PFD (Flaherty & Crumrine Prefd Fund) Pre-Tax Income: $14.97 Mil (TTM As of May. 2026)

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PFD Flaherty & Crumrine Prefd Inc Fund Inc PFD
32 GF Score
Price $11.37
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What is Flaherty & Crumrine Prefd Fund Pre-Tax Income?

Flaherty & Crumrine Prefd Fund PFD -0.61% 32 Pre-Tax Income is $14.97 Mil as of May. 2026. GuruFocus rates PFD with a GF Score™ of 32/100. The stock has 5 warning signs investors should review.

Pretax income is the income that a company earns before paying income taxes. Flaherty & Crumrine Prefd Fund's pretax income for the six months ended in May. 2026 was $3.48 Mil. Its pretax income for the trailing twelve months (TTM) ended in May. 2026 was $14.97 Mil. Flaherty & Crumrine Prefd Fund's pretax margin was 90.96%.

During the past 9 years, Flaherty & Crumrine Prefd Fund's highest Pretax Margin was 108.79%. The lowest was 74.34%. And the median was 97.14%.


Flaherty & Crumrine Prefd Fund  (NYSE:PFD) Pre-Tax Income Explanation

Flaherty & Crumrine Prefd Fund's Pretax Margin for the quarter that ended in May. 2026 is calculated as

Pretax Margin=Pretax Income/Revenue
=3.48/3.826
=90.96%

During the past 9 years, Flaherty & Crumrine Prefd Fund's highest Pretax Margin was 108.79%. The lowest was 74.34%. And the median was 97.14%.

* 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.


Flaherty & Crumrine Prefd Fund Pre-Tax Income Related Terms


Flaherty & Crumrine Prefd Fund Pre-Tax Income Historical Data

* Premium members only.

The historical data trend for Flaherty & Crumrine Prefd Fund'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.

Flaherty & Crumrine Prefd Fund Pre-Tax Income Chart

Flaherty & Crumrine Prefd Fund Annual Data
Trend Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Pre-Tax Income
Get a 7-Day Free Trial Premium Member Only 12.25 -28.90 1.93 28.15 12.50

Flaherty & Crumrine Prefd Fund Semi-Annual Data
Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24 May25 Nov25 May26
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 14.87 13.28 1.01 11.49 3.48

PFD vs MSD, EVG, MPA: Pre-Tax Income Comparison

For the Asset Management subindustry, Flaherty & Crumrine Prefd Fund'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.


Flaherty & Crumrine Prefd Fund Pre-Tax Income vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Flaherty & Crumrine Prefd Fund's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Flaherty & Crumrine Prefd Fund's Pre-Tax Income falls into.


PFD
32GF Score
Flaherty & Crumrine Prefd Inc Fund Inc PFD
Pre-Tax Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Flaherty & Crumrine Prefd Fund Pre-Tax Income Calculation

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

Flaherty & Crumrine Prefd Fund's Pretax Income for the fiscal year that ended in Nov. 2025 is calculated as

Pretax Income=Operating Income+Other
=0+12.496
=12.50

Flaherty & Crumrine Prefd Fund's Pretax Income for the quarter that ended in May. 2026 is calculated as

Pretax Income=Operating Income+Other
=0+3.48
=3.48

Pre-Tax Income for the trailing twelve months (TTM) ended in May. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was $14.97 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 $14.97 Mil mean?
Flaherty & Crumrine Prefd Fund (PFD) has a Pre-Tax Income of $14.97 Mil as of May. 2026. Pre-Tax Income is the total earnings before taxes but after all operating and interest expenses. View historical data on Flaherty & Crumrine Prefd Fund and its competitors.
Is Flaherty & Crumrine Prefd Fund's Pre-Tax Income too high?
Flaherty & Crumrine Prefd Fund's current Pre-Tax Income is $14.97 Mil. Overall, Flaherty & Crumrine Prefd Fund has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does Flaherty & Crumrine Prefd Fund's Pre-Tax Income compare to MSD and EVG?
Flaherty & Crumrine Prefd Fund's Pre-Tax Income of $14.97 Mil can be compared against companies in the Asset Management 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 an Asset Management company?
A good Pre-Tax Income depends on the Asset Management 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 Flaherty & Crumrine Prefd Fund and its competitors. Flaherty & Crumrine Prefd Fund's current Pre-Tax Income is $14.97 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Flaherty & Crumrine Prefd Fund stock overvalued right now?
Flaherty & Crumrine Prefd Fund (PFD) has a current Pre-Tax Income of $14.97 Mil. The current Pre-Tax Income is $14.97 Mil. Flaherty & Crumrine Prefd Fund's overall GF Score™ is 32/100 with 5 warning signs to review. 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 Flaherty & Crumrine Prefd Fund (PFD), the current Pre-Tax Income is $14.97 Mil as of May. 2026. 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.

Flaherty & Crumrine Prefd Fund Business Description

Address 301 E. Colorado Boulevard, Suite 800, Pasadena, CA, USA, 91101
Flaherty & Crumrine Prefd Inc Fund Inc is a United States-based diversified, closed-end management investment company. Its investment objective is to provide its common shareholders with high current income consistent with the preservation of capital. The fund invests in a diversified portfolio of preferred securities, which includes traditional preferred stocks eligible for the inter-corporate dividends received a deduction and fully taxable preferred securities.
32GF Score

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Pre-Tax Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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