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Landsea Homes (Landsea Homes) Pretax Margin % : 0.24% (As of Mar. 2024)


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What is Landsea Homes Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Landsea Homes's Pre-Tax Income for the three months ended in Mar. 2024 was $0.70 Mil. Landsea Homes's Revenue for the three months ended in Mar. 2024 was $294.04 Mil. Therefore, Landsea Homes's pretax margin for the quarter that ended in Mar. 2024 was 0.24%.

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

LSEAW' s Pretax Margin % Range Over the Past 10 Years
Min: -1.66   Med: 4.52   Max: 6.99
Current: 3.13


LSEAW's Pretax Margin % is ranked worse than
61.45% of 1777 companies
in the Real Estate industry
Industry Median: 8.69 vs LSEAW: 3.13

Landsea Homes Pretax Margin % Historical Data

The historical data trend for Landsea Homes'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.

Landsea Homes Pretax Margin % Chart

Landsea Homes Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
4.52 -1.66 6.52 6.99 3.68

Landsea Homes Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 2.37 2.56 4.52 4.72 0.24

Competitive Comparison of Landsea Homes's Pretax Margin %

For the Real Estate - Development subindustry, Landsea Homes'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.


Landsea Homes's Pretax Margin % Distribution in the Real Estate Industry

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

* The bar in red indicates where Landsea Homes's Pretax Margin % falls into.



Landsea Homes 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.

Landsea Homes's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=44.545/1209.947
=3.68 %

Landsea Homes's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=0.704/294.041
=0.24 %

* 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.


Landsea Homes  (NAS:LSEAW) 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.


Landsea Homes Pretax Margin % Related Terms

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Landsea Homes (Landsea Homes) Business Description

Traded in Other Exchanges
Address
660 Newport Center Drive, Suite 300, Newport Beach, CA, USA, 92660
Landsea Homes Corp is a homebuilding company. It designs and builds best-in-class homes and sustainable master-planned communities in some of the nation's most desirable markets. The company's segments include Arizona, California, Florida, Metro New York, and Texas. It derives a majority of revenue from California.