SoFi Technologies (SoFi Technologies) Pretax Margin % : % (As of Jul. 2020)

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What is SoFi Technologies Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. SoFi Technologies's Pre-Tax Income for the six months ended in Jul. 2020 was $0.00 Mil. SoFi Technologies's Revenue for the six months ended in Jul. 2020 was $0.00 Mil. Therefore, SoFi Technologies's pretax margin for the quarter that ended in Jul. 2020 was %.

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

SOFI's Pretax Margin % is not ranked ^*
in the Credit Services industry.
Industry Median: 20.87
* Ranked among companies with meaningful Pretax Margin % only.

SoFi Technologies Pretax Margin % Historical Data

The historical data trend for SoFi Technologies'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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SoFi Technologies Pretax Margin % Chart

SoFi Technologies Annual Data

Trend

Dec20

Pretax Margin %

SoFi Technologies Semi-Annual Data
	Jul20
Pretax Margin %	-

Competitive Comparison of SoFi Technologies's Pretax Margin %

For the Credit Services subindustry, SoFi Technologies'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.

SoFi Technologies's Pretax Margin % Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, SoFi Technologies's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where SoFi Technologies's Pretax Margin % falls into.

SoFi Technologies 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.

SoFi Technologies's Pretax Margin for the fiscal year that ended in . 20 is calculated as

Pretax Margin	=	Pre-Tax Income (A: . 20 )	/	Revenue (A: . 20 )
	=		/
	=	%

SoFi Technologies's Pretax Margin for the quarter that ended in Jul. 2020 is calculated as

Pretax Margin	=	Pre-Tax Income (Q: Jul. 2020 )	/	Revenue (Q: Jul. 2020 )
	=	0	/	0
	=	%

SoFi Technologies (NAS:SOFI) 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.

SoFi Technologies Pretax Margin % Related Terms

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SoFi Technologies (SoFi Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » SoFi Technologies Inc (NAS:SOFI) » Definitions » Pretax Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

317 University Avenue, Suite 200, Palo Alto, CA, USA, 94301

Website

https://www.sofi.com

SoFi Technologies Inc helps people achieve financial independence to realize their ambitions. Its products include SoFi Money, SoFi Invest, Student Loan Refinancing, Private Student Loans, Personal Loans, Home Loans, SoFi Relay, SoFi Protect among others. The company's product gives over two million members fast access to tools to get their money right. SoFi membership comes with the key essentials for getting ahead, including career advisors and connection to a thriving community of like-minded, ambitious people.