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Ghitha Holding PJSC (ADX:GHITHA) Pretax Margin % : 18.32% (As of Sep. 2023)


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What is Ghitha Holding PJSC Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Ghitha Holding PJSC's Pre-Tax Income for the three months ended in Sep. 2023 was د.إ228 Mil. Ghitha Holding PJSC's Revenue for the three months ended in Sep. 2023 was د.إ1,244 Mil. Therefore, Ghitha Holding PJSC's pretax margin for the quarter that ended in Sep. 2023 was 18.32%.

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

ADX:GHITHA' s Pretax Margin % Range Over the Past 10 Years
Min: 4.25   Med: 8.55   Max: 14.58
Current: 13.3


ADX:GHITHA's Pretax Margin % is ranked better than
93.89% of 311 companies
in the Retail - Defensive industry
Industry Median: 3.02 vs ADX:GHITHA: 13.30

Ghitha Holding PJSC Pretax Margin % Historical Data

The historical data trend for Ghitha Holding PJSC'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.

Ghitha Holding PJSC Pretax Margin % Chart

Ghitha Holding PJSC Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Pretax Margin %
6.15 4.25 10.94 14.58

Ghitha Holding PJSC Quarterly Data
Dec19 Jun20 Sep20 Dec20 Jun21 Sep21 Dec21 Jun22 Sep22 Dec22 Jun23 Sep23
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 14.00 11.00 24.88 0.39 18.32

Competitive Comparison of Ghitha Holding PJSC's Pretax Margin %

For the Food Distribution subindustry, Ghitha Holding 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.


Ghitha Holding PJSC's Pretax Margin % Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Ghitha Holding PJSC's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Ghitha Holding PJSC's Pretax Margin % falls into.



Ghitha Holding PJSC 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.

Ghitha Holding PJSC's Pretax Margin for the fiscal year that ended in Dec. 2022 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2022 )/Revenue (A: Dec. 2022 )
=332.146/2278.566
=14.58 %

Ghitha Holding PJSC's Pretax Margin for the quarter that ended in Sep. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Sep. 2023 )/Revenue (Q: Sep. 2023 )
=228.002/1244.488
=18.32 %

* 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.


Ghitha Holding PJSC  (ADX:GHITHA) 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.


Ghitha Holding PJSC Pretax Margin % Related Terms

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Ghitha Holding PJSC (ADX:GHITHA) Business Description

Traded in Other Exchanges
N/A
Address
Meena Zayed Port Area, P.O. Box 53314, Abu Dhabi, ARE
Ghitha Holding PJSC is engaged in trading, re-packaging, storage, and distribution of food and non-food products. The product portfolio includes dry food products, canned foods, frozen food, processed food items, household items, stationeries, disposables, toiletries, chemicals, and other products.

Ghitha Holding PJSC (ADX:GHITHA) Headlines

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