GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Renesas Electronics Corp (STU:NEN) » Definitions » Pretax Margin %

Renesas Electronics (STU:NEN) Pretax Margin % : 21.01% (As of Sep. 2024)


View and export this data going back to . Start your Free Trial

What is Renesas Electronics Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Renesas Electronics's Pre-Tax Income for the three months ended in Sep. 2024 was €457 Mil. Renesas Electronics's Revenue for the three months ended in Sep. 2024 was €2,176 Mil. Therefore, Renesas Electronics's pretax margin for the quarter that ended in Sep. 2024 was 21.01%.

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

STU:NEN' s Pretax Margin % Range Over the Past 10 Years
Min: -0.05   Med: 12.34   Max: 28.73
Current: 22.37


STU:NEN's Pretax Margin % is ranked better than
86.04% of 996 companies
in the Semiconductors industry
Industry Median: 4.665 vs STU:NEN: 22.37

Renesas Electronics Pretax Margin % Historical Data

The historical data trend for Renesas Electronics'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.

Renesas Electronics Pretax Margin % Chart

Renesas Electronics Annual Data
Trend Mar14 Mar15 Mar16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.05 9.11 14.36 24.14 28.73

Renesas Electronics Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 27.15 21.70 26.08 20.70 21.01

Competitive Comparison of Renesas Electronics's Pretax Margin %

For the Semiconductors subindustry, Renesas Electronics'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.


Renesas Electronics's Pretax Margin % Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Renesas Electronics's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Renesas Electronics's Pretax Margin % falls into.



Renesas Electronics 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.

Renesas Electronics'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 )
=2688.767/9358.519
=28.73 %

Renesas Electronics's Pretax Margin for the quarter that ended in Sep. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Sep. 2024 )/Revenue (Q: Sep. 2024 )
=457.294/2176.218
=21.01 %

* 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.


Renesas Electronics  (STU:NEN) 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.


Renesas Electronics Pretax Margin % Related Terms

Thank you for viewing the detailed overview of Renesas Electronics's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Renesas Electronics Business Description

Traded in Other Exchanges
Address
Toyosu Foresia, 3-2-24, Toyosu, Koto-ku, Tokyo, JPN, 135-0061
Renesas Electronics Corp is a Japan-based company that manufactures and distributes semiconductor components and other products for use in automotive, healthcare, computer peripheral, connectivity, home appliance, and industrial end markets. Its product portfolio includes microcontrollers and microprocessors, embedded systems platform, insulated-gate bipolar transistors, intelligent power devices, thrysistors, transistors, diodes, analog integrated circuits, and optoelectronics products. The firm has operations in Japan, the Americas, Europe, Middle East and Africa, and Asia.

Renesas Electronics Headlines

From GuruFocus