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Target Healthcare REIT (LSE:THRL) Pretax Margin % : 92.50% (As of Dec. 2023)


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What is Target Healthcare REIT Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Target Healthcare REIT's Pre-Tax Income for the six months ended in Dec. 2023 was £30.76 Mil. Target Healthcare REIT's Revenue for the six months ended in Dec. 2023 was £33.26 Mil. Therefore, Target Healthcare REIT's pretax margin for the quarter that ended in Dec. 2023 was 92.50%.

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

LSE:THRL' s Pretax Margin % Range Over the Past 10 Years
Min: 83.55   Med: 89.85   Max: 338.59
Current: 92.18


LSE:THRL's Pretax Margin % is ranked better than
82.36% of 788 companies
in the REITs industry
Industry Median: 33.16 vs LSE:THRL: 92.18

Target Healthcare REIT Pretax Margin % Historical Data

The historical data trend for Target Healthcare REIT'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.

Target Healthcare REIT Pretax Margin % Chart

Target Healthcare REIT Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 89.85 83.55 86.55 87.58 338.59

Target Healthcare REIT Semi-Annual Data
Jul13 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 86.64 88.17 106.79 91.83 92.50

Competitive Comparison of Target Healthcare REIT's Pretax Margin %

For the REIT - Healthcare Facilities subindustry, Target Healthcare REIT'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.


Target Healthcare REIT's Pretax Margin % Distribution in the REITs Industry

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

* The bar in red indicates where Target Healthcare REIT's Pretax Margin % falls into.



Target Healthcare REIT 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.

Target Healthcare REIT's Pretax Margin for the fiscal year that ended in Jun. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Jun. 2023 )/Revenue (A: Jun. 2023 )
=-6.572/-1.941
=338.59 %

Target Healthcare REIT'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 )
=30.761/33.255
=92.50 %

* 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.


Target Healthcare REIT  (LSE:THRL) 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.


Target Healthcare REIT Pretax Margin % Related Terms

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Target Healthcare REIT (LSE:THRL) Business Description

Traded in Other Exchanges
Address
69 Old Broad Street, Level 4, Dashwood House, London, GBR, EC2M 1QS
Target Healthcare REIT PLC is a closed-ended investment company, which acts as a long-term investor in care homes in the UK. The investment objective of the company is to provide shareholders with an attractive level of income together with the potential for capital and income growth from investing in a diversified portfolio of freehold and long-leasehold care homes. The company pursues its objective by investing in a portfolio of care homes, in the United Kingdom, that are let to care home operators on repairing and insuring leases.

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