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Middle East Healthcare Co (SAU:4009) Pretax Margin % : 8.59% (As of Mar. 2024)


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What is Middle East Healthcare Co Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Middle East Healthcare Co's Pre-Tax Income for the three months ended in Mar. 2024 was ﷼59 Mil. Middle East Healthcare Co's Revenue for the three months ended in Mar. 2024 was ﷼689 Mil. Therefore, Middle East Healthcare Co's pretax margin for the quarter that ended in Mar. 2024 was 8.59%.

The historical rank and industry rank for Middle East Healthcare Co's Pretax Margin % or its related term are showing as below:

SAU:4009' s Pretax Margin % Range Over the Past 10 Years
Min: 1.03   Med: 7.6   Max: 25.41
Current: 7.55


SAU:4009's Pretax Margin % is ranked better than
65.5% of 655 companies
in the Healthcare Providers & Services industry
Industry Median: 2.63 vs SAU:4009: 7.55

Middle East Healthcare Co Pretax Margin % Historical Data

The historical data trend for Middle East Healthcare Co'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.

Middle East Healthcare Co Pretax Margin % Chart

Middle East Healthcare Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only 6.37 4.61 1.03 3.77 7.60

Middle East Healthcare Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 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 Premium Member Only Premium Member Only Premium Member Only 8.87 7.48 8.79 5.47 8.59

Competitive Comparison of Middle East Healthcare Co's Pretax Margin %

For the Medical Care Facilities subindustry, Middle East Healthcare Co'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.


Middle East Healthcare Co's Pretax Margin % Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Middle East Healthcare Co's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Middle East Healthcare Co's Pretax Margin % falls into.



Middle East Healthcare Co 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.

Middle East Healthcare Co'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 )
=201.618/2653.17
=7.60 %

Middle East Healthcare Co'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 )
=59.194/689.21
=8.59 %

* 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.


Middle East Healthcare Co  (SAU:4009) 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.


Middle East Healthcare Co Pretax Margin % Related Terms

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Middle East Healthcare Co (SAU:4009) Business Description

Traded in Other Exchanges
N/A
Address
4, Batterjee Road, P.O.Box 2550, Al-Zahra District, Jeddah, SAU, 21461
Middle East Healthcare Co is a Saudi Arabia-based company engaged in the business of managing, operating and maintaining hospitals, medical centers, educational centers, rehabilitation centers, physiotherapy, laboratories and radiology centers, pharmacies, construction and to buy land for the purpose of constructing medical projects and to establish, manage and organize exhibitions for the company.

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