GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Range Resources Corp (LTS:0KTW) » Definitions » Pre-Tax Income

Range Resources (LTS:0KTW) Pre-Tax Income : $607 Mil (TTM As of Mar. 2024)


View and export this data going back to 2018. Start your Free Trial

What is Range Resources Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. Range Resources's pretax income for the three months ended in Mar. 2024 was $110 Mil. Its pretax income for the trailing twelve months (TTM) ended in Mar. 2024 was $607 Mil. Range Resources's pretax margin was 18.43%.

During the past 13 years, Range Resources's highest Pretax Margin was 50.47%. The lowest was -89.05%. And the median was -18.99%.


Range Resources Pre-Tax Income Historical Data

The historical data trend for Range Resources's Pre-Tax Income 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.

Range Resources Pre-Tax Income Chart

Range Resources Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pre-Tax Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2,216.59 -737.33 402.04 1,413.83 1,100.34

Range Resources Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Pre-Tax Income 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 603.33 44.94 65.13 386.95 110.34

Competitive Comparison of Range Resources's Pre-Tax Income

For the Oil & Gas E&P subindustry, Range Resources's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income 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.


Range Resources's Pre-Tax Income Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Range Resources's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Range Resources's Pre-Tax Income falls into.



Range Resources Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

Range Resources's Pretax Income for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=575.193+649.154+-124.004+0+2.2737367544323E-13
=1,100

Range Resources's Pretax Income for the quarter that ended in Mar. 2024 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=113.16+27.658+-30.476+0+0
=110

Pre-Tax Income for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $607 Mil.

* 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.


Range Resources  (LTS:0KTW) Pre-Tax Income Explanation

Range Resources's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pretax Income/Revenue
=110.342/598.771
=18.43%

During the past 13 years, Range Resources's highest Pretax Margin was 50.47%. The lowest was -89.05%. And the median was -18.99%.

* 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.


Range Resources Pre-Tax Income Related Terms

Thank you for viewing the detailed overview of Range Resources's Pre-Tax Income provided by GuruFocus.com. Please click on the following links to see related term pages.


Range Resources (LTS:0KTW) Business Description

Traded in Other Exchanges
Address
100 Throckmorton Street, Suite 1200, Fort Worth, TX, USA, 76102
Fort Worth-based Range Resources is an independent exploration and production company with that focuses entirely on its operations in the Marcellus Shale in Pennsylvania. At year-end 2022, Range's proved reserves totaled 18.1 trillion cubic feet equivalent, with net production of 2.1 billion cubic feet equivalent per day. Natural gas accounted for 70% of production.

Range Resources (LTS:0KTW) Headlines

No Headlines