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MCAN Financial Group (TSX:MKP) Pre-Tax Income : C$77.7 Mil (TTM As of Mar. 2024)


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What is MCAN Financial Group Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. MCAN Financial Group's pretax income for the three months ended in Mar. 2024 was C$22.9 Mil. Its pretax income for the trailing twelve months (TTM) ended in Mar. 2024 was C$77.7 Mil. MCAN Financial Group's pretax margin was 66.49%.

During the past 13 years, MCAN Financial Group's highest Pretax Margin was 69.36%. The lowest was 60.59%. And the median was 66.90%.


MCAN Financial Group Pre-Tax Income Historical Data

The historical data trend for MCAN Financial Group'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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MCAN Financial Group Pre-Tax Income Chart

MCAN Financial Group 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 47.74 42.65 63.97 55.07 78.23

MCAN Financial Group 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 23.43 15.52 17.88 21.39 22.92

Competitive Comparison of MCAN Financial Group's Pre-Tax Income

For the Mortgage Finance subindustry, MCAN Financial Group'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.


MCAN Financial Group's Pre-Tax Income Distribution in the Banks Industry

For the Banks industry and Financial Services sector, MCAN Financial Group's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where MCAN Financial Group's Pre-Tax Income falls into.



MCAN Financial Group Pre-Tax Income Calculation

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

MCAN Financial Group's Pretax Income for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Income=Operating Income+Other
=0+78.227
=78.2

MCAN Financial Group's Pretax Income for the quarter that ended in Mar. 2024 is calculated as

Pretax Income=Operating Income+Other
=0+22.92
=22.9

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 C$77.7 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.


MCAN Financial Group  (TSX:MKP) Pre-Tax Income Explanation

MCAN Financial Group's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pretax Income/Revenue
=22.92/34.469
=66.49%

During the past 13 years, MCAN Financial Group's highest Pretax Margin was 69.36%. The lowest was 60.59%. And the median was 66.90%.

* 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.


MCAN Financial Group Pre-Tax Income Related Terms

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MCAN Financial Group (TSX:MKP) Business Description

Traded in Other Exchanges
Address
200 King Street West, Suite 600, Toronto, ON, CAN, M5H 3T4
MCAN Financial Group is a mortgage investment company whose objective is to generate a reliable stream of income by investing its funds in a portfolio of mortgages (including single family residential, residential construction, non-residential construction and commercial loans), as well as other types of loans and investments, real estate and securitization investments. The company derives majority of its revenues from mortgage income and equity income.
Executives
Glenn Doré Director

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