The historical rank and industry rank for Ramsay Health Care's Pretax Margin % or its related term are showing as below:
RMYHY'
s Pretax Margin % Range Over the Past 10 Years
Min: 2.47 Med: 7.01 Max: 9.02
Current: 2.47
RMYHY's Pretax Margin % is ranked worse than 50.91% of 658
companies
in the Healthcare Providers & Services industry
Industry Median: 2.59
vs RMYHY: 2.47
Ramsay Health Care Pretax Margin % Historical Data
The historical data trend for Ramsay Health Care'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.
Competitive Comparison of Ramsay Health Care's Pretax Margin %
For the Medical Care Facilities subindustry, Ramsay Health Care'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.
Ramsay Health Care's Pretax Margin % Distribution in the Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, Ramsay Health Care's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Ramsay Health Care's Pretax Margin % falls into.
Ramsay Health Care 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.
Ramsay Health Care's Pretax Margin for the fiscal year that ended in Jun. 2023 is calculated as
* 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.
Ramsay Health Care (OTCPK:RMYHY) 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.
Ramsay Health Care Pretax Margin % Related Terms
Thank you for viewing the detailed overview of Ramsay Health Care's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Ramsay Health Care (Ramsay Health Care) Business Description
Ramsay Health Care is one of the largest private healthcare providers in the world, with over 460 facilities across 10 countries. The key markets in which it operates are Australia, France, the U.K., and Sweden. It is the largest private hospital group in each of these markets except for the U.K. where it ranks fifth. Ramsay Sante, which operates the European regions other than the U.K., is a 52.5%-owned subsidiary of Ramsay Health Care. The company typically earns about 60% of consolidated earnings in Australia and 30% in France. Ramsay Health Care undertakes both private and publicly funded healthcare.
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