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Franklin Universal Trust (Franklin Universal Trust) Pretax Margin % : 95.06% (As of Feb. 2024)


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What is Franklin Universal Trust Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Franklin Universal Trust's Pre-Tax Income for the six months ended in Feb. 2024 was $7.80 Mil. Franklin Universal Trust's Revenue for the six months ended in Feb. 2024 was $8.21 Mil. Therefore, Franklin Universal Trust's pretax margin for the quarter that ended in Feb. 2024 was 95.06%.

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

FT' s Pretax Margin % Range Over the Past 10 Years
Min: 92.24   Med: 98.76   Max: 160.21
Current: 93.03


FT's Pretax Margin % is ranked better than
53.12% of 1666 companies
in the Asset Management industry
Industry Median: 90.905 vs FT: 93.03

Franklin Universal Trust Pretax Margin % Historical Data

The historical data trend for Franklin Universal Trust'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.

Franklin Universal Trust Pretax Margin % Chart

Franklin Universal Trust Annual Data
Trend Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Pretax Margin %
Get a 7-Day Free Trial 98.29 160.21 97.62 113.24 127.59

Franklin Universal Trust Semi-Annual Data
Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24
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 125.33 109.50 106.09 88.50 95.06

Competitive Comparison of Franklin Universal Trust's Pretax Margin %

For the Asset Management subindustry, Franklin Universal Trust'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.


Franklin Universal Trust's Pretax Margin % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Franklin Universal Trust's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Franklin Universal Trust's Pretax Margin % falls into.



Franklin Universal Trust 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.

Franklin Universal Trust's Pretax Margin for the fiscal year that ended in Aug. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Aug. 2023 )/Revenue (A: Aug. 2023 )
=-3.838/-3.008
=127.59 %

Franklin Universal Trust's Pretax Margin for the quarter that ended in Feb. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Feb. 2024 )/Revenue (Q: Feb. 2024 )
=7.801/8.206
=95.06 %

* 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.


Franklin Universal Trust  (NYSE:FT) 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.


Franklin Universal Trust Pretax Margin % Related Terms

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Franklin Universal Trust (Franklin Universal Trust) Business Description

Traded in Other Exchanges
N/A
Address
One Franklin Parkway, San Mateo, CA, USA, 94403-1906
Franklin Universal Trust is a closed-end management investment company. Its primary investment objective is to provide high, current income consistent with the preservation of capital. Its secondary objective is the growth of income through dividend increases and capital appreciation. The fund invests in two asset classes being the high yield bonds and utility stocks.
Executives
Metlife Investment Management, Llc 10 percent owner ONE METLIFE WAY, WHIPPANY NJ 07981
Christine M. Debevec officer: VP & Assistant Secretary ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
Ted P Becker officer: Chief Compliance Officer 399 PARK AVENUE, 4TH FLOOR, NEW YORK NY 10022
George P. Hoyt officer: VP & Assistant Secretary C/O FRANKLIN TEMPLETON, 100 FIRST STAMFORD PLACE, STAMFORD CT 06902
Oliveira Marc De officer: VP & Assistant Secretary C/O LEGG MASON & CO. LLC, ONE FIRST STAMFORD PLACE, STAMFORD CT 06902
Alexander Kymn officer: VP & Assistant Secretary WELLS FARGO BANK, 45 FREMONT STREET, 26TH FLOOR, SAN FRANCISCO CA 94105
Harris Goldblat officer: VP & Assistant Secretary ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
Tara E. Gormel officer: VP & Assistant Secretary ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
J Michael Luttig other: Trustee C/O THE BOEING COMPANY, 100 NORTH RIVERSIDE PLAZA, CHICAGO IL 60606-1596
Christopher Kings officer: CFO, CAO and Treasurer ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
Jeffrey White officer: Interim CFO, CAO and Treasurer 3355 DATA DRIVE, RANCHO CORDOVA CA 95670
Susan Kerr officer: VP - AML Compliance 280 PARK AVENUE, NEW YORK NY 10017
Valerie Williams other: Trustee C/O OMNICOM GROUP INC., 280 PARK AVENUE, NEW YORK NY 10017
Robert Kubilis officer: CFO, CAO and Treasurer FRANKLIN TEMPLETON INVESTMENTS, 300 S.E. 2ND STREET, FORT LAUDERDALE FL 33301-1923
Sonal Desai officer: Pres. & CEO - Invest. Mgmt. ONE FRANKLIN PARKWAY, SMO-920/3, SAN MATEO CA 94403