New Oriental Education & Technology Group (New Oriental Education & Technology Group) Pre-Tax Income

: $480 Mil (TTM As of Nov. 2023)

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Pretax income is the income that a company earns before paying income taxes. New Oriental Education & Technology Group's pretax income for the three months ended in Nov. 2023 was $58 Mil. Its pretax income for the trailing twelve months (TTM) ended in Nov. 2023 was $480 Mil. New Oriental Education & Technology Group's pretax margin was 6.69%.

During the past 13 years, New Oriental Education & Technology Group's highest Pretax Margin was 21.35%. The lowest was -33.25%. And the median was 14.11%.

New Oriental Education & Technology Group Pre-Tax Income Historical Data

The historical data trend for New Oriental Education & Technology Group's Pre-Tax Income 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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New Oriental Education & Technology Group Annual Data

Trend

May14

May15

May16

May17

May18

May19

May20

May21

May22

May23

Pre-Tax Income

315.85

487.84

314.98

-1,032.50

308.53

New Oriental Education & Technology Group Quarterly Data
	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23
Pre-Tax Income																24.10	103.02	71.84	247.10	58.16

Competitive Comparison

For the Education & Training Services subindustry, New Oriental Education & Technology Group's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income 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.

New Oriental Education & Technology Group Pre-Tax Income Distribution

For the Education industry and Consumer Defensive sector, New Oriental Education & Technology Group's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where New Oriental Education & Technology Group's Pre-Tax Income falls into.

New Oriental Education & Technology Group Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

New Oriental Education & Technology Group's Pretax Income for the fiscal year that ended in May. 2023 is calculated as

Pretax Income	=	Operating Income	+	Non Operating Income	+	Interest Expense	+	Interest Income	+	Other
	=	190.046	+	4.739	+	-0.707	+	114.453	+	0
	=	309

New Oriental Education & Technology Group's Pretax Income for the quarter that ended in Nov. 2023 is calculated as

Pretax Income	=	Operating Income	+	Non Operating Income	+	Interest Expense	+	Interest Income	+	Other
	=	21.342	+	36.822	+	0	+	0	+	0
	=	58

Pre-Tax Income for the trailing twelve months (TTM) ended in Nov. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $480 Mil.

New Oriental Education & Technology Group (NYSE:EDU) Pre-Tax Income Explanation

New Oriental Education & Technology Group's Pretax Margin for the quarter that ended in Nov. 2023 is calculated as

Pretax Margin	=	Pretax Income	/	Revenue
	=	58.164	/	869.6
	=	6.69%

During the past 13 years, New Oriental Education & Technology Group's highest Pretax Margin was 21.35%. The lowest was -33.25%. And the median was 14.11%.

New Oriental Education & Technology Group Pre-Tax Income Related Terms

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New Oriental Education & Technology Group (New Oriental Education & Technology Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » New Oriental Education & Technology Group Inc (NYSE:EDU) » Definitions » Pre-Tax Income

Comparable Companies

Traded in Other Exchanges

EDUN:Mexico 09901:Hong Kong 0K75:UK N1U0:Germany E1DU34:Brazil

Address

No. 6 Hai Dian Zhong Street, Haidian District, Beijing, CHN, 100080

Website

https://www.neworiental.org

New Oriental is a leading private education provider in China. K-9 academic after-school tutoring used to account for 50%-60% of New Oriental's revenue before the regulatory crackdown in 2021. After terminating its K-9 academic after-school tutoring business, New Oriental has identified a few new initiatives such as nonacademic tutoring and intelligent learning systems and devices. The remaining businesses include high school academic after-school tutoring and overseas-related test preparation and consulting business. It also owns 55.7% of East Buy (HKG: 01797), a market leader in livestreaming e-commerce.