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Tecnicas Reunidas (XMAD:TRE) Pretax Margin % : 3.17% (As of Dec. 2023)


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What is Tecnicas Reunidas Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Tecnicas Reunidas's Pre-Tax Income for the three months ended in Dec. 2023 was €28 Mil. Tecnicas Reunidas's Revenue for the three months ended in Dec. 2023 was €881 Mil. Therefore, Tecnicas Reunidas's pretax margin for the quarter that ended in Dec. 2023 was 3.17%.

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

XMAD:TRE' s Pretax Margin % Range Over the Past 10 Years
Min: -6.41   Med: 1.43   Max: 5.26
Current: 2.5


XMAD:TRE's Pretax Margin % is ranked worse than
62.69% of 1651 companies
in the Construction industry
Industry Median: 4.46 vs XMAD:TRE: 2.50

Tecnicas Reunidas Pretax Margin % Historical Data

The historical data trend for Tecnicas Reunidas'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.

Tecnicas Reunidas Pretax Margin % Chart

Tecnicas Reunidas Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.19 0.56 -6.41 -0.44 2.50

Tecnicas Reunidas Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.89 2.71 2.80 1.44 3.17

Competitive Comparison of Tecnicas Reunidas's Pretax Margin %

For the Engineering & Construction subindustry, Tecnicas Reunidas'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.


Tecnicas Reunidas's Pretax Margin % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Tecnicas Reunidas's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Tecnicas Reunidas's Pretax Margin % falls into.



Tecnicas Reunidas 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.

Tecnicas Reunidas'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 )
=103.332/4135.152
=2.50 %

Tecnicas Reunidas'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 )
=27.932/880.752
=3.17 %

* 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.


Tecnicas Reunidas  (XMAD:TRE) 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.


Tecnicas Reunidas Pretax Margin % Related Terms

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Tecnicas Reunidas (XMAD:TRE) Business Description

Traded in Other Exchanges
Address
Arapiles Street, 14, Madrid, ESP, 28015
Tecnicas Reunidas SA is a general contracting company. It engages in engineering, design and construction of industrial facilities for international customers including principal national oil companies and multinational companies. The firm's majority of business is focused on large turnkey industrial projects and it also offers engineering, management, start-up and operating services for industrial plants. Its business areas are oil and gas, power, infrastructures and industries. The company mainly operates in Spain, Middle East, Latin America, Asia and the Mediterranean region.

Tecnicas Reunidas (XMAD:TRE) Headlines

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