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Reading International (Reading International) Pretax Margin % : -27.05% (As of Dec. 2023)


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What is Reading International Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Reading International's Pre-Tax Income for the three months ended in Dec. 2023 was $-12.3 Mil. Reading International's Revenue for the three months ended in Dec. 2023 was $45.3 Mil. Therefore, Reading International's pretax margin for the quarter that ended in Dec. 2023 was -27.05%.

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

RDIB' s Pretax Margin % Range Over the Past 10 Years
Min: -90.96   Med: 5.2   Max: 29.31
Current: -13.74


RDIB's Pretax Margin % is ranked worse than
73.82% of 1035 companies
in the Media - Diversified industry
Industry Median: 2.29 vs RDIB: -13.74

Reading International Pretax Margin % Historical Data

The historical data trend for Reading International'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.

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Reading International Pretax Margin % Chart

Reading International 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 0.84 -90.96 29.31 -17.65 -13.74

Reading International Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 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 -29.95 -25.77 -4.56 -5.36 -27.05

Competitive Comparison of Reading International's Pretax Margin %

For the Entertainment subindustry, Reading International'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.


Reading International's Pretax Margin % Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Reading International's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Reading International's Pretax Margin % falls into.



Reading International 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.

Reading International'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 )
=-30.595/222.744
=-13.74 %

Reading International'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 )
=-12.258/45.319
=-27.05 %

* 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.


Reading International  (NAS:RDIB) 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.


Reading International Pretax Margin % Related Terms

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Reading International (Reading International) Business Description

Traded in Other Exchanges
Address
189 Second Avenue, Suite 2S, New York, NY, USA, 10003
Reading International Inc is a diversified company, engaged in the development, ownership, and operation of multiplex cinemas and retail and commercial real estate in the United States, Australia, and New Zealand. It operates through two segments: the Cinema segment includes Reading Cinemas, Angelika Film Center, Consolidated Theatres, and City Cinemas; the Real Estate segment includes real estate development and the rental or licensing of retail, commercial, and live theater assets.