Dream Residential REIT (Dream Residential REIT) Pretax Margin % : 6.79% (As of Mar. 2024)

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What is Dream Residential REIT Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Dream Residential REIT's Pre-Tax Income for the three months ended in Mar. 2024 was $0.82 Mil. Dream Residential REIT's Revenue for the three months ended in Mar. 2024 was $12.01 Mil. Therefore, Dream Residential REIT's pretax margin for the quarter that ended in Mar. 2024 was 6.79%.

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

DRREF' s Pretax Margin % Range Over the Past 10 Years
Min: -31.22 Med: -31.22 Max: 49.32
Current: 49.32

DRREF's Pretax Margin % is ranked better than
64.47% of 788 companies
in the REITs industry
Industry Median: 33.16 vs DRREF: 49.32

Dream Residential REIT Pretax Margin % Historical Data

The historical data trend for Dream Residential REIT'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.

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Dream Residential REIT Pretax Margin % Chart

Dream Residential REIT Annual Data

Trend

Dec22

Dec23

Pretax Margin %

-31.22

Dream Residential REIT Quarterly Data
	Feb22	Jun22	Sep22	Dec22	Mar23	Jun23	Dec23	Mar24
Pretax Margin %	Get a 7-Day Free Trial			-	-93.38	92.05	-	6.79

Competitive Comparison of Dream Residential REIT's Pretax Margin %

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

Dream Residential REIT's Pretax Margin % Distribution in the REITs Industry

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

* The bar in red indicates where Dream Residential REIT's Pretax Margin % falls into.

Dream Residential REIT 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.

Dream Residential REIT's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Margin	=	Pre-Tax Income (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	-14.849	/	47.561
	=	-31.22 %

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

Pretax Margin	=	Pre-Tax Income (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	0.816	/	12.014
	=	6.79 %

Dream Residential REIT (OTCPK:DRREF) 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.

Dream Residential REIT Pretax Margin % 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 » Pretax Margin %

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.