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Cowen (COWN) Pre-Tax Income : $77 Mil (TTM As of Dec. 2022)


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What is Cowen Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. Cowen's pretax income for the three months ended in Dec. 2022 was $8 Mil. Its pretax income for the trailing twelve months (TTM) ended in Dec. 2022 was $77 Mil. Cowen's pretax margin was 1.87%.

During the past 13 years, Cowen's highest Pretax Margin was 19.22%. The lowest was -6.68%. And the median was 5.83%.


Cowen Pre-Tax Income Historical Data

The historical data trend for Cowen'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.

Cowen Pre-Tax Income Chart

Cowen Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Pre-Tax Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 95.60 70.72 297.44 406.03 76.64

Cowen Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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 85.16 67.04 5.09 -3.22 7.73

Competitive Comparison of Cowen's Pre-Tax Income

For the Capital Markets subindustry, Cowen'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.


Cowen's Pre-Tax Income Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Cowen's Pre-Tax Income distribution charts can be found below:

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



Cowen Pre-Tax Income Calculation

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

Cowen's Pretax Income for the fiscal year that ended in Dec. 2022 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=94.437+-17.796+0+0+1.4210854715202E-14
=77

Cowen's Pretax Income for the quarter that ended in Dec. 2022 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=19.732+-11.998+0+0+0
=8

Pre-Tax Income for the trailing twelve months (TTM) ended in Dec. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $77 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.


Cowen  (NAS:COWN) Pre-Tax Income Explanation

Cowen's Pretax Margin for the quarter that ended in Dec. 2022 is calculated as

Pretax Margin=Pretax Income/Revenue
=7.734/413.927
=1.87%

During the past 13 years, Cowen's highest Pretax Margin was 19.22%. The lowest was -6.68%. And the median was 5.83%.

* 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.


Cowen Pre-Tax Income Related Terms

Thank you for viewing the detailed overview of Cowen's Pre-Tax Income provided by GuruFocus.com. Please click on the following links to see related term pages.


Cowen (COWN) Business Description

Traded in Other Exchanges
N/A
Address
599 Lexington Avenue, 20th Floor, New York, NY, USA, 10022
Cowen provides financial services in two segments: the operating company, which includes Cowen Investment Management, investment banking, the markets division, and the research division; and the asset company, which consists of private investments, real estate investments and other legacy investment strategies. Cowen offers investment management services to institutional investors worldwide. The company offers its investment banking and research services to corporations and institutional investors in the U.S. and Europe. Revenue comes primarily through investment banking and brokerage services.
Executives
Lorence H. Kim director C/O SERES HEALTH, INC., 161 FIRST STREET, CAMBRIDGE MA 02472
Brett H Barth director COWEN INC., 599 LEXINGTON AVENUE, NEW YORK NY 10022
Stephen Lasota officer: Chief Financial Officer 599 LEXINGTON AVENUE, NEW YORK NY 10022
John J Holmes officer: Chief Administrative Officer COWEN GROUP, INC., 599 LEXINGTON AVENUE, NEW YORK NY 10022
Owen S Littman officer: General Counsel COWEN GROUP, INC., 599 LEXINGTON AVENUE, NEW YORK NY 10022
Jeffrey M Solomon 10 percent owner, officer: Chmn Inv Comm/Prod Dev 599 LEXINGTON AVENUE 20TH FLOOR, NEW YORK NY 10022
Gregg A Gonsalves director C/O CEDAR REALTY TRUST, INC., 44 SOUTH BAYLES AVENUE, PORT WASHINGTON NY 11050
Lawrence E Leibowitz director C/O NYSE EURONEXT, 11 WALL STREET, NEW YORK NY 10005
Margaret L Poster director C/O COWEN INC., 599 LEXINGTON AVENUE, NEW YORK NY 10022
Peter A Cohen director, 10 percent owner, officer: Chairman, CEO, President 40 WEST 57TH STREET, SUITE 2020, NEW YORK NY 10019
Douglas Rediker director 599 LEXINGON AVENUE, NEW YORK NY 11022
Michael Singer officer: CEO & President, Ramius LLC 599 LEXINGTON AVENUE, NEW YORK NY 10022
Jerome S Markowitz director C/O COUGAR TRADING, 375 PARK AVENUE, NEW YORK NY 10021
Labranche George M L Iv director, officer: Senior Managing Director ONE EXCHANGE PLAZA, NEW YORK NY 10006-3008
Labranche & Co Inc other: See Footnotes (1) and (2) ONE EXCHANGE PLAZA, NEW YORK NY 10006-3008