Switch to:
Magellan Midstream Partners, L.P. (NYSE:MMP)
Pretax Income
$717 Mil (TTM As of Mar. 2014)

Pretax income is the income that a company earns before paying income taxes. Magellan Midstream Partners, L.P.'s pretax income for the three months ended in Mar. 2014 was $244 Mil. Its pretax income for the trailing twelve months (TTM) ended in Mar. 2014 was $717 Mil. Magellan Midstream Partners, L.P.'s pretax margin was 39.41%.

During the past 13 years, Magellan Midstream Partners, L.P.'s highest Pretax Margin was 30.93%. The lowest was 14.03%. And the median was 21.71%.


Definition

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

Magellan Midstream Partners, L.P.'s Pretax Income for the fiscal year that ended in Dec. 2013 is calculated as

Pretax Income=Operating Income+Non-Recurring Items+Interest Expense+Interest Income+Other
=705.056+0+-118.548+0.342+0
=587

Magellan Midstream Partners, L.P.'s Pretax Income for the quarter that ended in Mar. 2014 is calculated as

Pretax Income=Operating Income+Non-Recurring Items+Interest Expense+Interest Income+Other
=275.089+-0.599+-31.106+0.391+0
=244

Magellan Midstream Partners, L.P. Pre-Tax Income for the trailing twelve months (TTM) ended in Mar. 2014 was 155.453 (Jun. 2013 ) + 126.227 (Sep. 2013 ) + 191.455 (Dec. 2013 ) + 243.775 (Mar. 2014 ) = $717 Mil.

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


Explanation

Magellan Midstream Partners, L.P.'s Pretax Margin for the quarter that ended in Mar. 2014 is calculated as

Pretax Margin=Pretax Income/Revenue
=243.775/618.606
=39.41%

During the past 13 years, Magellan Midstream Partners, L.P.'s highest Pretax Margin was 30.93%. The lowest was 14.03%. And the median was 21.71%.

* 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.

Magellan Midstream Partners, L.P. Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
Pretax Income 1101590244332228313415438587

Magellan Midstream Partners, L.P. Quarterly Data

Dec11Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14
Pretax Income 1119413951154114155126191244
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)
Free 7-day Trial
FEEDBACK
Email Hide