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Daiwa Securities Group (STU:DSE) Pretax Margin % : 21.31% (As of Dec. 2023)


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What is Daiwa Securities Group Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Daiwa Securities Group's Pre-Tax Income for the three months ended in Dec. 2023 was €268 Mil. Daiwa Securities Group's Revenue for the three months ended in Dec. 2023 was €1,255 Mil. Therefore, Daiwa Securities Group's pretax margin for the quarter that ended in Dec. 2023 was 21.31%.

The historical rank and industry rank for Daiwa Securities Group's Pretax Margin % or its related term are showing as below:

STU:DSE' s Pretax Margin % Range Over the Past 10 Years
Min: 15.96   Med: 25.01   Max: 30.92
Current: 23.29


STU:DSE's Pretax Margin % is ranked better than
55.38% of 780 companies
in the Capital Markets industry
Industry Median: 19.075 vs STU:DSE: 23.29

Daiwa Securities Group Pretax Margin % Historical Data

The historical data trend for Daiwa Securities Group'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.

Daiwa Securities Group Pretax Margin % Chart

Daiwa Securities Group Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.85 27.43 24.18 15.96 23.28

Daiwa Securities Group 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 14.65 23.07 24.40 21.31 24.23

Competitive Comparison of Daiwa Securities Group's Pretax Margin %

For the Capital Markets subindustry, Daiwa Securities Group'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.


Daiwa Securities Group's Pretax Margin % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Daiwa Securities Group's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Daiwa Securities Group's Pretax Margin % falls into.



Daiwa Securities Group 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.

Daiwa Securities Group's Pretax Margin for the fiscal year that ended in Mar. 2024 is calculated as

Pretax Margin=Pre-Tax Income (A: Mar. 2024 )/Revenue (A: Mar. 2024 )
=1105.318/4746.918
=23.28 %

Daiwa Securities Group's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=267.537/1255.381
=21.31 %

* 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.


Daiwa Securities Group  (STU:DSE) 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.


Daiwa Securities Group Pretax Margin % Related Terms

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Daiwa Securities Group (STU:DSE) Business Description

Traded in Other Exchanges
Address
GranTokyo North Tower, 9-1, Marunouchi 1-chome, Chiyoda-ku, Tokyo, JPN, 100-6751
Together with industry leader Nomura, Daiwa Securities is one of two large independent securities firms in Japan. Like Nomura, it competes with brokerage units of the megabanks and smaller independent firms in Japan, but unlike Nomura it does not have aspiration to compete globally with the major U.S. and European investment banks and focuses on Japan-related business only. Daiwa moved its global wholesale business to a joint venture with Sumitomo Bank in 1999, but the venture met only mixed success and Daiwa ultimately bought out Sumitomo Mitsui Financial Group's 40% interest in the venture in 2009 after SMFG opportunistically purchased Nikko Securities (now SMBC Nikko, a rival of Daiwa) from Citigroup.