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Vicinity Centres (Vicinity Centres) Pretax Margin % : 33.97% (As of Dec. 2023)


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What is Vicinity Centres Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Vicinity Centres's Pre-Tax Income for the six months ended in Dec. 2023 was $150.1 Mil. Vicinity Centres's Revenue for the six months ended in Dec. 2023 was $441.8 Mil. Therefore, Vicinity Centres's pretax margin for the quarter that ended in Dec. 2023 was 33.97%.

The historical rank and industry rank for Vicinity Centres's Pretax Margin % or its related term are showing as below:

CNRAF' s Pretax Margin % Range Over the Past 10 Years
Min: -147.53   Med: 77.13   Max: 121.62
Current: 23.35


CNRAF's Pretax Margin % is ranked worse than
57.11% of 788 companies
in the REITs industry
Industry Median: 33.16 vs CNRAF: 23.35

Vicinity Centres Pretax Margin % Historical Data

The historical data trend for Vicinity Centres's Pretax Margin % 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.

Vicinity Centres Pretax Margin % Chart

Vicinity Centres Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.00 -147.53 -23.43 102.36 20.88

Vicinity Centres Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 110.51 94.43 29.41 12.36 33.97

Competitive Comparison of Vicinity Centres's Pretax Margin %

For the REIT - Retail subindustry, Vicinity Centres's Pretax Margin %, along with its competitors' market caps and Pretax Margin % 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.


Vicinity Centres's Pretax Margin % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Vicinity Centres's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Vicinity Centres's Pretax Margin % falls into.



Vicinity Centres Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Vicinity Centres's Pretax Margin for the fiscal year that ended in Jun. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Jun. 2023 )/Revenue (A: Jun. 2023 )
=178.591/855.436
=20.88 %

Vicinity Centres's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=150.067/441.767
=33.97 %

* 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.


Vicinity Centres  (OTCPK:CNRAF) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Vicinity Centres Pretax Margin % Related Terms

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Vicinity Centres (Vicinity Centres) Business Description

Traded in Other Exchanges
Address
1341 Dandenong Road, Level 4, Chadstone Tower One, Chadstone, Melbourne, VIC, AUS, 3148
Vicinity was created after the merger of Federation Centres and Novion in June 2015, creating one of Australia's largest retail REITs. Its directly and indirectly owned assets have a book value of about AUD 14 billion. The assets are skewed to large, high-end shopping centres, with about half in major regional malls, a fifth in subregional, 15% in CBD locations, 13% in outlet centres, and 1% in neighbourhood malls.

Vicinity Centres (Vicinity Centres) Headlines

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