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Magellan Midstream Partners, L.P. (NYSE:MMP)
Pretax Income
$785 Mil (TTM As of Mar. 2015)

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. 2015 was $185 Mil. Its pretax income for the trailing twelve months (TTM) ended in Mar. 2015 was $785 Mil. Magellan Midstream Partners, L.P.'s pretax margin was 35.40%.

During the past 13 years, Magellan Midstream Partners, L.P.'s highest Pretax Margin was 36.64%. The lowest was 6.69%. 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. 2014 is calculated as

Pretax Income=Operating Income+Non-Recurring Items+Interest Expense+Interest Income+Other
=974.231+-10.906+-120.726+1.54+0
=844

Magellan Midstream Partners, L.P.'s Pretax Income for the quarter that ended in Mar. 2015 is calculated as

Pretax Income=Operating Income+Non-Recurring Items+Interest Expense+Interest Income+Other
=219.811+-0.866+-34.5+0.349+2.84217094304E-14
=185

Magellan Midstream Partners, L.P. Pre-Tax Income for the trailing twelve months (TTM) ended in Mar. 2015 was 147.6 (Jun. 2014 ) + 199.857 (Sep. 2014 ) + 252.907 (Dec. 2014 ) + 184.794 (Mar. 2015 ) = $785 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. 2015 is calculated as

Pretax Margin=Pretax Income/Revenue
=184.794/522.09
=35.40%

During the past 13 years, Magellan Midstream Partners, L.P.'s highest Pretax Margin was 36.64%. The lowest was 6.69%. 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

Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14
Pretax Income 159193244332228313415438587844

Magellan Midstream Partners, L.P. Quarterly Data

Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14Dec14Mar15
Pretax Income 154114155126191244148200253185
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