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CIT Group Pre-Tax Income

: $-703 Mil (TTM As of Dec. 2020)
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Pretax income is the income that a company earns before paying income taxes. CIT Group's pretax income for the three months ended in Dec. 2020 was $37 Mil. Its pretax income for the trailing twelve months (TTM) ended in Dec. 2020 was $-703 Mil. CIT Group's pretax margin was 5.78%.

During the past 13 years, CIT Group's highest Pretax Margin was 29.77%. The lowest was -33.46%. And the median was 9.36%.

CIT Group Pre-Tax Income Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are indicated in the company's associated stock exchange currency.

* Premium members only.

CIT Group Annual Data
Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Pre-Tax Income Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 20.90 191.60 637.00 623.90 -703.40

CIT Group Quarterly Data
Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
Pre-Tax Income 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 Premium Member Only Premium Member Only Premium Member Only 179.90 -696.60 -158.50 115.20 36.50
Competitive Comparison
* 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.

CIT Group Pre-Tax Income Distribution

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


CIT Group Pre-Tax Income Calculation

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

CIT Group's Pretax Income for the fiscal year that ended in Dec. 2020 is calculated as

Pretax Income=Operating Income+Other
=0+-703.4
=-703

CIT Group's Pretax Income for the quarter that ended in Dec. 2020 is calculated as

Pretax Income=Operating Income+Other
=0+36.5
=37

Pre-Tax Income for the trailing twelve months (TTM) ended in Dec. 2020 was -696.6 (Mar. 2020 ) + -158.5 (Jun. 2020 ) + 115.2 (Sep. 2020 ) + 36.5 (Dec. 2020 ) = $-703 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are indicated in the company's associated stock exchange currency.

CIT Group  (NYSE:CIT) Pre-Tax Income Explanation

CIT Group's Pretax Margin for the quarter that ended in Dec. 2020 is calculated as

Pretax Margin=Pretax Income/Revenue
=36.5/631.2
=5.78%

During the past 13 years, CIT Group's highest Pretax Margin was 29.77%. The lowest was -33.46%. And the median was 9.36%.

* All numbers are in millions except for per share data and ratio. All numbers are indicated in the company's associated stock exchange currency.

CIT Group Pre-Tax Income Related Terms

CIT Group Pre-Tax Income Headlines

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