Dubai Taxi Co (DFM:DTC) Net Margin % : 14.49% (As of Dec. 2023)

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What is Dubai Taxi Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Dubai Taxi Co's Net Income for the three months ended in Dec. 2023 was د.إ78.2 Mil. Dubai Taxi Co's Revenue for the three months ended in Dec. 2023 was د.إ539.8 Mil. Therefore, Dubai Taxi Co's net margin for the quarter that ended in Dec. 2023 was 14.49%.

The historical rank and industry rank for Dubai Taxi Co's Net Margin % or its related term are showing as below:

DFM:DTC' s Net Margin % Range Over the Past 10 Years
Min: -16.39 Med: 11.65 Max: 17.68
Current: 15.95

DFM:DTC's Net Margin % is ranked better than
86.44% of 1062 companies
in the Business Services industry
Industry Median: 3.9 vs DFM:DTC: 15.95

Dubai Taxi Co Net Margin % Historical Data

The historical data trend for Dubai Taxi Co's Net 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.

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Dubai Taxi Co Net Margin % Chart

Dubai Taxi Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Net Margin %

11.65

-16.39

11.15

12.75

17.68

Dubai Taxi Co Quarterly Data
	Dec19	Dec20	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23
Net Margin %	Get a 7-Day Free Trial				6.28	18.42	-	17.68	14.49

Competitive Comparison of Dubai Taxi Co's Net Margin %

For the Rental & Leasing Services subindustry, Dubai Taxi Co's Net Margin %, along with its competitors' market caps and Net 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.

Dubai Taxi Co's Net Margin % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Dubai Taxi Co's Net Margin % distribution charts can be found below:

* The bar in red indicates where Dubai Taxi Co's Net Margin % falls into.

Dubai Taxi Co Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Dubai Taxi Co's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	345.325	/	1953.513
	=	17.68 %

Dubai Taxi Co's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	78.187	/	539.776
	=	14.49 %

Dubai Taxi Co (DFM:DTC) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.

Dubai Taxi Co Net Margin % Related Terms

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Dubai Taxi Co (DFM:DTC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Dubai Taxi Co (DFM:DTC) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Amman Street, First floor, main building, Al Muhaisnah area, Dubai, ARE

Website

https://www.dubaitaxi.ae

Dubai Taxi Co is a mobility solutions and taxi operator company in Dubai. It offers a wide range of transportation solutions across its four main business lines, which include taxi services through its large, environmentally friendly fleet, VIP limousine services consisting of chauffeur-driven vehicles to provide luxury service, bus services, and last-mile delivery services via delivery bikes. The company operates more than 7,000 vehicles.