GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Tri-Continental Corp (NYSE:TY) » Definitions » Pre-Tax Income

Tri-Continental (Tri-Continental) Pre-Tax Income : $253.1 Mil (TTM As of Dec. 2023)


View and export this data going back to . Start your Free Trial

What is Tri-Continental Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. Tri-Continental's pretax income for the six months ended in Dec. 2023 was $110.9 Mil. Its pretax income for the trailing twelve months (TTM) ended in Dec. 2023 was $253.1 Mil. Tri-Continental's pretax margin was 99.61%.

During the past 8 years, Tri-Continental's highest Pretax Margin was 101.64%. The lowest was 99.34%. And the median was 99.67%.


Tri-Continental Pre-Tax Income Historical Data

The historical data trend for Tri-Continental's Pre-Tax Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Tri-Continental Pre-Tax Income Chart

Tri-Continental Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pre-Tax Income
Get a 7-Day Free Trial 341.30 197.96 435.70 -292.20 253.08

Tri-Continental Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Pre-Tax Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 165.86 -316.86 24.66 142.19 110.89

Competitive Comparison of Tri-Continental's Pre-Tax Income

For the Asset Management subindustry, Tri-Continental's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Tri-Continental's Pre-Tax Income Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Tri-Continental's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Tri-Continental's Pre-Tax Income falls into.



Tri-Continental Pre-Tax Income Calculation

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

Tri-Continental's Pretax Income for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Income=Operating Income+Other
=0+253.081
=253.1

Tri-Continental's Pretax Income for the quarter that ended in Dec. 2023 is calculated as

Pretax Income=Operating Income+Other
=0+110.894
=110.9

Pre-Tax Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $253.1 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Tri-Continental  (NYSE:TY) Pre-Tax Income Explanation

Tri-Continental's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin=Pretax Income/Revenue
=110.894/111.324
=99.61%

During the past 8 years, Tri-Continental's highest Pretax Margin was 101.64%. The lowest was 99.34%. And the median was 99.67%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Tri-Continental Pre-Tax Income Related Terms

Thank you for viewing the detailed overview of Tri-Continental's Pre-Tax Income provided by GuruFocus.com. Please click on the following links to see related term pages.


Tri-Continental (Tri-Continental) Business Description

Traded in Other Exchanges
Address
290 Congress Street, Boston, MA, USA, 02110
Tri-Continental Corp is a United States-based closed-end management investment company. It invests to produce future growth of both capital and income while providing reasonable current income. The fund is divided into two equal segments namely, the equity segment uses quantitative models to select individual stocks whereas the Flexible capital income segment invests across a company's investable capital structure, including stocks, bonds, and convertible securities. The Fund invests in a range of sectors, which include consumer discretionary, consumer staples, energy, financials, healthcare, industrials, information technology, industrials, materials, real estate, telecommunication services, utilities, aerospace and defense, banking, chemicals, and others.
Executives
Janet Carrig director ONE SOUTH WACKER DRIVE SUITE 3200, CHICAGO IL 60606
Raghavendran Sivaraman other: Portfolio Manager of Issuer 225 FRANKLIN STREET, BOSTON MA 02110
Douglas A Hacker director P O BOX 66100-WHQLD, CHICAGO IL 60666
Oleg Nusinzon other: Portfolio Manager of Issuer 225 FRANKLIN ST, BOSTON MA 02110
Gene R Tannuzzo other: Man Dir/GL HD of FI Issuer IA 225 FRANKLIN ST., BOSTON MA 02110
Christopher O. Petersen officer: Vice President and Secretary 5228 AMERIPRISE FINANCIAL CENTER, MINNEAPOLIS MN 55474
Grace Lee other: Portfolio Manager of Issuer 225 FRANKLIN STREET, BOSTON MA 02110
Brian M. Engelking other: Dir., VP & CFO of Issuer's IA 225 FRANKLIN STREET, BOSTON MA 02110
Sandra Yeager director 225 FRANKLIN ST., BOSTON MA 02110
Jonathan C Cleasby other: Dir., VP & CFO of Issuer's IA 225 FRANKLIN ST., BOSTON MA 02110
David L King other: Portfolio Manager of Issuer C/O PUTNAM LLC, ONE POST OFFICE SQUARE L5, BOSTON MA 02109
Pamela G Carlton director 901 S. MARQUETTE AVENUE, MINNEAPOLIS MN 55402
Daniel Beckman officer: Senior Vice President 225 FRANKLIN STREET, BOSTON MA 02110
Brian J Gallagher director 225 FRANKLIN STREET, BOSTON MA 02110
Anthony M Santomero director RENAISSANCE HOUSE, 8-20 EAST BROADWAY, PEMBROKE D0 HM 19

Tri-Continental (Tri-Continental) Headlines

From GuruFocus

Tri-Continental Corporation Declares Fourth Quarter Distribution

By Business Wire Business Wire 11-20-2020

Tri-Continental Corporation Declares Third Quarter Distribution

By Business Wire Business Wire 09-03-2021

Tri-Continental Corporation Declares Second Quarter Distribution

By Business Wire Business Wire 05-21-2021

Tri-Continental Corporation Declares Second Quarter Distribution

By Business Wire Business Wire 05-19-2022

Tri-Continental Corporation Declares Second Quarter Distribution

By Business Wire Business Wire 05-22-2020

Tri-Continental Corporation Declares Fourth Quarter Distribution

By Business Wire Business Wire 11-19-2021

Tri-Continental Corporation Declares Fourth Quarter Distribution

By Business Wire Business Wire 11-17-2022

Tri-Continental Corporation Declares Third Quarter Distribution

By Business Wire Business Wire 09-04-2020