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City Office REIT (City Office REIT) Pre-Tax Income : $-3.4 Mil (TTM As of Mar. 2024)


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What is City Office REIT Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. City Office REIT's pretax income for the three months ended in Mar. 2024 was $-0.5 Mil. Its pretax income for the trailing twelve months (TTM) ended in Mar. 2024 was $-3.4 Mil. City Office REIT's pretax margin was -1.02%.

During the past 13 years, City Office REIT's highest Pretax Margin was 295.83%. The lowest was -13.93%. And the median was 2.38%.


City Office REIT Pre-Tax Income Historical Data

The historical data trend for City Office REIT's Pre-Tax Income 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.

City Office REIT Pre-Tax Income Chart

City Office REIT Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pre-Tax Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.44 5.13 485.28 17.68 -2.04

City Office REIT Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Pre-Tax Income 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 0.87 -0.52 0.13 -2.52 -0.45

Competitive Comparison of City Office REIT's Pre-Tax Income

For the REIT - Office subindustry, City Office REIT's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income 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.


City Office REIT's Pre-Tax Income Distribution in the REITs Industry

For the REITs industry and Real Estate sector, City Office REIT's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where City Office REIT's Pre-Tax Income falls into.



City Office REIT Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

City Office REIT's Pretax Income for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=31.271+-0.134+-31.876+0+-1.296
=-2.0

City Office REIT's Pretax Income for the quarter that ended in Mar. 2024 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=7.963+0+-8.098+0+-0.319
=-0.5

Pre-Tax Income for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-3.4 Mil.

* 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.


City Office REIT  (NYSE:CIO) Pre-Tax Income Explanation

City Office REIT's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pretax Income/Revenue
=-0.454/44.493
=-1.02%

During the past 13 years, City Office REIT's highest Pretax Margin was 295.83%. The lowest was -13.93%. And the median was 2.38%.

* 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.


City Office REIT Pre-Tax Income Related Terms

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City Office REIT (City Office REIT) Business Description

Traded in Other Exchanges
Address
666 Burrard Street, Suite 3210, Vancouver, BC, CAN, V6C 2X8
City Office REIT Inc is a real estate investment trust. It is focused on acquiring, owning, and operating high-quality office properties located predominantly in Sun Belt markets. The company owns office buildings in the metropolitan areas of Dallas, Denver, Orlando, Phoenix, Portland, Raleigh, San Diego, Seattle, and Tampa.
Executives
Michael Mazan director 3210-666 BURRARD STREET, VANCOUVER A1 V6C2X8
William R Flatt director 188 E. CAPITOL STREET, SUITE 1000, JACKSON MS 39201
Anthony Maretic officer: Chief Financial Officer 1075 WEST GEORGIA STREET, SUITE 2600, VANCOUVER A1 V6E 3C9
James Thomas Farrar director, officer: Chief Executive Officer 1075 WEST GEORGIA STREET, SUITE 2600, VANCOUVER A1 V6E 3C9
Stephen B Shraiberg director 1331 SEVENTEENTH STREET, STE. 300, DENVER CO 80202
Gregory Tylee officer: See Remarks 1075 WEST GEORGIA STREET, SUITE 2600, VANCOUVER A1 V6E 3C9
John Sweet director SUITE 2990, 500 NORTH AKARD STREET, DALLAS TX 75201
Sabah Mirza director 27 FASKEN DRIVE, TORONTO A6 M9W1K6
Mark Wilhelm Murski director 1312 CLEAVER DRIVE, OAKVILLE A6 L6J IW4
John R. Mclernon director 200 GRANVILLE STREET, 19TH FLOOR, VANCOUVER A1 V6C 2R6
Jeffrey David Kohn director 1029 17 AVE SW, SUITE 200, CALGARY A0 T2T 0A9
Samuel Belzberg 10 percent owner