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Hoshino Resorts REIT (TSE:3287) Pretax Margin % : 37.34% (As of Apr. 2023)


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What is Hoshino Resorts REIT Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Hoshino Resorts REIT's Pre-Tax Income for the six months ended in Apr. 2023 was 円2,340 Mil. Hoshino Resorts REIT's Revenue for the six months ended in Apr. 2023 was 円6,266 Mil. Therefore, Hoshino Resorts REIT's pretax margin for the quarter that ended in Apr. 2023 was 37.34%.

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

TSE:3287' s Pretax Margin % Range Over the Past 10 Years
Min: 30.52   Med: 45.33   Max: 48.31
Current: 35.45


TSE:3287's Pretax Margin % is ranked better than
51.27% of 788 companies
in the REITs industry
Industry Median: 33.315 vs TSE:3287: 35.45

Hoshino Resorts REIT Pretax Margin % Historical Data

The historical data trend for Hoshino Resorts 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.

Hoshino Resorts REIT Pretax Margin % Chart

Hoshino Resorts REIT Annual Data
Trend Oct13 Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 48.19 48.31 47.67 30.52 32.96

Hoshino Resorts REIT Semi-Annual Data
Oct13 Apr14 Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23
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 31.95 29.17 32.44 33.43 37.34

Competitive Comparison of Hoshino Resorts REIT's Pretax Margin %

For the REIT - Hotel & Motel subindustry, Hoshino Resorts 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.


Hoshino Resorts REIT's Pretax Margin % Distribution in the REITs Industry

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

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



Hoshino Resorts 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.

Hoshino Resorts REIT's Pretax Margin for the fiscal year that ended in Oct. 2022 is calculated as

Pretax Margin=Pre-Tax Income (A: Oct. 2022 )/Revenue (A: Oct. 2022 )
=3731.058/11320.965
=32.96 %

Hoshino Resorts REIT's Pretax Margin for the quarter that ended in Apr. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Apr. 2023 )/Revenue (Q: Apr. 2023 )
=2339.963/6266.299
=37.34 %

* 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.


Hoshino Resorts REIT  (TSE:3287) 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.


Hoshino Resorts REIT Pretax Margin % Related Terms

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Hoshino Resorts REIT (TSE:3287) Business Description

Traded in Other Exchanges
N/A
Address
2-14-4 Hattsuchoubori, Chuo-Ku, Tokyo, JPN, 104-0032
Hoshino Resorts REIT Inc is a closed-end real estate investment trust company. It aims to achieve stable earnings and sustainable growth of its investment assets, by investing in hotels, Japanese-Style Inns, and related facilities.

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