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TMX Group (TSX:X) Pretax Margin % : 51.14% (As of Mar. 2024)


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What is TMX Group Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. TMX Group's Pre-Tax Income for the three months ended in Mar. 2024 was C$177 Mil. TMX Group's Revenue for the three months ended in Mar. 2024 was C$346 Mil. Therefore, TMX Group's pretax margin for the quarter that ended in Mar. 2024 was 51.14%.

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

TSX:X' s Pretax Margin % Range Over the Past 10 Years
Min: -1.6   Med: 42.61   Max: 60.12
Current: 45.51


TSX:X's Pretax Margin % is ranked better than
74.77% of 777 companies
in the Capital Markets industry
Industry Median: 18.22 vs TSX:X: 45.51

TMX Group Pretax Margin % Historical Data

The historical data trend for TMX Group'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.

TMX Group Pretax Margin % Chart

TMX Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 41.50 44.94 48.87 60.12 43.33

TMX Group Quarterly Data
Jun19 Sep19 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 Premium Member Only Premium Member Only 43.33 45.98 42.46 41.46 51.14

Competitive Comparison of TMX Group's Pretax Margin %

For the Financial Data & Stock Exchanges subindustry, TMX Group'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.


TMX Group's Pretax Margin % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, TMX Group's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where TMX Group's Pretax Margin % falls into.



TMX Group 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.

TMX Group'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 )
=517.4/1194.1
=43.33 %

TMX Group'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 )
=176.9/345.9
=51.14 %

* 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.


TMX Group  (TSX:X) 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.


TMX Group Pretax Margin % Related Terms

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TMX Group (TSX:X) Business Description

Traded in Other Exchanges
Address
300 - 100 Adelaide Street West, Toronto, ON, CAN, M5H 1S3
TMX Group Ltd is a company that operates several global markets to provide investment opportunities for its clients. TMX Group's key operations include Toronto Stock Exchange, TSX Venture Exchange, TSX Alpha Exchange, The Canadian Depository for Securities, Montreal Exchange, Canadian Derivatives Clearing Corporation, and Trayport, which provides listing markets, trading markets, clearing facilities, depository services, technology solutions, data products, and other services to the global financial community. TMX Group operates offices across North America (Montreal, Calgary, Vancouver, and New York), as well as in key international markets including London and Singapore.