Westfield Trust (ASX:WFT) Pre-Tax Income: A$573.20 Mil (TTM As of Dec. 2003)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Westfield Trust Pre-Tax Income?

Westfield Trust ASX:WFT Pre-Tax Income is A$573.20 Mil as of Dec. 2003.

Pretax income is the income that a company earns before paying income taxes. Westfield Trust's pretax income for the six months ended in Dec. 2003 was A$309.30 Mil. Its pretax income for the trailing twelve months (TTM) ended in Dec. 2003 was A$573.20 Mil. Westfield Trust's pretax margin was 57.26%.


Westfield Trust  (ASX:WFT) Pre-Tax Income Explanation

Westfield Trust's Pretax Margin for the quarter that ended in Dec. 2003 is calculated as

Pretax Margin=Pretax Income/Revenue
=309.3/540.2
=57.26%

* 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.


Westfield Trust Pre-Tax Income Related Terms


Westfield Trust Pre-Tax Income Historical Data

* Premium members only.

The historical data trend for Westfield Trust'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.

Westfield Trust Pre-Tax Income Chart

Westfield Trust Annual Data
Trend Dec96 Dec97 Dec98 Dec99 Dec00 Dec01 Dec02 Dec03
Pre-Tax Income
Get a 7-Day Free Trial 357.20 479.10 446.80 481.80 573.20

Westfield Trust Semi-Annual Data
Jun99 Jun01 Dec01 Jun02 Dec02 Jun03 Dec03
Pre-Tax Income Get a 7-Day Free Trial 229.60 237.50 244.30 263.90 309.30

Westfield Trust Pre-Tax Income Competitor Comparison

For the Real Estate - Development subindustry, Westfield Trust'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.


Westfield Trust Pre-Tax Income vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Westfield Trust's Pre-Tax Income distribution charts can be found below:

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



Westfield Trust Pre-Tax Income Calculation

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

Westfield Trust's Pretax Income for the fiscal year that ended in Dec. 2003 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=496.8++-218.4++294.8
=573.20

Westfield Trust's Pretax Income for the quarter that ended in Dec. 2003 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=420.1++-120.1++9.3
=309.30

Pre-Tax Income for the trailing twelve months (TTM) ended in Dec. 2003 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$573.20 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.

Frequently Asked Questions Learn more about Pre-Tax Income →
What does a Pre-Tax Income of A$573.20 Mil mean?
Westfield Trust (ASX:WFT) has a Pre-Tax Income of A$573.20 Mil as of Dec. 2003. Pre-Tax Income is the total earnings before taxes but after all operating and interest expenses. View historical data on Westfield Trust and its competitors.
Is Westfield Trust's Pre-Tax Income too high?
Westfield Trust's current Pre-Tax Income is A$573.20 Mil.
How does Westfield Trust's Pre-Tax Income compare to competitors?
Westfield Trust's Pre-Tax Income of A$573.20 Mil can be compared against companies in the Real Estate industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Pre-Tax Income for a Real Estate company?
A good Pre-Tax Income depends on the Real Estate industry context. However, Pre-Tax Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Pre-Tax Income mean?
A high Pre-Tax Income can signal that a stock is expensive relative to its fundamentals. Pre-Tax Income is the total earnings before taxes but after all operating and interest expenses. View historical data on Westfield Trust and its competitors. Westfield Trust's current Pre-Tax Income is A$573.20 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Westfield Trust stock overvalued right now?
Westfield Trust (ASX:WFT) has a current Pre-Tax Income of A$573.20 Mil. The current Pre-Tax Income is A$573.20 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pre-Tax Income calculated?
Pre-Tax Income is calculated from a company's financial statements. For Westfield Trust (ASX:WFT), the current Pre-Tax Income is A$573.20 Mil as of Dec. 2003. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Westfield Trust Business Description

Westfield Trust was an Australian listed property trust that held interests in a portfolio of shopping centres across Australia and New Zealand. Its properties comprised regional and super-regional malls, with tenants including national department stores, discount department stores, supermarkets, and specialty retailers. The trust generated revenue primarily from rental income and property management fees, with additional income from development and redevelopment activities. Westfield Trust was managed by Westfield Management Limited, part of the Westfield Group, and was one of the entities through which the Westfield group held its Australian and New Zealand shopping centre assets. In 2004, Westfield Trust was merged with Westfield America Trust and Westfield Holdings Limited to form Westfield Group, a stapled security structure. The Westfield Group was subsequently restructured in 2014, separating its Australian and New Zealand operations into Scentre Group.