Switch to:
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.
Electro Rent Corp (NAS:ELRC)
Pre-Tax Income
\$14.6 Mil (TTM As of Feb. 2016)

Pretax income is the income that a company earns before paying income taxes. Electro Rent Corp's pretax income for the three months ended in Feb. 2016 was \$1.5 Mil. Its pretax income for the trailing twelve months (TTM) ended in Feb. 2016 was \$14.6 Mil. Electro Rent Corp's pretax margin was 3.78%.

Definition

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

Electro Rent Corp's Pretax Income for the fiscal year that ended in May. 2015 is calculated as

 Pretax Income = Operating Income + Non-Recurring Items + Interest Expense + Interest Income + Other = 22.928 + 1.39 + 0 + 0 + 0.332 = 24.7

Electro Rent Corp's Pretax Income for the quarter that ended in Feb. 2016 is calculated as

 Pretax Income = Operating Income + Non-Recurring Items + Interest Expense + Interest Income + Other = 1.712 + 0.001 + -0.221 + 0 + 2.22044604925E-16 = 1.5

Electro Rent Corp Pre-Tax Income for the trailing twelve months (TTM) ended in Feb. 2016 was 5.646 (May. 2015 ) + 3.951 (Aug. 2015 ) + 3.541 (Nov. 2015 ) + 1.492 (Feb. 2016 ) = \$14.6 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Explanation

Electro Rent Corp's Pretax Margin for the quarter that ended in Feb. 2016 is calculated as

 Pretax Margin = Pretax Income / Revenue = 1.492 / 39.498 = 3.78%

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Related Terms

Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Electro Rent Corp Annual Data

 May06 May07 May08 May09 May10 May11 May12 May13 May14 May15 Pretax Income 34.4 34.5 34.0 18.9 20.0 37.3 40.0 37.1 32.5 24.7

Electro Rent Corp Quarterly Data

 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 Pretax Income 9.0 7.3 7.4 7.6 7.7 3.7 5.6 4.0 3.5 1.5
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to \$400 per referral. ( Learn More)