Pretax income is the income that a company earns before paying income taxes. Global Medical REIT's pretax income for the
three
months ended in Dec. 2023 was $0.6 Mil.
Its pretax income for the trailing twelve months (TTM) ended in Dec. 2023 was $21.7 Mil.
Global Medical REIT's pretax margin was 1.67%.
During the past 13 years, Global Medical REIT's highest Pretax Margin was 27.40%. The lowest was -171.58%. And the median was 6.66%.
Global Medical REIT Pre-Tax Income Historical Data
The historical data trend for Global Medical 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.
Competitive Comparison of Global Medical REIT's Pre-Tax Income
For the REIT - Healthcare Facilities subindustry, Global Medical 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.
Global Medical REIT's Pre-Tax Income Distribution in the REITs Industry
For the REITs industry and Real Estate sector, Global Medical REIT's Pre-Tax Income distribution charts can be found below:
* The bar in red indicates where Global Medical REIT's Pre-Tax Income falls into.
Global Medical REIT Pre-Tax Income Calculation
This is the income that a company earns before paying income taxes.
Global Medical REIT's Pretax Income for the fiscal year that ended in Dec. 2023 is calculated as
Pre-Tax Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $21.7 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.
Global Medical REIT (NYSE:GMRE) Pre-Tax Income Explanation
Global Medical REIT's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as
During the past 13 years, Global Medical REIT's highest Pretax Margin was 27.40%. The lowest was -171.58%. And the median was 6.66%.
* 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.
Global Medical REIT Pre-Tax Income Related Terms
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Global Medical REIT (Global Medical REIT) Business Description
Global Medical REIT Inc is a Maryland corporation engaged primarily in the acquisition of purpose-built healthcare facilities and the leasing of those facilities to strong healthcare systems and physician groups. Its healthcare facilities are located in secondary markets and suburbs of primary markets and are typically leased to single-tenants under triple-net leases. Its tenants are physician groups, regional or national healthcare systems or combinations thereof. The company's principal business objective is to provide attractive, risk-adjusted returns to its stockholders through a combination of reliable dividends and long-term capital appreciation.
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