McGrath (ASX:MEA) Pretax Margin % : 21.70% (As of Dec. 2023)

View and export this data going back to 2015. Start your Free Trial

What is McGrath Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. McGrath's Pre-Tax Income for the six months ended in Dec. 2023 was A$8.84 Mil. McGrath's Revenue for the six months ended in Dec. 2023 was A$40.72 Mil. Therefore, McGrath's pretax margin for the quarter that ended in Dec. 2023 was 21.70%.

The historical rank and industry rank for McGrath's Pretax Margin % or its related term are showing as below:

ASX:MEA' s Pretax Margin % Range Over the Past 10 Years
Min: -66.02 Med: 4.54 Max: 33.46
Current: 33.46

ASX:MEA's Pretax Margin % is ranked better than
77.8% of 1788 companies
in the Real Estate industry
Industry Median: 8.685 vs ASX:MEA: 33.46

McGrath Pretax Margin % Historical Data

The historical data trend for McGrath's Pretax 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.

* Premium members only.

McGrath Pretax Margin % Chart

McGrath Annual Data

Trend

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Pretax Margin %

Get a 7-Day Free Trial

-21.55

1.97

17.24

14.33

9.45

McGrath Semi-Annual Data
	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Pretax Margin %	Get a 7-Day Free Trial												15.93	12.53	-	-	21.70

Competitive Comparison of McGrath's Pretax Margin %

For the Real Estate Services subindustry, McGrath's Pretax Margin %, along with its competitors' market caps and Pretax 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.

McGrath's Pretax Margin % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, McGrath's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where McGrath's Pretax Margin % falls into.

McGrath Pretax Margin % Calculation

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

McGrath's Pretax Margin for the fiscal year that ended in Jun. 2023 is calculated as

Pretax Margin	=	Pre-Tax Income (A: Jun. 2023 )	/	Revenue (A: Jun. 2023 )
	=	7.8	/	82.51
	=	9.45 %

McGrath's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin	=	Pre-Tax Income (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	8.835	/	40.716
	=	21.70 %

McGrath (ASX:MEA) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.

McGrath Pretax Margin % Related Terms

Thank you for viewing the detailed overview of McGrath's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.

McGrath (ASX:MEA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » McGrath Ltd (ASX:MEA) » Definitions » Pretax Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

55 Pyrmont Street, Pyrmont, NSW, AUS, 2009

Website

https://www.mcgrath.com.au

McGrath Ltd is a real estate company. It provides a range of services including residential property sales, property management, mortgage broking, auction services, and career training. It operates in the following segments: Company owned sales; Company owned property management; Franchise services; and Other. Geographically, all the business activities of the group function through Australia. The majority of its revenue gets derived from Company owned sales segment that comprises company-owned sales offices for which McGrath earns sales commission revenue including property marketing fees paid by vendor clients.

McGrath (ASX:MEA) Headlines

No Headlines