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Virgin Money UK (Virgin Money UK) Pretax Margin % : 11.94% (As of Sep. 2023)


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What is Virgin Money UK Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Virgin Money UK's Pre-Tax Income for the six months ended in Sep. 2023 was $135 Mil. Virgin Money UK's Revenue for the six months ended in Sep. 2023 was $1,130 Mil. Therefore, Virgin Money UK's pretax margin for the quarter that ended in Sep. 2023 was 11.94%.

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

CBBYF' s Pretax Margin % Range Over the Past 10 Years
Min: -29.5   Med: -1.91   Max: 34.59
Current: 18.88


CBBYF's Pretax Margin % is ranked worse than
79.04% of 1455 companies
in the Banks industry
Industry Median: 32.88 vs CBBYF: 18.88

Virgin Money UK Pretax Margin % Historical Data

The historical data trend for Virgin Money UK'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.

Virgin Money UK Pretax Margin % Chart

Virgin Money UK Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -13.53 -11.59 27.91 34.59 18.88

Virgin Money UK Semi-Annual Data
Sep13 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Pretax Margin % 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 43.40 37.10 32.15 25.82 11.94

Competitive Comparison of Virgin Money UK's Pretax Margin %

For the Banks - Regional subindustry, Virgin Money UK'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.


Virgin Money UK's Pretax Margin % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Virgin Money UK's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Virgin Money UK's Pretax Margin % falls into.



Virgin Money UK 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.

Virgin Money UK's Pretax Margin for the fiscal year that ended in Sep. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Sep. 2023 )/Revenue (A: Sep. 2023 )
=426.98/2261.139
=18.88 %

Virgin Money UK's Pretax Margin for the quarter that ended in Sep. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Sep. 2023 )/Revenue (Q: Sep. 2023 )
=134.901/1129.95
=11.94 %

* 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.


Virgin Money UK  (OTCPK:CBBYF) 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.


Virgin Money UK Pretax Margin % Related Terms

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Virgin Money UK (Virgin Money UK) Business Description

Address
177 Bothwell Street, Glasgow, GBR, G2 7ER
Virgin Money UK was formed through the merger between CYBG PLC and Virgin Money. After being divested by National Australia Bank in 2016, CYBG went through a restructuring and recapitalization process, with mortgages accounting for around 75% of its loan book. Following CYBG's merger with Virgin Money, the loan book has been reshaped again, with mortgages now accounting for 79% of total loans, personal loans around 9%, and SME and business loans around 12%.