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Kuwait Financial Centre-Markaz (KUW:MARKAZ) Pretax Margin % : 117.14% (As of Mar. 2024)


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What is Kuwait Financial Centre-Markaz Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Kuwait Financial Centre-Markaz's Pre-Tax Income for the three months ended in Mar. 2024 was KWD2.98 Mil. Kuwait Financial Centre-Markaz's Revenue for the three months ended in Mar. 2024 was KWD2.54 Mil. Therefore, Kuwait Financial Centre-Markaz's pretax margin for the quarter that ended in Mar. 2024 was 117.14%.

The historical rank and industry rank for Kuwait Financial Centre-Markaz's Pretax Margin % or its related term are showing as below:

KUW:MARKAZ' s Pretax Margin % Range Over the Past 10 Years
Min: -18.82   Med: 31.55   Max: 124.34
Current: 124.34


KUW:MARKAZ's Pretax Margin % is ranked better than
90.46% of 1667 companies
in the Asset Management industry
Industry Median: 90.83 vs KUW:MARKAZ: 124.34

Kuwait Financial Centre-Markaz Pretax Margin % Historical Data

The historical data trend for Kuwait Financial Centre-Markaz'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.

Kuwait Financial Centre-Markaz Pretax Margin % Chart

Kuwait Financial Centre-Markaz 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 53.53 -18.82 106.59 29.64 72.05

Kuwait Financial Centre-Markaz 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 -79.98 64.66 93.54 269.98 117.14

Competitive Comparison of Kuwait Financial Centre-Markaz's Pretax Margin %

For the Asset Management subindustry, Kuwait Financial Centre-Markaz'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.


Kuwait Financial Centre-Markaz's Pretax Margin % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Kuwait Financial Centre-Markaz's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Kuwait Financial Centre-Markaz's Pretax Margin % falls into.



Kuwait Financial Centre-Markaz 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.

Kuwait Financial Centre-Markaz'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 )
=9.279/12.879
=72.05 %

Kuwait Financial Centre-Markaz'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 )
=2.98/2.544
=117.14 %

* 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.


Kuwait Financial Centre-Markaz  (KUW:MARKAZ) 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.


Kuwait Financial Centre-Markaz Pretax Margin % Related Terms

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Kuwait Financial Centre-Markaz (KUW:MARKAZ) Business Description

Traded in Other Exchanges
N/A
Address
Ahmad Al Jaber Street, Universal Tower, Floor 3, P.O. Box 23444,, Safat, KWT, 13095
Kuwait Financial Centre-Markaz is a assets management company. It provides investment banking, Asset management, Real estate management, Wealth management and research.

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