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Fairfax India Holdings (TSX:FIH.U) Pretax Margin % : 98.51% (As of Dec. 2023)


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What is Fairfax India Holdings Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Fairfax India Holdings's Pre-Tax Income for the three months ended in Dec. 2023 was $159.5 Mil. Fairfax India Holdings's Revenue for the three months ended in Dec. 2023 was $162.0 Mil. Therefore, Fairfax India Holdings's pretax margin for the quarter that ended in Dec. 2023 was 98.51%.

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

TSX:FIH.U' s Pretax Margin % Range Over the Past 10 Years
Min: 90.79   Med: 97.16   Max: 133.48
Current: 97.14


TSX:FIH.U's Pretax Margin % is ranked better than
65.65% of 1668 companies
in the Asset Management industry
Industry Median: 89.59 vs TSX:FIH.U: 97.14

Fairfax India Holdings Pretax Margin % Historical Data

The historical data trend for Fairfax India Holdings'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.

Fairfax India Holdings Pretax Margin % Chart

Fairfax India Holdings 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 98.20 133.48 98.39 93.34 97.16

Fairfax India Holdings 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 92.83 114.47 97.76 99.24 98.51

Competitive Comparison of Fairfax India Holdings's Pretax Margin %

For the Asset Management subindustry, Fairfax India Holdings'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.


Fairfax India Holdings's Pretax Margin % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Fairfax India Holdings's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Fairfax India Holdings's Pretax Margin % falls into.



Fairfax India Holdings 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.

Fairfax India Holdings'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 )
=451.896/465.089
=97.16 %

Fairfax India Holdings'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 )
=159.547/161.952
=98.51 %

* 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.


Fairfax India Holdings  (TSX:FIH.U) 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.


Fairfax India Holdings Pretax Margin % Related Terms

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Fairfax India Holdings (TSX:FIH.U) Business Description

Traded in Other Exchanges
Address
95 Wellington Street West, Suite 800, Toronto, ON, CAN, M5J 2N7
Fairfax India Holdings Corp is an investment holding company. The investment objective is to achieve long-term capital appreciation, while preserving capital, by investing in public and private equity securities and debt instruments in India and Indian businesses or other businesses with customers, suppliers, or business conducted in or dependent on India. The company operates through investing in the India segment and it earns income through the source of interest and dividends.

Fairfax India Holdings (TSX:FIH.U) Headlines

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