Switch to:
GuruFocus has detected 6 Warning Signs with Torchmark Corp $TMK.
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.
Torchmark Corp (NYSE:TMK)
Pre-Tax Income
$772 Mil (TTM As of Dec. 2016)

Pretax income is the income that a company earns before paying income taxes. Torchmark Corp's pretax income for the three months ended in Dec. 2016 was $176 Mil. Its pretax income for the trailing twelve months (TTM) ended in Dec. 2016 was $772 Mil. Torchmark Corp's pretax margin was 18.04%.

During the past 13 years, Torchmark Corp's highest Pretax Margin was 22.85%. The lowest was 18.53%. And the median was 21.39%.


Definition

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

Torchmark Corp's Pretax Income for the fiscal year that ended in Dec. 2016 is calculated as

Pretax Income=Operating Income+Other
=772.235+0
=772

Torchmark Corp's Pretax Income for the quarter that ended in Dec. 2016 is calculated as

Pretax Income=Operating Income+Other
=175.982+0
=176

Torchmark Corp Pre-Tax Income for the trailing twelve months (TTM) ended in Dec. 2016 was 195.448 (Mar. 2016 ) + 199.344 (Jun. 2016 ) + 201.461 (Sep. 2016 ) + 175.982 (Dec. 2016 ) = $772 Mil.

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


Explanation

Torchmark Corp's Pretax Margin for the quarter that ended in Dec. 2016 is calculated as

Pretax Margin=Pretax Income/Revenue
=175.982/975.345
=18.04%

During the past 13 years, Torchmark Corp's highest Pretax Margin was 22.85%. The lowest was 18.53%. And the median was 21.39%.

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

Torchmark Corp Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
Pretax Income 797628577751724766755785766772

Torchmark Corp Quarterly Data

Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16
Pretax Income 197196194197199176195199201176
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)
FEEDBACK