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Hennessy Advisors (Hennessy Advisors) Pretax Margin % : 26.76% (As of Dec. 2023)


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What is Hennessy Advisors Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Hennessy Advisors's Pre-Tax Income for the three months ended in Dec. 2023 was $1.64 Mil. Hennessy Advisors's Revenue for the three months ended in Dec. 2023 was $6.14 Mil. Therefore, Hennessy Advisors's pretax margin for the quarter that ended in Dec. 2023 was 26.76%.

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

HNNA' s Pretax Margin % Range Over the Past 10 Years
Min: 26.78   Med: 36.8   Max: 43.9
Current: 28.04


HNNA's Pretax Margin % is ranked worse than
72.14% of 1669 companies
in the Asset Management industry
Industry Median: 89.71 vs HNNA: 28.04

Hennessy Advisors Pretax Margin % Historical Data

The historical data trend for Hennessy Advisors'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.

Hennessy Advisors Pretax Margin % Chart

Hennessy Advisors Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 35.76 32.83 33.21 26.78 27.48

Hennessy Advisors Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 24.56 27.21 26.80 31.21 26.76

Competitive Comparison of Hennessy Advisors's Pretax Margin %

For the Asset Management subindustry, Hennessy Advisors'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.


Hennessy Advisors's Pretax Margin % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Hennessy Advisors's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Hennessy Advisors's Pretax Margin % falls into.



Hennessy Advisors 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.

Hennessy Advisors's Pretax Margin for the fiscal year that ended in Sep. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Sep. 2023 )/Revenue (A: Sep. 2023 )
=6.6/24.02
=27.48 %

Hennessy Advisors'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 )
=1.644/6.144
=26.76 %

* 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.


Hennessy Advisors  (NAS:HNNA) 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.


Hennessy Advisors Pretax Margin % Related Terms

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Hennessy Advisors (Hennessy Advisors) Business Description

Traded in Other Exchanges
N/A
Address
7250 Redwood Boulevard, Suite 200, Novato, CA, USA, 94945
Hennessy Advisors Inc is an investment management company, engaged in the managing and marketing of open-end mutual funds branded as the Hennessy Funds. It offers domestic equity, sectors, and specialty, balanced and fixed income products. It provides investment advisory services and shareholder services to the Hennessy Funds. Its investment advisory services include managing the composition of each fund's portfolio, including the purchase, retention, and disposition of portfolio securities in accordance with the Fund's investment objectives, policies, and restrictions; conducting investment research, and monitoring compliance with each fund's investment restrictions and applicable laws and regulations.
Executives
Neil J Hennessy director, 10 percent owner, officer: President and CEO 7250 REDWOOD BLVD., SUITE 200, NOVATO CA 94945
Kiera Newton director 7250 REDWOOD BLVD., SUITE 200, NOVATO CA 94945
Knight Oriordan Lydia D director 7240 REDWOOD BLVD., SUITE 200, NOVATO CA 94945
Rodger Offenbach director 7250 REDWOOD BLVD, SUITE 200, NOVATO CA 94945
Daniel B Steadman director, officer: Executive Vice President 7250 REDWOOD BLVD., SUITE 200, NOVATO CA 94945
Brian A Hennessey director 7250 REDWOOD BLVD, SUITE 200, NOVATO CA 94945
Teresa M Nilsen director, officer: EVP, CFO and Secretary 7250 REDWOOD BLVD., SUITE 200, NOVATO CA 94945
Thomas L Seavey director 7250 REDWOOD BLVD., SUITE 200, NOVATO CA 94945
Kathryn Fahy officer: SVP and CFO 7250 REDWOOD BOULEVARD, SUITE 200, NOVATO CA 94945
Susan Weber Pomilia director 7250 REDWOOD BLVD, SUITE 200, NOVATO CA 94945
Daniel G Libarie director 7250 REDWOOD BLVD, SUITE 200, NOVATO CA 94945
Charles W Bennett director 700 IRWIN STREET, SAN RAFAEL CA 94901-3300
Henry Hansel director 7250 REDWOOD BLVD, SUITE 200, NOVATO CA 94945