WHF (WhiteHorse Finance) Pre-Tax Income: $18.08 Mil (TTM As of Jun. 2026)

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WHF WhiteHorse Finance Inc WHF
42 GF Score
Price $7.26
GF Value $13.03
Valuation Possible Value Trap
! 5 Warning Signs
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What is WhiteHorse Finance Pre-Tax Income?

WhiteHorse Finance WHF +2.91% 42 Pre-Tax Income is $18.08 Mil as of Jun. 2026. GuruFocus rates WHF with a GF Score™ of 42/100 and a GF Value™ of $13.03 (Possible Value Trap). The stock has 5 warning signs investors should review.

Pretax income is the income that a company earns before paying income taxes. WhiteHorse Finance's pretax income for the three months ended in Jun. 2026 was $10.45 Mil. Its pretax income for the trailing twelve months (TTM) ended in Jun. 2026 was $18.08 Mil. WhiteHorse Finance's pretax margin was 90.03%.

During the past 13 years, WhiteHorse Finance's highest Pretax Margin was 95.01%. The lowest was 70.03%. And the median was 89.00%.


WhiteHorse Finance  (NAS:WHF) Pre-Tax Income Explanation

WhiteHorse Finance's Pretax Margin for the quarter that ended in Jun. 2026 is calculated as

Pretax Margin=Pretax Income/Revenue
=10.451/11.608
=90.03%

During the past 13 years, WhiteHorse Finance's highest Pretax Margin was 95.01%. The lowest was 70.03%. And the median was 89.00%.

* 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.


WhiteHorse Finance Pre-Tax Income Related Terms


WhiteHorse Finance Pre-Tax Income Historical Data

* Premium members only.

The historical data trend for WhiteHorse Finance'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.

WhiteHorse Finance Pre-Tax Income Chart

WhiteHorse Finance Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Pre-Tax Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 31.10 16.71 21.38 11.97 15.00

WhiteHorse Finance Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 Premium Member Only Premium Member Only 2.44 -0.37 8.56 -0.56 10.45

WHF vs GRX, MPA, EVG: Pre-Tax Income Comparison

For the Asset Management subindustry, WhiteHorse Finance'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.


WhiteHorse Finance Pre-Tax Income vs Asset Management Industry

For the Asset Management industry and Financial Services sector, WhiteHorse Finance's Pre-Tax Income distribution charts can be found below:

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


WHF
42GF Score
WhiteHorse Finance Inc WHF
Pre-Tax Income is just one metric. See GF Score™, valuation, warning signs, and more.
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WhiteHorse Finance Pre-Tax Income Calculation

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

WhiteHorse Finance's Pretax Income for the fiscal year that ended in Dec. 2025 is calculated as

Pretax Income=Operating Income+Other
=0+14.999
=15.00

WhiteHorse Finance's Pretax Income for the quarter that ended in Jun. 2026 is calculated as

Pretax Income=Operating Income+Other
=0+10.451
=10.45

Pre-Tax Income for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $18.08 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 $18.08 Mil mean?
WhiteHorse Finance (WHF) has a Pre-Tax Income of $18.08 Mil as of Jun. 2026. Pre-Tax Income is the total earnings before taxes but after all operating and interest expenses. View historical data on WhiteHorse Finance and its competitors.
Is WhiteHorse Finance's Pre-Tax Income too high?
WhiteHorse Finance's current Pre-Tax Income is $18.08 Mil. Overall, WhiteHorse Finance has a GF Score™ of 42/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does WhiteHorse Finance's Pre-Tax Income compare to GRX and MPA?
WhiteHorse Finance's Pre-Tax Income of $18.08 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 WhiteHorse Finance and its competitors. WhiteHorse Finance's current Pre-Tax Income is $18.08 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is WhiteHorse Finance stock overvalued right now?
Based on GuruFocus' analysis, WhiteHorse Finance (WHF) is currently considered Possible Value Trap. The stock's GF Value™ is $13.03, compared to a current price of $7.26 — trading 44.3% below its estimated fair value. The current Pre-Tax Income is $18.08 Mil. WhiteHorse Finance's overall GF Score™ is 42/100 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 WhiteHorse Finance (WHF), the current Pre-Tax Income is $18.08 Mil as of Jun. 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.

Is WhiteHorse Finance (WHF) Overvalued in 2026?

Based on GuruFocus' analysis, WhiteHorse Finance stock appears to be undervalued. The current stock price of $7.26 is trading 44.3% below its estimated GF Value™ of $13.03. GuruFocus considers WhiteHorse Finance to be Possible Value Trap.

Key valuation signals for WHF:

  • Pre-Tax Income: $18.08 Mil
  • GF Value™: $13.03 vs. price of $7.26 (44.3% below fair value)
  • GF Score™: 42/100 with 5 warning signs

No single metric tells the full story. See the WHF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


WhiteHorse Finance Business Description

Other Exchanges M9X:Germany
Address 1450 Brickell Avenue, 31st Floor, Miami, FL, USA, 33131
WhiteHorse Finance Inc is a non-diversified, closed-end management investment company. It makes debt investments in privately held; small-cap companies located in United States. Its investment objective is to generate risk-adjusted returns by originating and investing in senior secured loans, including first lien and second lien facilities, to performing lower middle market companies across a range of industries.
42GF Score

Get the complete analysis for WHF

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

$7.26
Price
$13.03
GF Value