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Downing Renewables & Infrastructure Trust (LSE:DORE) Pretax Margin % : 95.31% (As of Dec. 2023)


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What is Downing Renewables & Infrastructure Trust Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Downing Renewables & Infrastructure Trust's Pre-Tax Income for the six months ended in Dec. 2023 was £3.17 Mil. Downing Renewables & Infrastructure Trust's Revenue for the six months ended in Dec. 2023 was £3.32 Mil. Therefore, Downing Renewables & Infrastructure Trust's pretax margin for the quarter that ended in Dec. 2023 was 95.31%.

The historical rank and industry rank for Downing Renewables & Infrastructure Trust's Pretax Margin % or its related term are showing as below:

LSE:DORE' s Pretax Margin % Range Over the Past 10 Years
Min: 93.18   Med: 97.94   Max: 98.1
Current: 98.1


LSE:DORE's Pretax Margin % is ranked better than
69.72% of 1658 companies
in the Asset Management industry
Industry Median: 90.52 vs LSE:DORE: 98.10

Downing Renewables & Infrastructure Trust Pretax Margin % Historical Data

The historical data trend for Downing Renewables & Infrastructure 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.

Downing Renewables & Infrastructure Trust Pretax Margin % Chart

Downing Renewables & Infrastructure Trust Annual Data
Trend Dec21 Dec22 Dec23
Pretax Margin %
93.18 97.94 98.10

Downing Renewables & Infrastructure Trust Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23
Pretax Margin % - 98.65 96.20 100.59 95.31

Competitive Comparison of Downing Renewables & Infrastructure Trust's Pretax Margin %

For the Asset Management subindustry, Downing Renewables & Infrastructure 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.


Downing Renewables & Infrastructure Trust's Pretax Margin % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Downing Renewables & Infrastructure Trust's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Downing Renewables & Infrastructure Trust's Pretax Margin % falls into.



Downing Renewables & Infrastructure 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.

Downing Renewables & Infrastructure Trust'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 )
=6.924/7.058
=98.10 %

Downing Renewables & Infrastructure Trust'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 )
=3.168/3.324
=95.31 %

* 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.


Downing Renewables & Infrastructure Trust  (LSE:DORE) 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.


Downing Renewables & Infrastructure Trust Pretax Margin % Related Terms

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Downing Renewables & Infrastructure Trust (LSE:DORE) Business Description

Traded in Other Exchanges
N/A
Address
65 Gresham Street, 6th Floor, London, GBR, EC2V 7NQ
Downing Renewables & Infrastructure Trust PLC is an asset management company. The company's investment objective is to provide investors with an attractive and sustainable level of income returns, with an element of capital growth, by investing in a diversified portfolio of renewable energy and infrastructure assets in the UK, Ireland and Northern Europe.

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