GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Flagship Communities REIT (TSX:MHC.U) » Definitions » Pretax Margin %

Flagship Communities REIT (TSX:MHC.U) Pretax Margin % : 55.84% (As of Mar. 2024)


View and export this data going back to 2020. Start your Free Trial

What is Flagship Communities REIT Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Flagship Communities REIT's Pre-Tax Income for the three months ended in Mar. 2024 was $11.12 Mil. Flagship Communities REIT's Revenue for the three months ended in Mar. 2024 was $19.92 Mil. Therefore, Flagship Communities REIT's pretax margin for the quarter that ended in Mar. 2024 was 55.84%.

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

TSX:MHC.U' s Pretax Margin % Range Over the Past 10 Years
Min: 72.59   Med: 115.47   Max: 187.18
Current: 80.86


TSX:MHC.U's Pretax Margin % is ranked better than
78.81% of 788 companies
in the REITs industry
Industry Median: 33.16 vs TSX:MHC.U: 80.86

Flagship Communities REIT Pretax Margin % Historical Data

The historical data trend for Flagship Communities REIT'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.

Flagship Communities REIT Pretax Margin % Chart

Flagship Communities REIT Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial 187.18 - 139.31 72.59 91.62

Flagship Communities REIT Quarterly Data
Dec18 Jun19 Dec19 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 Premium Member Only 96.76 123.09 159.63 -7.93 55.84

Competitive Comparison of Flagship Communities REIT's Pretax Margin %

For the REIT - Residential subindustry, Flagship Communities REIT'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.


Flagship Communities REIT's Pretax Margin % Distribution in the REITs Industry

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

* The bar in red indicates where Flagship Communities REIT's Pretax Margin % falls into.



Flagship Communities REIT 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.

Flagship Communities REIT'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 )
=65.098/71.052
=91.62 %

Flagship Communities REIT'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 )
=11.124/19.92
=55.84 %

* 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.


Flagship Communities REIT  (TSX:MHC.U) 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.


Flagship Communities REIT Pretax Margin % Related Terms

Thank you for viewing the detailed overview of Flagship Communities REIT's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Flagship Communities REIT (TSX:MHC.U) Business Description

Traded in Other Exchanges
Address
467 Erlanger Road, Erlanger, KY, USA, 41018
Flagship Communities REIT is an open-ended real estate investment trust. It is formed for the purpose of owning and operating a portfolio of income-producing manufactured housing communities and related assets. The objective of the trust is to provide unitholders with predictable, sustainable and growing cash distributions. The company owns, manages and operates multifamily properties located in the United States.

Flagship Communities REIT (TSX:MHC.U) Headlines

No Headlines