BNY Mellon Strategic Municipals, (BNY Mellon Strategic Municipals,) Pretax Margin % : 99.97% (As of Sep. 2023)

BNY Mellon Strategic Municipals, Pretax Margin % Chart

BNY Mellon Strategic Municipals, Semi-Annual Data
	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Pretax Margin %	Get a 7-Day Free Trial								100.01	100.04	100.03	99.87	99.97

Competitive Comparison of BNY Mellon Strategic Municipals,'s Pretax Margin %

For the Asset Management subindustry, BNY Mellon Strategic Municipals,'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.

BNY Mellon Strategic Municipals,'s Pretax Margin % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, BNY Mellon Strategic Municipals,'s Pretax Margin % distribution charts can be found below:

* The bar in red indicates where BNY Mellon Strategic Municipals,'s Pretax Margin % falls into.

BNY Mellon Strategic Municipals, 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.

BNY Mellon Strategic Municipals,'s Pretax Margin for the fiscal year that ended in Sep. 2023 is calculated as

BNY Mellon Strategic Municipals,'s Pretax Margin for the quarter that ended in Sep. 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.

BNY Mellon Strategic Municipals,  (NYSE:LEO) 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.

BNY Mellon Strategic Municipals, Pretax Margin % Related Terms

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BNY Mellon Strategic Municipals, (BNY Mellon Strategic Municipals,) Business Description