Switch to:
GuruFocus has detected 7 Warning Signs with HCP Inc $HCP.
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.
HCP Inc (NYSE:HCP)
Pre-Tax Income
$648 Mil (TTM As of Mar. 2017)

Pretax income is the income that a company earns before paying income taxes. HCP Inc's pretax income for the three months ended in Mar. 2017 was $455 Mil. Its pretax income for the trailing twelve months (TTM) ended in Mar. 2017 was $648 Mil. HCP Inc's pretax margin was 92.40%.

During the past 13 years, HCP Inc's highest Pretax Margin was 40.57%. The lowest was 7.02%. And the median was 18.69%.


Definition

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

HCP Inc's Pretax Income for the fiscal year that ended in Dec. 2016 is calculated as

Pretax Income=Operating Income+Non-Recurring Items+Interest Expense+Interest Income+Other
=244.952+33.524+-464.403+88.808+464.403
=367

HCP Inc's Pretax Income for the quarter that ended in Mar. 2017 is calculated as

Pretax Income=Operating Income+Non-Recurring Items+Interest Expense+Interest Income+Other
=86.28+350.135+-86.718+18.331+86.718
=455

HCP Inc Pre-Tax Income for the trailing twelve months (TTM) ended in Mar. 2017 was 303.906 (Jun. 2016 ) + 153.879 (Sep. 2016 ) + -264.192 (Dec. 2016 ) + 454.746 (Mar. 2017 ) = $648 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Explanation

HCP Inc's Pretax Margin for the quarter that ended in Mar. 2017 is calculated as

Pretax Margin=Pretax Income/Revenue
=454.746/492.168
=92.40%

During the past 13 years, HCP Inc's highest Pretax Margin was 40.57%. The lowest was 7.02%. And the median was 18.69%.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Related Terms

Operating Income, Interest Expense, Interest Income, Non-Recurring Items, Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

HCP Inc Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
Pretax Income 135232100383491745852274136367

HCP Inc Quarterly Data

Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16Mar17
Pretax Income -396-25115113510156304154-264455
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)

GF Chat

FEEDBACK