Western Asset Highome Fund II (Western Asset Highome Fund II) Pretax Margin % : 117.32% (As of Oct. 2023)

Western Asset Highome Fund II Pretax Margin % Chart

Western Asset Highome Fund II Semi-Annual Data
	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
Pretax Margin %	Get a 7-Day Free Trial								96.45	100.54	101.14	96.39	117.32

Competitive Comparison of Western Asset Highome Fund II's Pretax Margin %

For the Asset Management subindustry, Western Asset Highome Fund II'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.

Western Asset Highome Fund II's Pretax Margin % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Western Asset Highome Fund II's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Western Asset Highome Fund II's Pretax Margin % falls into.

Western Asset Highome Fund II 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.

Western Asset Highome Fund II's Pretax Margin for the fiscal year that ended in Apr. 2023 is calculated as

Western Asset Highome Fund II's Pretax Margin for the quarter that ended in Oct. 2023 is calculated as

* 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.

Western Asset Highome Fund II  (NYSE:HIX) 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.

Western Asset Highome Fund II Pretax Margin % Related Terms

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Western Asset Highome Fund II (Western Asset Highome Fund II) Business Description