Dream Residential REIT (Dream Residential REIT) Pre-Tax Income : $11.82 Mil (TTM As of Mar. 2024)

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What is Dream Residential REIT Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. Dream Residential REIT's pretax income for the three months ended in Mar. 2024 was $0.82 Mil. Its pretax income for the trailing twelve months (TTM) ended in Mar. 2024 was $11.82 Mil. Dream Residential REIT's pretax margin was 6.79%.

During the past 2 years, Dream Residential REIT's highest Pretax Margin was 49.32%. The lowest was -31.22%. And the median was -31.22%.

Dream Residential REIT Pre-Tax Income Historical Data

The historical data trend for Dream Residential REIT'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.

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Dream Residential REIT Pre-Tax Income Chart

Dream Residential REIT Annual Data

Trend

Dec22

Dec23

Pre-Tax Income

-14.85

Dream Residential REIT Quarterly Data
	Feb22	Jun22	Sep22	Dec22	Mar23	Jun23	Dec23	Mar24
Pre-Tax Income	Get a 7-Day Free Trial			-	-10.87	11.01	-	0.82

Competitive Comparison of Dream Residential REIT's Pre-Tax Income

For the REIT - Residential subindustry, Dream Residential REIT'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.

Dream Residential REIT's Pre-Tax Income Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Dream Residential REIT's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Dream Residential REIT's Pre-Tax Income falls into.

Dream Residential REIT Pre-Tax Income Calculation

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

Dream Residential REIT'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
	=	21.392	+	-26.207	+	-9.768	+	0.337	+	-0.603
	=	-14.85

Dream Residential REIT'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
	=	5.752	+	-2.678	+	-2.333	+	0.075	+	3.3306690738755E-16
	=	0.82

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 $11.82 Mil.

Dream Residential REIT (OTCPK:DRREF) Pre-Tax Income Explanation

Dream Residential REIT's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin	=	Pretax Income	/	Revenue
	=	0.816	/	12.014
	=	6.79%

During the past 2 years, Dream Residential REIT's highest Pretax Margin was 49.32%. The lowest was -31.22%. And the median was -31.22%.

Dream Residential REIT Pre-Tax Income Related Terms

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Dream Residential REIT (Dream Residential REIT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Dream Residential REIT (OTCPK:DRREF) » Definitions » Pre-Tax Income

Comparable Companies

Traded in Other Exchanges

DRR.U:Canada

Address

30 Adelaide Street East, Suite 301, Toronto, ON, CAN, M5C 3H1

Website

https://www.dream.ca

Dream Residential REIT is a Canada-based open-ended, real estate investment trust. It plans to acquire all of the issued and outstanding equity interests in special purpose entities, which collectively own more than 15 multi-residential rental properties. All of its properties are located in the United States.