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Polar Capital Global Financials Trust (LSE:PCFT) Pretax Margin % : 98.12% (As of Nov. 2023)


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What is Polar Capital Global Financials Trust Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Polar Capital Global Financials Trust's Pre-Tax Income for the six months ended in Nov. 2023 was £28.01 Mil. Polar Capital Global Financials Trust's Revenue for the six months ended in Nov. 2023 was £28.55 Mil. Therefore, Polar Capital Global Financials Trust's pretax margin for the quarter that ended in Nov. 2023 was 98.12%.

The historical rank and industry rank for Polar Capital Global Financials Trust's Pretax Margin % or its related term are showing as below:

LSE:PCFT' s Pretax Margin % Range Over the Past 10 Years
Min: 85.3   Med: 98.11   Max: 121.03
Current: 106.82


LSE:PCFT's Pretax Margin % is ranked better than
85.5% of 1662 companies
in the Asset Management industry
Industry Median: 90.98 vs LSE:PCFT: 106.82

Polar Capital Global Financials Trust Pretax Margin % Historical Data

The historical data trend for Polar Capital Global Financials 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.

Polar Capital Global Financials Trust Pretax Margin % Chart

Polar Capital Global Financials Trust Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 97.64 101.49 95.48 85.30 106.82

Polar Capital Global Financials Trust Semi-Annual Data
May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
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 87.21 102.66 96.87 100.89 98.12

Competitive Comparison of Polar Capital Global Financials Trust's Pretax Margin %

For the Asset Management subindustry, Polar Capital Global Financials 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.


Polar Capital Global Financials Trust's Pretax Margin % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Polar Capital Global Financials Trust's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Polar Capital Global Financials Trust's Pretax Margin % falls into.



Polar Capital Global Financials 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.

Polar Capital Global Financials Trust's Pretax Margin for the fiscal year that ended in Nov. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Nov. 2023 )/Revenue (A: Nov. 2023 )
=-14.234/-13.325
=106.82 %

Polar Capital Global Financials Trust's Pretax Margin for the quarter that ended in Nov. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Nov. 2023 )/Revenue (Q: Nov. 2023 )
=28.007/28.545
=98.12 %

* 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.


Polar Capital Global Financials Trust  (LSE:PCFT) 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.


Polar Capital Global Financials Trust Pretax Margin % Related Terms

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Polar Capital Global Financials Trust (LSE:PCFT) Business Description

Traded in Other Exchanges
Address
16 Palace Street, London, GBR, SW1E 5JD
Polar Capital Global Financials Trust PLC is an asset management firm based in the United Kingdom. Its core objective is to provide its investors with a growing dividend income with capital appreciation. To achieve this, the company invests in listed or quoted securities issued by companies in the financial sector operating in the banking, insurance, property, and other subsectors. Its portfolio entails equities, index-linked and other debt securities, cash deposits, money market instruments, foreign currency exchange transactions, forward transactions, index options, and other instruments, including derivatives. It has a diversified portfolio of investments in different geographical regions such as North America, Europe, Asia, the United Kingdom, Latin America, Japan, and East Europe.

Polar Capital Global Financials Trust (LSE:PCFT) Headlines

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