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Magellan Midstream Partners LP (NYSE:MMP)
Pretax Income
$856 Mil (TTM As of Jun. 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 Jun. 2016 was $189 Mil. Its pretax income for the trailing twelve months (TTM) ended in Jun. 2016 was $856 Mil. Magellan Midstream Partners LP's pretax margin was 36.34%.

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 Jun. 2016 is calculated as

Pretax Income=Operating Income+Non-Recurring Items+Interest Expense+Interest Income+Other
=226.527+3.169+-41.556+0.404+0
=189

Magellan Midstream Partners LP Pre-Tax Income for the trailing twelve months (TTM) ended in Jun. 2016 was 251.839 (Sep. 2015 ) + 207.639 (Dec. 2015 ) + 207.941 (Mar. 2016 ) + 188.544 (Jun. 2016 ) = $856 Mil.

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


Explanation

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

Pretax Margin=Pretax Income/Revenue
=188.544/518.897
=36.34%

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 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 LP Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
Pretax Income 193232332228313415438587844821

Magellan Midstream Partners LP Quarterly Data

Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16
Pretax Income 244148200253185177252208208189
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