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Witan Investment Trust (LSE:WTAN) Pretax Margin % : 96.03% (As of Dec. 2023)


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What is Witan Investment Trust Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Witan Investment Trust's Pre-Tax Income for the six months ended in Dec. 2023 was £59.8 Mil. Witan Investment Trust's Revenue for the six months ended in Dec. 2023 was £62.3 Mil. Therefore, Witan Investment Trust's pretax margin for the quarter that ended in Dec. 2023 was 96.03%.

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

LSE:WTAN' s Pretax Margin % Range Over the Past 10 Years
Min: 63.85   Med: 98.15   Max: 103.81
Current: 97.15


LSE:WTAN's Pretax Margin % is ranked better than
64.99% of 1671 companies
in the Asset Management industry
Industry Median: 90.47 vs LSE:WTAN: 97.15

Witan Investment Trust Pretax Margin % Historical Data

The historical data trend for Witan Investment 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.

Witan Investment Trust Pretax Margin % Chart

Witan Investment Trust 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 98.26 63.85 98.23 101.94 97.15

Witan Investment Trust Semi-Annual Data
Jun14 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 96.38 100.90 95.24 97.70 96.03

Competitive Comparison of Witan Investment Trust's Pretax Margin %

For the Asset Management subindustry, Witan Investment 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.


Witan Investment Trust's Pretax Margin % Distribution in the Asset Management Industry

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

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



Witan Investment 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.

Witan Investment 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 )
=184.192/189.597
=97.15 %

Witan Investment 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 )
=59.787/62.26
=96.03 %

* 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.


Witan Investment Trust  (LSE:WTAN) 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.


Witan Investment Trust Pretax Margin % Related Terms

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Witan Investment Trust (LSE:WTAN) Business Description

Traded in Other Exchanges
Address
14 Queen Anne's Gate, London, GBR, SW1H 9AA
Witan Investment Trust PLC is a United Kingdom-based closed-end investment trust. The company's objective is to achieve long-term growth in income and capital through active multi-manager investment in global equities. Its operating segments include Investment Trust and Management services. The company derives the maximum revenue from the Investment Trust segment. Geographically, investment of the trust can be seen across the region of United Kingdom, North America, Continental Europe, Japan, Asia-Pacific, Latin America, and others of which majority of revenue is derived from United Kingdom region.

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