Switch to:
GuruFocus has detected 3 Warning Signs with Westwood Holdings Group Inc \$WHG.
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.
Westwood Holdings Group Inc (NYSE:WHG)
Pre-Tax Income
\$36.1 Mil (TTM As of Mar. 2017)

Pretax income is the income that a company earns before paying income taxes. Westwood Holdings Group Inc's pretax income for the three months ended in Mar. 2017 was \$7.8 Mil. Its pretax income for the trailing twelve months (TTM) ended in Mar. 2017 was \$36.1 Mil. Westwood Holdings Group Inc's pretax margin was 23.82%.

During the past 13 years, Westwood Holdings Group Inc's highest Pretax Margin was 37.12%. The lowest was 25.83%. And the median was 32.14%.

Definition

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

Westwood Holdings Group Inc's Pretax Income for the fiscal year that ended in Dec. 2016 is calculated as

 Pretax Income = Operating Income + Non-Recurring Items + Interest Expense + Interest Income + Other = 34.01 + 0 + 0 + 0 + 0 = 34.0

Westwood Holdings Group Inc's Pretax Income for the quarter that ended in Mar. 2017 is calculated as

 Pretax Income = Operating Income + Non-Recurring Items + Interest Expense + Interest Income + Other = 7.77 + 0 + 0 + 0 + 0 = 7.8

Westwood Holdings Group Inc Pre-Tax Income for the trailing twelve months (TTM) ended in Mar. 2017 was 8.512 (Jun. 2016 ) + 9.053 (Sep. 2016 ) + 10.799 (Dec. 2016 ) + 7.77 (Mar. 2017 ) = \$36.1 Mil.

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

Explanation

Westwood Holdings Group Inc's Pretax Margin for the quarter that ended in Mar. 2017 is calculated as

 Pretax Margin = Pretax Income / Revenue = 7.77 / 32.623 = 23.82%

During the past 13 years, Westwood Holdings Group Inc's highest Pretax Margin was 37.12%. The lowest was 25.83%. And the median was 32.14%.

* 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.

Westwood Holdings Group Inc Annual Data

 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Pretax Income 12.2 16.5 12.3 17.7 23.1 20.0 28.2 42.0 42.2 34.0

Westwood Holdings Group Inc Quarterly Data

 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Pretax Income 9.5 8.4 14.8 10.5 8.6 5.6 8.5 9.1 10.8 7.8
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)