Richards Packaging Income Fund EBIT margin
What is the EBIT margin of Richards Packaging Income Fund?
The EBIT margin of Richards Packaging Income Fund is 13.98%
What is the definition of EBIT margin?
EBIT margin is a profitability ratio that measures earnings of the company as a percentage of revenue without taking into account the effect of taxes and interest.
ttm (trailing twelve months)
EBIT margin measures the profitability and operational efficiency of a company. It compares the amount of money that remains after the cost of goods and all operating expenses are subtracted from net revenue to sales. EBIT margin is calculated as earnings before interest and taxes divided by net revenue.
EBIT and EBIT margin evaluate how well a business manages its operations. Interest and taxes are not operating expenses and don’t impact operating efficiency. EBIT margin is usually used to compare operational efficiency and profitability of companies within the same industry. Taxes can vary by location thus excluding them from the calculation gives a better basis for comparing different companies.
EBIT and operating income are often used interchangeably, but there is a difference between them, which can cause the numbers to give different results. The key difference is that operating income does not include non-operating income, non-operating expenses, and other income.
EBIT margin of companies in the Materials sector on TSX compared to Richards Packaging Income Fund
What does Richards Packaging Income Fund do?
Richards Packaging Income Fund, together with its subsidiaries, manufactures and distributes packaging and related products in Canada and the United States. It offers plastic, glass, and metal containers and closures. The company also offers design and development, and logistics management services. It serves food and beverage, healthcare, cosmetics, industrial, and pharmaceutical sectors. Richards Packaging Income Fund was founded in 1912 and is based in Mississauga, Canada.
Companies with ebit margin similar to Richards Packaging Income Fund
- Sundaram Multi Pap has EBIT margin of 13.95%
- Moury Construct SA has EBIT margin of 13.96%
- DISH Network has EBIT margin of 13.96%
- Interroll AG has EBIT margin of 13.97%
- Royal Bank Of Canada has EBIT margin of 13.97%
- Arcus ASA has EBIT margin of 13.98%
- Richards Packaging Income Fund has EBIT margin of 13.98%
- Largo Resources has EBIT margin of 13.98%
- Heineken NV has EBIT margin of 13.98%
- Strategic Education Inc has EBIT margin of 13.99%
- HCA Healthcare Inc has EBIT margin of 13.99%
- PNM Resources Inc has EBIT margin of 13.99%
- Konami has EBIT margin of 14.02%