The historical rank and industry rank for Reliance Industries's Pretax Margin % or its related term are showing as below:
RLNIY'
s Pretax Margin % Range Over the Past 10 Years
Min: 8.29 Med: 11.75 Max: 14.14
Current: 11.62
RLNIY's Pretax Margin % is ranked better than 61.51% of 977
companies
in the Oil & Gas industry
Industry Median: 6.42
vs RLNIY: 11.62
Reliance Industries Pretax Margin % Historical Data
The historical data trend for Reliance Industries'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.
Competitive Comparison of Reliance Industries's Pretax Margin %
For the Oil & Gas Refining & Marketing subindustry, Reliance Industries'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.
Reliance Industries's Pretax Margin % Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Reliance Industries's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Reliance Industries's Pretax Margin % falls into.
Reliance Industries 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.
Reliance Industries's Pretax Margin for the fiscal year that ended in Mar. 2024 is calculated as
* 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.
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.
Reliance Industries Pretax Margin % Related Terms
Thank you for viewing the detailed overview of Reliance Industries's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Reliance Industries (Reliance Industries) Business Description
Reliance Industries Ltd is engaged in hydrocarbon exploration and production, refining and marketing, petrochemicals, financial services, retail, and communications. The Group has five principal operating and reporting segments: Oil To Chemicals (O2C), Oil and Gas, Retail, Digital Services and Financial Services. Located in west India, Reliance's refineries produce a range of petroleum products that find use as fuel variants, feedstock, and fuel for power and cement plants. Fuels produced in refineries are exported to several countries and can be processed into any grade of gasoline or diesel. The Oil to Chemicals segment that derives the majority revenue includes Refining, Petrochemicals, fuel retailing through Reliance BP Mobility Limited, aviation fuel, and bulk wholesale marketing.
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