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Genesis Land Development (Genesis Land Development) Pretax Margin % : 13.20% (As of Mar. 2024)


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What is Genesis Land Development Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Genesis Land Development's Pre-Tax Income for the three months ended in Mar. 2024 was $6.7 Mil. Genesis Land Development's Revenue for the three months ended in Mar. 2024 was $50.5 Mil. Therefore, Genesis Land Development's pretax margin for the quarter that ended in Mar. 2024 was 13.20%.

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

GNLAF' s Pretax Margin % Range Over the Past 10 Years
Min: -0.24   Med: 7.7   Max: 23.2
Current: 11.47


GNLAF's Pretax Margin % is ranked better than
54.73% of 1776 companies
in the Real Estate industry
Industry Median: 8.73 vs GNLAF: 11.47

Genesis Land Development Pretax Margin % Historical Data

The historical data trend for Genesis Land Development'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.

Genesis Land Development Pretax Margin % Chart

Genesis Land Development Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.59 -0.24 13.08 4.29 8.96

Genesis Land Development Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.00 9.26 6.83 14.12 13.20

Competitive Comparison of Genesis Land Development's Pretax Margin %

For the Real Estate - Development subindustry, Genesis Land Development'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.


Genesis Land Development's Pretax Margin % Distribution in the Real Estate Industry

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

* The bar in red indicates where Genesis Land Development's Pretax Margin % falls into.



Genesis Land Development 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.

Genesis Land Development'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 )
=13.585/151.544
=8.96 %

Genesis Land Development'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 )
=6.659/50.462
=13.20 %

* 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.


Genesis Land Development  (OTCPK:GNLAF) 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.


Genesis Land Development Pretax Margin % Related Terms

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Genesis Land Development (Genesis Land Development) Business Description

Traded in Other Exchanges
Address
6240, 333 - 96 Avenue NE, Calgary, AB, CAN, T3K 0S3
Genesis Land Development Corp is a Canada-based land developer and home builder. The company is engaged in the acquisition, development, and sale of land, residential lots, and homes mainly in the greater Calgary area. The company has two business segments: Land development and Homebuilding. It earns the majority of its revenue from the home building segment.

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