GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Energy Vault Holdings Inc (NYSE:NRGV) » Definitions » Pretax Margin %

Energy Vault Holdings (Energy Vault Holdings) Pretax Margin % : -272.44% (As of Mar. 2024)


View and export this data going back to 2022. Start your Free Trial

What is Energy Vault Holdings Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Energy Vault Holdings's Pre-Tax Income for the three months ended in Mar. 2024 was $-21.1 Mil. Energy Vault Holdings's Revenue for the three months ended in Mar. 2024 was $7.8 Mil. Therefore, Energy Vault Holdings's pretax margin for the quarter that ended in Mar. 2024 was -272.44%.

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

NRGV' s Pretax Margin % Range Over the Past 10 Years
Min: -53.38   Med: -41.16   Max: -26.27
Current: -26.27


NRGV's Pretax Margin % is ranked worse than
85.37% of 417 companies
in the Utilities - Independent Power Producers industry
Industry Median: 10.78 vs NRGV: -26.27

Energy Vault Holdings Pretax Margin % Historical Data

The historical data trend for Energy Vault 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.

Energy Vault Holdings Pretax Margin % Chart

Energy Vault Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
- - - -53.38 -28.93

Energy Vault Holdings Quarterly Data
Dec19 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 -272.87 -65.92 -11.23 -18.71 -272.44

Competitive Comparison of Energy Vault Holdings's Pretax Margin %

For the Utilities - Renewable subindustry, Energy Vault 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.


Energy Vault Holdings's Pretax Margin % Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Energy Vault Holdings's Pretax Margin % distribution charts can be found below:

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



Energy Vault 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.

Energy Vault 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 )
=-98.792/341.543
=-28.93 %

Energy Vault 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 )
=-21.139/7.759
=-272.44 %

* 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.


Energy Vault Holdings  (NYSE:NRGV) 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.


Energy Vault Holdings Pretax Margin % Related Terms

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


Energy Vault Holdings (Energy Vault Holdings) Business Description

Traded in Other Exchanges
Address
4360 Park Terrace Drive, Suite 100, Westlake Village, CA, USA, 91361
Energy Vault Holdings Inc is a grid-scale energy storage company that is driving a faster transition to renewable power by solving the intermittence issues that are inherent to the most prevalent sources of renewable energy, solar and wind. Geographical presence in United States, China and Other. Majority of its revenue comes from U.S.
Executives
Akshay Ladwa officer: Chief Engineering Officer C/O ENERGY VAULT, INC., 4360 PARK TERRACE DRIVE, SUITE 100, WESTLAKE VILLAGE CA 91361
Marco Terruzzin officer: Chief Product Officer 4360 PARK TERRACE, SUITE 100, WESTLAKE VILLAGE CA 91361
Van Gaalen Jan Kees officer: Chief Financial Officer 10205 WESTHEIMER, SUITE 1000, HOUSTON TX 77042
Christopher Wiese officer: Chief Operating Officer 4360 PARK TERRACE DRIVE, SUITE 100, WESTLAKE VILLAGE CA 91361
Goncagul Icoren officer: Chief People Officer 4360 PARK TERRACE DRIVE, SUITE 100, WESTLAKE VILLAGE CA 91361
Josh Mcmorrow officer: Chief Legal Officer 4360 PARK TERRACE DRIVE, SUITE 100, WESTLAKE VILLAGE CA 91361
Laurence Alexander officer: Chief Marketing Officer C/O ROK ENTERTAINMENT GROUP ROK HOUSE, HOLYHEAD ROAD, ALBRIGHTON, WOLVERHAMPTON X0 WV7 3AU
Robert Piconi director, officer: Chief Executive Officer C/O HEALTHCARE AI ACQUISITION, 7 STANLEY GARDENS, LONDON X0 W112ND
Andrea Pedretti officer: Chief Technology Officer 4360 PARK TERRACE DRIVE, SUITE 100, WESTLAKE VILLAGE CA 91361
Theresa M Fariello director C/O ENERGY VAULT, INC., 4360 PARK TERRACE DRIVE, SUITE 100, WESTLAKE VILLAGE CA 91361
William Gross director C/O BILL GROSS' IDEALAB, 130 W UNION STREET, PASADENA CA 91103
David W Hitchcock officer: Interim CFO 67 WHIPPANY ROAD, WHIPPANY NJ 07981
Thomas R Ertel director C/O BLACKBAUD, INC., 2000 DANIEL ISLAND DRIVE, CHARLESTON SC 29492
Idealab Studio, Llc 10 percent owner 130 W. UNION STREET, PASADENA CA 91103
John G Jung officer: President of EVS 4360 PARK TERRACE DRIVE, SUITE 100, WESTLAKE VILLAGE CA 91361