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HireRight Holdings (HireRight Holdings) Pretax Margin % : -5.82% (As of Mar. 2024)


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What is HireRight Holdings Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. HireRight Holdings's Pre-Tax Income for the three months ended in Mar. 2024 was $-10.1 Mil. HireRight Holdings's Revenue for the three months ended in Mar. 2024 was $173.2 Mil. Therefore, HireRight Holdings's pretax margin for the quarter that ended in Mar. 2024 was -5.82%.

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

HRT' s Pretax Margin % Range Over the Past 10 Years
Min: -16.32   Med: -2.55   Max: 8.12
Current: -1.08


HRT's Pretax Margin % is ranked worse than
77.87% of 1062 companies
in the Business Services industry
Industry Median: 5.65 vs HRT: -1.08

HireRight Holdings Pretax Margin % Historical Data

The historical data trend for HireRight Holdings'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.

HireRight Holdings Pretax Margin % Chart

HireRight Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
-10.74 -16.32 -2.55 8.12 -1.60

HireRight Holdings Quarterly Data
Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -7.90 2.53 1.52 -3.25 -5.82

Competitive Comparison of HireRight Holdings's Pretax Margin %

For the Staffing & Employment Services subindustry, HireRight Holdings'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.


HireRight Holdings's Pretax Margin % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, HireRight Holdings's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where HireRight Holdings's Pretax Margin % falls into.



HireRight Holdings 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.

HireRight Holdings'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 )
=-11.525/721.877
=-1.60 %

HireRight Holdings's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=-10.075/173.202
=-5.82 %

* 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.


HireRight Holdings  (NYSE:HRT) 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.


HireRight Holdings Pretax Margin % Related Terms

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HireRight Holdings (HireRight Holdings) Business Description

Traded in Other Exchanges
N/A
Address
100 Centerview Drive, Suite 300, Nashville, TN, USA, 37214
HireRight Holdings Corp is a global provider of technology-driven workforce risk management and compliance solutions. It provides comprehensive background screening, verification, identification, monitoring, and drug and health screening services. It offers services via a unified global software and data platform that tightly integrates into its customers' human capital management (HCM) systems enabling effective and efficient workflows for workforce hiring, onboarding, and monitoring. The company's revenues is derived from contracts to provide services. Majority of the revenue is generated from United States.
Executives
Mary O'loughlin officer: EVP, North America 100 CENTERVIEW DRIVE, SUITE 300, NASHVILLE TN 37214
Michael E Ensor officer: SVP, Global Head of Operations 100 CENTERVIEW DRIVE, SUITE 300, NASHVILLE TN 37214
James R Daxner officer: EVP, Global Head of Product 100 CENTERVIEW DRIVE, SUITE 300, NASHVILLE TN 37214
James Laplaine director 100 CENTERVIEW DR,, NASHVILLE TN 37214
Lisa L Troe director 12181 BLUFF CREEK DRIVE, 4TH FLOOR, LOS ANGELES CA 90094
Rjc Gis Holdings Llc 10 percent owner 401 QUAY COMMONS UNIT 1801, SARASOTA FL 34236
Venkat Bhamidipati director 6220 AMERICA CENTER DRIVE, SAN JOSE CA 95002
Lawrence M Kutscher director ONE DIAMOND HILL RD, MURRAY HILL NJ 07974
Jeanne S. Conrad 10 percent owner 401 QUAY COMMONS UNIT 1801, SARASOTA FL 34236
Raymond W. Conrad 10 percent owner 401 QUAY COMMONS UNIT 1801, SARASOTA FL 34236
General Atlantic, L.p. director, 10 percent owner 55 EAST 52ND STREET, 33RD FLOOR, NEW YORK NY 10055
General Atlantic Genpar (bermuda), L.p. director, 10 percent owner C/O GENERAL ATLANTIC SERVICE COMPANY,LLC, 55 EAST 52ND ST. 32ND FLOOR, NEW YORK NY 10055
General Atlantic Partners (bermuda) Hrg Ii, L.p. director, 10 percent owner C/O CONYERS CLIENT SERVICES LIMITED, CLARENDON HOUSE, 2 CHURCH STREET, HAMILTON D0 HM11
General Atlantic (spv) Gp (bermuda), Llc director, 10 percent owner C/O CONYERS CLIENT SERVICES LIMITED, CLARENDON HOUSE, 2 CHURCH STREET, HAMILTON D0 HM11
Gap (bermuda) L.p. director, 10 percent owner C/O GENERAL ATLANTIC SERVICE COMPANY, 55 EAST 52ND ST. 32ND FLOOR, NEW YORK NY 10055

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