GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Seritage Growth Properties (NYSE:SRG) » Definitions » Pretax Margin %

Seritage Growth Properties (Seritage Growth Properties) Pretax Margin % : 40.18% (As of Dec. 2023)


View and export this data going back to 2015. Start your Free Trial

What is Seritage Growth Properties Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Seritage Growth Properties's Pre-Tax Income for the three months ended in Dec. 2023 was $3.68 Mil. Seritage Growth Properties's Revenue for the three months ended in Dec. 2023 was $9.17 Mil. Therefore, Seritage Growth Properties's pretax margin for the quarter that ended in Dec. 2023 was 40.18%.

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

SRG' s Pretax Margin % Range Over the Past 10 Years
Min: -745.33   Med: -53.48   Max: -33.24
Current: -745.3


SRG's Pretax Margin % is ranked worse than
99.37% of 796 companies
in the REITs industry
Industry Median: 33.985 vs SRG: -745.30

Seritage Growth Properties Pretax Margin % Historical Data

The historical data trend for Seritage Growth Properties'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.

Seritage Growth Properties Pretax Margin % Chart

Seritage Growth Properties Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only -53.61 -131.09 -33.24 -111.75 -745.33

Seritage Growth Properties Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 403.68 -9,117.50 -1,627.21 -16.11 40.18

Competitive Comparison of Seritage Growth Properties's Pretax Margin %

For the REIT - Retail subindustry, Seritage Growth Properties'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.


Seritage Growth Properties's Pretax Margin % Distribution in the REITs Industry

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

* The bar in red indicates where Seritage Growth Properties's Pretax Margin % falls into.



Seritage Growth Properties 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.

Seritage Growth Properties'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 )
=-154.873/20.779
=-745.33 %

Seritage Growth Properties'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 )
=3.684/9.168
=40.18 %

* 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.


Seritage Growth Properties  (NYSE:SRG) 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.


Seritage Growth Properties Pretax Margin % Related Terms

Thank you for viewing the detailed overview of Seritage Growth Properties's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Seritage Growth Properties (Seritage Growth Properties) Business Description

Traded in Other Exchanges
Address
500 Fifth Avenue, Suite 1530, New York, NY, USA, 10110
Seritage Growth Properties is engaged in the real property business through its investment in its operating partnership, Seritage Growth Properties, L.P. Seritage is principally engaged in the acquisition, ownership, development, redevelopment, management and leasing of diversified retail real estate throughout the United States. The company's primary objective is to create value for its shareholders through the re-leasing and redevelopment of the majority of its Wholly Owned Properties and JV Properties. It generates a majority of its revenue from tenants.
Executives
Edward S Lampert other: Trustee 1170 KANE CONCOURSE, SUITE 200, BAY HARBOUR FL 33154
Mark Wilsmann director SERITAGE GROWTH PROPERTIES, 500 FIFTH AVENUE, STE. 1530, NEW YORK NY 10110
Mitchell A Sabshon director 2901 BUTTERFIELD ROAD, OAK BROOK IL 60523
Talya Nevo-hacohen director C/O SABRA HEALTH CARE REIT, INC., 18500 VON KARMAN, SUITE 550, IRVINE CA 92612
Adam S Metz director 110 NORTH WACKER DRIVE, CHICAGO IL 60606
Eric Dinenberg officer: Chief Operating Officer SERITAGE GROWTH PROPERTIES, 500 FIFTH AVENUE, STE. 1530, NEW YORK NY 10110
Allison Thrush director 500 FIFTH AVENUE, SUITE 1530, NEW YORK NY 10110
Andrea Olshan director, officer: CEO and President 500 FIFTH AVENUE, SUITE 1530, NEW YORK NY 10110
Andrew Galvin officer: EVP of Investments SERITAGE GROWTH PROPERTIES, 500 FIFTH AVENUE, SUITE 1530, NEW YORK NY 10110
Amanda Lombard officer: CFO and EVP 500 FIFTH AVENUE, SUITE 1530, NEW YORK NY 10110
Brian Robert Dickman officer: CFO and EVP 411 S. OLD WOODWARD, APT. 918, BIRMINGHAM MI 48009
Kenneth T Lombard officer: EVP, Chief Operating Officer 550 SOUTH HOPE STREET, SUITE 2850, LOS ANGELES CA 90071
Benjamin Schall director, officer: CEO, President 261 BROADWAY, NO.11B, NEW YORK NY 10007
Matthew E Fernand officer: General Counsel and EVP 3333 BEVERLY ROAD, C/O SERITAGE GROWTH PROPERTIES, HOFFMAN ESTATES IL 60179
James Edwin Bry officer: See Remarks 3333 BEVERLY ROAD, C/O SERITAGE GROWTH PROPERTIES, HOFFMAN ESTATES IL 60179

Seritage Growth Properties (Seritage Growth Properties) Headlines