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3R Petroleum Oleo E Gas (BSP:RRRP3) Pretax Margin % : 29.62% (As of Dec. 2023)


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What is 3R Petroleum Oleo E Gas Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. 3R Petroleum Oleo E Gas's Pre-Tax Income for the three months ended in Dec. 2023 was R$548 Mil. 3R Petroleum Oleo E Gas's Revenue for the three months ended in Dec. 2023 was R$1,849 Mil. Therefore, 3R Petroleum Oleo E Gas's pretax margin for the quarter that ended in Dec. 2023 was 29.62%.

The historical rank and industry rank for 3R Petroleum Oleo E Gas's Pretax Margin % or its related term are showing as below:

BSP:RRRP3' s Pretax Margin % Range Over the Past 10 Years
Min: -166.62   Med: -24.59   Max: 10.51
Current: 10.51


BSP:RRRP3's Pretax Margin % is ranked better than
59.61% of 978 companies
in the Oil & Gas industry
Industry Median: 6.42 vs BSP:RRRP3: 10.51

3R Petroleum Oleo E Gas Pretax Margin % Historical Data

The historical data trend for 3R Petroleum Oleo E Gas'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.

3R Petroleum Oleo E Gas Pretax Margin % Chart

3R Petroleum Oleo E Gas Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial -86.82 -147.67 -6.13 -12.43 10.51

3R Petroleum Oleo E Gas Quarterly Data
Dec17 Dec18 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 -55.58 9.50 11.98 -4.74 29.62

Competitive Comparison of 3R Petroleum Oleo E Gas's Pretax Margin %

For the Oil & Gas E&P subindustry, 3R Petroleum Oleo E Gas'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.


3R Petroleum Oleo E Gas's Pretax Margin % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, 3R Petroleum Oleo E Gas's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where 3R Petroleum Oleo E Gas's Pretax Margin % falls into.



3R Petroleum Oleo E Gas 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.

3R Petroleum Oleo E Gas'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 )
=590.794/5619.989
=10.51 %

3R Petroleum Oleo E Gas'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 )
=547.855/1849.45
=29.62 %

* 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.


3R Petroleum Oleo E Gas  (BSP:RRRP3) 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.


3R Petroleum Oleo E Gas Pretax Margin % Related Terms

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3R Petroleum Oleo E Gas (BSP:RRRP3) Business Description

Traded in Other Exchanges
N/A
Address
Rua Visconde de Ouro Preto, number 5, Sala 601, Botafogo, Rio de Janeiro, RJ, BRA
3R Petroleum Oleo E Gas SA is engaged in the oil and gas sector with a focus on redevelopment of mature production fields located on land. Its purpose is to explore, produce, and sell oil and its derivatives, natural gas, and other fluid hydrocarbons.

3R Petroleum Oleo E Gas (BSP:RRRP3) Headlines

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