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ITT Educational Services, Inc. (NYSE:ESI)
Pretax Income
$100 Mil (TTM As of Sep. 2013)

Pretax income is the income that a company earns before paying income taxes. ITT Educational Services, Inc.'s pretax income for the three months ended in Sep. 2013 was $31 Mil. Its pretax income for the trailing twelve months (TTM) ended in Sep. 2013 was $100 Mil. ITT Educational Services, Inc.'s pretax margin was 12.08%.


Definition

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

ITT Educational Services, Inc.'s Pretax Income for the fiscal year that ended in Dec. 2012 is calculated as

Pretax Income=Operating Income+Non-Recurring Items+Interest Expense+Interest Income+Other
=232.789+0+-3.723+1.348+0
=230

ITT Educational Services, Inc.'s Pretax Income for the quarter that ended in Sep. 2013 is calculated as

Pretax Income=Operating Income+Non-Recurring Items+Interest Expense+Interest Income+Other
=32.079+0+-0.915+0.17+-3.5527136788E-15
=31

ITT Educational Services, Inc. Pre-Tax Income for the trailing twelve months (TTM) ended in Sep. 2013 was -16.83 (Dec. 2012 ) + 51.626 (Mar. 2013 ) + 34.264 (Jun. 2013 ) + 31.334 (Sep. 2013 ) = $100 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Explanation

ITT Educational Services, Inc.'s Pretax Margin for the quarter that ended in Sep. 2013 is calculated as

Pretax Margin=Pretax Income/Revenue
=31.334/259.416
=12.08%

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Related Terms

Operating Income, Interest Expense, Interest Income, Non-Recurring Items, Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

ITT Educational Services, Inc. Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
Pretax Income 12317419024432749161450823096

ITT Educational Services, Inc. Quarterly Data

Sep11Dec11Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13
Pretax Income 1101271017770-17523431-21
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