous substations, transformers, and electricity transmission lines all throughout Russia. The vast majority of the company's revenue is derived from the provision of electricity transmission services to a variety of customers, such as industrial firms and other Russian utilities companies. This income stream is dependent upon changes in tariffs set by the Russian government and electricity demand.
55GF Score
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