Switch to:
Magellan Midstream Partners LP (NYSE:MMP)
Pretax Income
\$799 Mil (TTM As of Sep. 2016)

Pretax income is the income that a company earns before paying income taxes. Magellan Midstream Partners LP's pretax income for the three months ended in Sep. 2016 was \$195 Mil. Its pretax income for the trailing twelve months (TTM) ended in Sep. 2016 was \$799 Mil. Magellan Midstream Partners LP's pretax margin was 35.39%.

During the past 13 years, Magellan Midstream Partners LP's highest Pretax Margin was 37.54%. The lowest was 15.75%. And the median was 24.25%.

Definition

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

Magellan Midstream Partners LP's Pretax Income for the fiscal year that ended in Dec. 2015 is calculated as

 Pretax Income = Operating Income + Non-Recurring Items + Interest Expense + Interest Income + Other = 963.62 + 1.015 + -144.453 + 1.276 + 0 = 821

Magellan Midstream Partners LP's Pretax Income for the quarter that ended in Sep. 2016 is calculated as

 Pretax Income = Operating Income + Non-Recurring Items + Interest Expense + Interest Income + Other = 233.949 + 3.324 + -42.286 + 0.302 + -2.84217094304E-14 = 195

Magellan Midstream Partners LP Pre-Tax Income for the trailing twelve months (TTM) ended in Sep. 2016 was 207.639 (Dec. 2015 ) + 207.941 (Mar. 2016 ) + 188.544 (Jun. 2016 ) + 195.289 (Sep. 2016 ) = \$799 Mil.

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

Explanation

Magellan Midstream Partners LP's Pretax Margin for the quarter that ended in Sep. 2016 is calculated as

 Pretax Margin = Pretax Income / Revenue = 195.289 / 551.782 = 35.39%

During the past 13 years, Magellan Midstream Partners LP's highest Pretax Margin was 37.54%. The lowest was 15.75%. And the median was 24.25%.

* 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.

Magellan Midstream Partners LP Annual Data

 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Pretax Income 193 232 332 228 313 415 438 587 844 821

Magellan Midstream Partners LP Quarterly Data

 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Pretax Income 148 200 253 185 177 252 208 208 189 195
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)