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Mercantile Investment Trust (The) (LSE:MRC) Pretax Margin % : 98.97% (As of Jan. 2024)


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What is Mercantile Investment Trust (The) Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Mercantile Investment Trust (The)'s Pre-Tax Income for the six months ended in Jan. 2024 was £83.87 Mil. Mercantile Investment Trust (The)'s Revenue for the six months ended in Jan. 2024 was £84.75 Mil. Therefore, Mercantile Investment Trust (The)'s pretax margin for the quarter that ended in Jan. 2024 was 98.97%.

The historical rank and industry rank for Mercantile Investment Trust (The)'s Pretax Margin % or its related term are showing as below:

LSE:MRC' s Pretax Margin % Range Over the Past 10 Years
Min: 97.85   Med: 99.56   Max: 101.07
Current: 97.85


LSE:MRC's Pretax Margin % is ranked better than
67.92% of 1671 companies
in the Asset Management industry
Industry Median: 90.47 vs LSE:MRC: 97.85

Mercantile Investment Trust (The) Pretax Margin % Historical Data

The historical data trend for Mercantile Investment Trust (The)'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.

Mercantile Investment Trust (The) Pretax Margin % Chart

Mercantile Investment Trust (The) Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 99.75 101.07 99.42 100.56 97.85

Mercantile Investment Trust (The) Semi-Annual Data
Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
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 100.32 100.22 94.44 110.14 98.97

Competitive Comparison of Mercantile Investment Trust (The)'s Pretax Margin %

For the Asset Management subindustry, Mercantile Investment Trust (The)'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.


Mercantile Investment Trust (The)'s Pretax Margin % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Mercantile Investment Trust (The)'s Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Mercantile Investment Trust (The)'s Pretax Margin % falls into.



Mercantile Investment Trust (The) 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.

Mercantile Investment Trust (The)'s Pretax Margin for the fiscal year that ended in Jan. 2024 is calculated as

Pretax Margin=Pre-Tax Income (A: Jan. 2024 )/Revenue (A: Jan. 2024 )
=75.349/77.007
=97.85 %

Mercantile Investment Trust (The)'s Pretax Margin for the quarter that ended in Jan. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Jan. 2024 )/Revenue (Q: Jan. 2024 )
=83.874/84.747
=98.97 %

* 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.


Mercantile Investment Trust (The)  (LSE:MRC) 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.


Mercantile Investment Trust (The) Pretax Margin % Related Terms

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Mercantile Investment Trust (The) (LSE:MRC) Business Description

Traded in Other Exchanges
Address
60 Victoria Embankment, London, GBR, EC4Y 0JP
Mercantile Investment Trust (The) PLC is an investment trust managed by JP Morgan Funds Limited. It aims to achieve capital growth through investing in a diversified portfolio of UK medium and smaller companies. The trust's investment portfolio consists of various sectors such as Consumer Services, Financials, Industrial, Technology, Health Care, Basic Materials, Telecommunications, Utilities, Consumer Goods, Real Estate, and Oil & Gas.