Tokaido REIT (TSE:2989) Pretax Margin % : 50.17% (As of Jul. 2023)

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What is Tokaido REIT Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Tokaido REIT's Pre-Tax Income for the six months ended in Jul. 2023 was 円811 Mil. Tokaido REIT's Revenue for the six months ended in Jul. 2023 was 円1,617 Mil. Therefore, Tokaido REIT's pretax margin for the quarter that ended in Jul. 2023 was 50.17%.

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

TSE:2989' s Pretax Margin % Range Over the Past 10 Years
Min: 32.32 Med: 41.12 Max: 49.92
Current: 49.88

TSE:2989's Pretax Margin % is ranked better than
65.78% of 789 companies
in the REITs industry
Industry Median: 33.07 vs TSE:2989: 49.88

Tokaido REIT Pretax Margin % Historical Data

The historical data trend for Tokaido 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.

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Tokaido REIT Pretax Margin % Chart

Tokaido REIT Annual Data

Trend

Jul21

Jan22

Jul23

Pretax Margin %

32.32

49.92

Tokaido REIT Semi-Annual Data
	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24
Pretax Margin %	Get a 7-Day Free Trial			58.06	50.27	49.56	50.17	49.59

Competitive Comparison of Tokaido REIT's Pretax Margin %

For the REIT - Diversified subindustry, Tokaido 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.

Tokaido REIT's Pretax Margin % Distribution in the REITs Industry

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

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

Tokaido 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.

Tokaido REIT's Pretax Margin for the fiscal year that ended in Jul. 2023 is calculated as

Pretax Margin	=	Pre-Tax Income (A: Jul. 2023 )	/	Revenue (A: Jul. 2023 )
	=	1379.82	/	2764.288
	=	49.92 %

Tokaido REIT's Pretax Margin for the quarter that ended in Jul. 2023 is calculated as

Pretax Margin	=	Pre-Tax Income (Q: Jul. 2023 )	/	Revenue (Q: Jul. 2023 )
	=	811.225	/	1616.963
	=	50.17 %

Tokaido REIT (TSE:2989) 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.

Tokaido REIT Pretax Margin % Related Terms

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Tokaido REIT (TSE:2989) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Tokaido REIT Inc (TSE:2989) » Definitions » Pretax Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-14-3 Nagatacho, Chiyoda-ku, Tokyo, JPN, 100-0014

Website

Tokaido REIT Inc is a real estate investment trust that focuses on the Tokaido area, mainly Shizuoka, Aichi, and Mie prefectures. Its Investment targets are divided into two types including "Industrial infrastructure assets" targeting logistics facilities and office buildings, and "Living infrastructure assets" for residential and commercial facilities.

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