GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » New York Mortgage Trust Inc (NAS:NYMT) » Definitions » Pretax Margin %

New York Mortgage Trust (New York Mortgage Trust) Pretax Margin % : 24.15% (As of Dec. 2023)


View and export this data going back to 2004. Start your Free Trial

What is New York Mortgage Trust Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. New York Mortgage Trust's Pre-Tax Income for the three months ended in Dec. 2023 was $32.9 Mil. New York Mortgage Trust's Revenue for the three months ended in Dec. 2023 was $136.1 Mil. Therefore, New York Mortgage Trust's pretax margin for the quarter that ended in Dec. 2023 was 24.15%.

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

NYMT' s Pretax Margin % Range Over the Past 10 Years
Min: -3360.41   Med: 69.05   Max: 138.45
Current: -25.09


NYMT's Pretax Margin % is ranked worse than
82.41% of 796 companies
in the REITs industry
Industry Median: 33.985 vs NYMT: -25.09

New York Mortgage Trust Pretax Margin % Historical Data

The historical data trend for New York Mortgage Trust'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.

New York Mortgage Trust Pretax Margin % Chart

New York Mortgage Trust 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 77.75 138.45 63.45 -3,360.41 -25.18

New York Mortgage Trust 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 -98.57 15.11 -51.50 -469.27 24.15

Competitive Comparison of New York Mortgage Trust's Pretax Margin %

For the REIT - Mortgage subindustry, New York Mortgage Trust'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.


New York Mortgage Trust's Pretax Margin % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, New York Mortgage Trust's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where New York Mortgage Trust's Pretax Margin % falls into.



New York Mortgage Trust 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.

New York Mortgage Trust'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 )
=-77.724/308.667
=-25.18 %

New York Mortgage Trust'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 )
=32.865/136.096
=24.15 %

* 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.


New York Mortgage Trust  (NAS:NYMT) 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.


New York Mortgage Trust Pretax Margin % Related Terms

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


New York Mortgage Trust (New York Mortgage Trust) Business Description

Traded in Other Exchanges
Address
90 Park Avenue, New York, NY, USA, 10016
New York Mortgage Trust Inc is a real estate investment trust for federal income tax purposes, in the business of acquiring, investing in, financing and managing mortgage-related and residential housing-related assets. The company's investment portfolio consists of Structured multi-family property investments such as multi-family CMBS an preferred equity in, and mezzanine loans to owners of multi-family properties. Distressed residential assets such as residential mortgage loans sourced from distressed markets and non-Agency RMBS. Second mortgages, Agency RMBS, and certain other mortgage-related and residential housing-related assets.
Executives
Nicholas Mah officer: President 90 PARK AVENUE, FLOOR 23, NEW YORK NY 10016
Gena Cheng director 401 EAST JACKSON STREET, SUITE 3300, TAMPA FL 33602
Audrey Greenberg director 90 PARK AVENUE, FLOOR 23, NEW YORK NY 10016
Steven G Norcutt director 1301 AVENUE OF THE AMERICAS, 7TH FLOOR, NEW YORK NY 10019
Steven R Mumma officer: Chief Operating Officer and VP 1301 AVENUE OF THE AMERICAS, 7TH FLOOR, NEW YORK NY 10019
Nathan R Reese officer: Vice President and Secretary C/O NEW YORK MORTGAGE TRUST, INC., 52 VANDERBILT AVENUE, SUITE 403, NEW YORK NY 10017
Kristine Rimando Nario officer: Chief Financial Officer 275 MADISON AVENUE, SUITE 3200, NEW YORK NY 10016
Jason T Serrano officer: President 275 MADISON AVENUE, NEW YORK NY 10016
Alan L Hainey director 1301 AVENUE OF THE AMERICAS, 7TH FLOOR, NEW YORK NY 10019
Lisa A Pendergast director 275 MADISON AVENUE, NEW YORK NY 10016
Michael B. Clement director 275 MADISON AVENUE, NEW YORK NY 10016
Kevin M. Donlon officer: President 227 WEST TRADE STREET, SUITE 900, CHARLOTTE NC 28202
Douglas E Neal director 52 VANDERBILT AVENUE, SUITE 403, NEW YORK NY 10017
Jmp Asset Management Llc 10 percent owner 600 MONTGOMERY STREET, SUITE 1100, SAN FRANCISCO CA 94111
Fredric S. Starker officer: Chief Financial Officer 52 VANDERBILT AVENUE, SUITE 403, NEW YORK NY 10017