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Rimon Consulting & Managing Services (XTAE:RMON) Pretax Margin % : 7.16% (As of Dec. 2023)


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What is Rimon Consulting & Managing Services Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Rimon Consulting & Managing Services's Pre-Tax Income for the three months ended in Dec. 2023 was ₪12.1 Mil. Rimon Consulting & Managing Services's Revenue for the three months ended in Dec. 2023 was ₪169.5 Mil. Therefore, Rimon Consulting & Managing Services's pretax margin for the quarter that ended in Dec. 2023 was 7.16%.

The historical rank and industry rank for Rimon Consulting & Managing Services's Pretax Margin % or its related term are showing as below:

XTAE:RMON' s Pretax Margin % Range Over the Past 10 Years
Min: 1.53   Med: 11.33   Max: 14.06
Current: 10.6


XTAE:RMON's Pretax Margin % is ranked better than
77.2% of 1649 companies
in the Construction industry
Industry Median: 4.51 vs XTAE:RMON: 10.60

Rimon Consulting & Managing Services Pretax Margin % Historical Data

The historical data trend for Rimon Consulting & Managing Services'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.

Rimon Consulting & Managing Services Pretax Margin % Chart

Rimon Consulting & Managing Services Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial 1.53 12.42 10.73 14.06 10.60

Rimon Consulting & Managing Services Quarterly Data
Dec18 Dec19 Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 10.96 9.12 9.74 14.77 7.16

Competitive Comparison of Rimon Consulting & Managing Services's Pretax Margin %

For the Engineering & Construction subindustry, Rimon Consulting & Managing Services'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.


Rimon Consulting & Managing Services's Pretax Margin % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Rimon Consulting & Managing Services's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Rimon Consulting & Managing Services's Pretax Margin % falls into.



Rimon Consulting & Managing Services 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.

Rimon Consulting & Managing Services'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 )
=79.357/748.934
=10.60 %

Rimon Consulting & Managing Services's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=12.127/169.458
=7.16 %

* 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.


Rimon Consulting & Managing Services  (XTAE:RMON) 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.


Rimon Consulting & Managing Services Pretax Margin % Related Terms

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Rimon Consulting & Managing Services (XTAE:RMON) Business Description

Traded in Other Exchanges
N/A
Address
11 Bareket Street, Industrial Park, Caesarea, ISR, 3079543
Rimon Consulting & Managing Services Ltd is engaged in the construction and operation of infrastructure, energy, and water projects.

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