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Mitsubishi Estate Co (Mitsubishi Estate Co) Pretax Margin % : 16.84% (As of Dec. 2023)


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What is Mitsubishi Estate Co Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Mitsubishi Estate Co's Pre-Tax Income for the three months ended in Dec. 2023 was $396 Mil. Mitsubishi Estate Co's Revenue for the three months ended in Dec. 2023 was $2,351 Mil. Therefore, Mitsubishi Estate Co's pretax margin for the quarter that ended in Dec. 2023 was 16.84%.

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

MITEY' s Pretax Margin % Range Over the Past 10 Years
Min: 9.03   Med: 16.35   Max: 18.81
Current: 16.03


MITEY's Pretax Margin % is ranked better than
62.14% of 1788 companies
in the Real Estate industry
Industry Median: 9.03 vs MITEY: 16.03

Mitsubishi Estate Co Pretax Margin % Historical Data

The historical data trend for Mitsubishi Estate Co'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.

Mitsubishi Estate Co Pretax Margin % Chart

Mitsubishi Estate Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.70 17.20 16.67 18.81 18.36

Mitsubishi Estate Co 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 14.51 17.91 15.84 12.26 16.84

Competitive Comparison of Mitsubishi Estate Co's Pretax Margin %

For the Real Estate - Diversified subindustry, Mitsubishi Estate Co'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.


Mitsubishi Estate Co's Pretax Margin % Distribution in the Real Estate Industry

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

* The bar in red indicates where Mitsubishi Estate Co's Pretax Margin % falls into.



Mitsubishi Estate Co 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.

Mitsubishi Estate Co's Pretax Margin for the fiscal year that ended in Mar. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Mar. 2023 )/Revenue (A: Mar. 2023 )
=1892.068/10308.115
=18.36 %

Mitsubishi Estate Co'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 )
=395.947/2351.101
=16.84 %

* 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.


Mitsubishi Estate Co  (OTCPK:MITEY) 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.


Mitsubishi Estate Co Pretax Margin % Related Terms

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Mitsubishi Estate Co (Mitsubishi Estate Co) Business Description

Traded in Other Exchanges
Address
Otemachi 1-chome, Otemachi Park Building, 1-1, Chiyoda-ku, Tokyo, JPN, 100-8133
Mitsubishi Estate is one of the three big Japanese real estate companies. Around two thirds of its operating profit comes from leasing office space in Japan, where half of its portfolio is concentrated in the prime Marunouchi/Otemachi district between Tokyo station and the Imperial Palace. Mitsubishi Estate's predecessor originally bought this land from the government in 1890, and the company sees itself as steward of the showcase area's long-term development, rarely if ever selling any properties there.

Mitsubishi Estate Co (Mitsubishi Estate Co) Headlines

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