GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » goeasy Ltd (OTCPK:EHMEF) » Definitions » Pretax Margin %

goeasy (goeasy) Pretax Margin % : 30.16% (As of Dec. 2023)


View and export this data going back to 2009. Start your Free Trial

What is goeasy Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. goeasy's Pre-Tax Income for the three months ended in Dec. 2023 was $76.0 Mil. goeasy's Revenue for the three months ended in Dec. 2023 was $252.0 Mil. Therefore, goeasy's pretax margin for the quarter that ended in Dec. 2023 was 30.16%.

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

EHMEF' s Pretax Margin % Range Over the Past 10 Years
Min: 9.95   Med: 14.65   Max: 38.33
Current: 26.96


EHMEF's Pretax Margin % is ranked better than
58.51% of 523 companies
in the Credit Services industry
Industry Median: 20.71 vs EHMEF: 26.96

goeasy Pretax Margin % Historical Data

The historical data trend for goeasy'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.

goeasy Pretax Margin % Chart

goeasy 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 14.69 28.06 38.33 19.21 26.95

goeasy 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 14.17 24.30 24.87 27.92 30.16

Competitive Comparison of goeasy's Pretax Margin %

For the Credit Services subindustry, goeasy'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.


goeasy's Pretax Margin % Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, goeasy's Pretax Margin % distribution charts can be found below:

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



goeasy 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.

goeasy'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 )
=251.159/931.775
=26.95 %

goeasy'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 )
=76.004/252.021
=30.16 %

* 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.


goeasy  (OTCPK:EHMEF) 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.


goeasy Pretax Margin % Related Terms

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


goeasy (goeasy) Business Description

Traded in Other Exchanges
Address
33 City Centre Drive, Suite 510, Mississauga, ON, CAN, L5B 2N5
goeasy Ltd provides financial services company. The principal operating activities of the Company include: providing loans and other financial services to consumers and leasing household products to consumers. Customers can transact seamlessly through an omnichannel model that includes online and mobile platforms. The Company operates in two reportable segments: easyfinancial and easyhome. The easyfinancial reportable segment lends out capital in the form of unsecured and secured consumer loans to nonprime borrowers. easyfinancial's product offering consists of unsecured and real estate-secured installment loans. The key revenue of the company is generated from easyfinancial.

goeasy (goeasy) Headlines

From GuruFocus

goeasy Ltd. Completes Acquisition of LendCare

By GlobeNewswire GlobeNewswire 04-30-2021

goeasy Ltd. Announces Renewal of Normal Course Issuer Bid

By GlobeNewswire GlobeNewswire 12-16-2020

goeasy Ltd. Announces Election of Directors

By GlobeNewswire GlobeNewswire 05-13-2021

goeasy Ltd. Provides Shareholder Update

By GlobeNewswire GlobeNewswire 12-11-2018

goeasy Ltd. Closes US$550 Million Offering of Senior Unsecured Notes

By GlobeNewswire GlobeNewswire 11-27-2019

goeasy Ltd. Announces Closing of C$46 Million Common Share Offering

By GlobeNewswire GlobeNewswire 10-10-2018

goeasy Ltd. Announces New $200 Million Securitization Facility

By GlobeNewswire GlobeNewswire 12-10-2020