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Equity Commonwealth (Equity Commonwealth) Pretax Margin % : 167.79% (As of Mar. 2024)


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What is Equity Commonwealth Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Equity Commonwealth's Pre-Tax Income for the three months ended in Mar. 2024 was $25.49 Mil. Equity Commonwealth's Revenue for the three months ended in Mar. 2024 was $15.19 Mil. Therefore, Equity Commonwealth's pretax margin for the quarter that ended in Mar. 2024 was 167.79%.

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

EQC' s Pretax Margin % Range Over the Past 10 Years
Min: -28.12   Med: 53.27   Max: 682.49
Current: 157.92


EQC's Pretax Margin % is ranked better than
92.4% of 789 companies
in the REITs industry
Industry Median: 33.25 vs EQC: 157.92

Equity Commonwealth Pretax Margin % Historical Data

The historical data trend for Equity Commonwealth'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.

Equity Commonwealth Pretax Margin % Chart

Equity Commonwealth 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 386.51 682.49 -28.12 59.88 154.17

Equity Commonwealth 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 153.00 114.00 172.64 175.53 167.79

Competitive Comparison of Equity Commonwealth's Pretax Margin %

For the REIT - Office subindustry, Equity Commonwealth'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.


Equity Commonwealth's Pretax Margin % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Equity Commonwealth's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Equity Commonwealth's Pretax Margin % falls into.



Equity Commonwealth 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.

Equity Commonwealth'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 )
=93.311/60.524
=154.17 %

Equity Commonwealth'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 )
=25.488/15.19
=167.79 %

* 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.


Equity Commonwealth  (NYSE:EQC) 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.


Equity Commonwealth Pretax Margin % Related Terms

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Equity Commonwealth (Equity Commonwealth) Business Description

Traded in Other Exchanges
Address
Two North Riverside Plaza, Suite 2100, Chicago, IL, USA, 60606
Equity Commonwealth is a real estate investment trust engaged in the acquisition, ownership, and operation of primarily office buildings located throughout the United States. The vast majority of the company's real estate portfolio comprises office assets. These properties are fairly evenly dispersed between many of America's major urban markets, notably Washington, Austin, and Denver. Equity Commonwealth derives the vast majority of its income in the form of rental revenue from tenants occupying its offices. The company's largest tenants in terms of revenue generation include a variety of hiking, household goods, publishing, and financial firms.
Executives
Orrin S Shifrin officer: EVP, Gen. Counsel & Secretary CWH MANAGEMENT LLC, 2 N RIVERSIDE PLAZA, SUITE 600, CHICAGO IL 60606
Andrew Levy officer: SVP & Chief Accounting Officer C/O EQUITY COMMONWEALTH, TWO NORTH RIVERSIDE PLAZA, SUITE 2100, CHICAGO IL 60606
William H Griffiths officer: SVP, CFO & Treasurer C/O EQUITY COMMONWEALTH, TWO NORTH RIVERSIDE PLAZA, SUITE 2100, CHICAGO IL 60606
Ellen-blair Chube director 150 N. RIVERSIDE PLAZA, CHICAGO IL 60606
Gerald A Spector director C/O EQUITY RESIDENTIAL, TWO NORTH RIVERSIDE PLAZA, SUITE 400, CHICAGO IL 60606
Adam Scott Markman officer: EVP, CFO & Treasurer TWO NORTH RIVERSIDE PLAZA, SUITE 600, CHICAGO IL 60606
Lozier James Lloyd Jr director 4616 DORSET RD, DALLAS TX 75229
David Helfand director, officer: President & CEO C/O MANUFACTURED HOME COMMUNITIES INC, 2 N RIVERSIDE PLAZA #800, CHICAGO IL 60606
Jeffrey Douglas Brown officer: SVP & Chief Accounting Officer 3726 AVALON TRAIL, LEBANON OH 45036
David S Weinberg officer: EVP & Chief Operating Officer CWH MANAGEMENT LLC, TWO NORTH RIVERSIDE PLAZA, SUITE 600, CHICAGO IL 60606
Samuel Zell director, other: Chairman of the Board TWO N RIVERSIDE PLAZA, SUITE 600, CHICAGO IL 60606
Peter Linneman director 1696 N E MIAMI GARDENS DR, N MIAMI BEACH FL 33179
James A Star director
James Scott Corl director C/O COHEN & STEERS, INC, 280 PARK AVENUE, NEW YORK NY 10017
Martin L Edelman director C/O PAUL HASTINGS JANOFSKY & WALKER LLP, 75 EAST 55TH STREET, NEW YORK NY 10022

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