AGFMF (AGF Management) Pretax Margin % : 21.77% (As of Aug. 2024)

View and export this data going back to . Start your Free Trial

What is AGF Management Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. AGF Management's Pre-Tax Income for the three months ended in Aug. 2024 was $21.1 Mil. AGF Management's Revenue for the three months ended in Aug. 2024 was $96.8 Mil. Therefore, AGF Management's pretax margin for the quarter that ended in Aug. 2024 was 21.77%.

The historical rank and industry rank for AGF Management's Pretax Margin % or its related term are showing as below:

AGFMF' s Pretax Margin % Range Over the Past 10 Years
Min: 11.54 Med: 15.03 Max: 49.97
Current: 23.63

AGFMF's Pretax Margin % is ranked worse than
75.64% of 1642 companies
in the Asset Management industry
Industry Median: 91.43 vs AGFMF: 23.63

AGF Management Pretax Margin % Historical Data

The historical data trend for AGF Management's Pretax Margin % 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.

* Premium members only.

AGF Management Pretax Margin % Chart

AGF Management Annual Data

Trend

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Pretax Margin %

Get a 7-Day Free Trial

14.55

49.97

11.54

19.46

25.60

AGF Management Quarterly Data
	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24
Pretax Margin %	Get a 7-Day Free Trial															26.80	20.34	36.21	17.13	21.77

Competitive Comparison of AGF Management's Pretax Margin %

For the Asset Management subindustry, AGF Management's Pretax Margin %, along with its competitors' market caps and Pretax Margin % 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.

AGF Management's Pretax Margin % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, AGF Management's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where AGF Management's Pretax Margin % falls into.

AGF Management Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

AGF Management's Pretax Margin for the fiscal year that ended in Nov. 2023 is calculated as

Pretax Margin	=	Pre-Tax Income (A: Nov. 2023 )	/	Revenue (A: Nov. 2023 )
	=	83.913	/	327.73
	=	25.60 %

AGF Management's Pretax Margin for the quarter that ended in Aug. 2024 is calculated as

Pretax Margin	=	Pre-Tax Income (Q: Aug. 2024 )	/	Revenue (Q: Aug. 2024 )
	=	21.079	/	96.84
	=	21.77 %

AGF Management (OTCPK:AGFMF) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.

AGF Management Pretax Margin % Related Terms

Thank you for viewing the detailed overview of AGF Management's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.

AGF Management Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » AGF Management Ltd (OTCPK:AGFMF) » Definitions » Pretax Margin %

Comparable Companies

Traded in Other Exchanges

A3J:Germany AGF.B:Canada

Address

81 Bay Street, Suite 3900, CIBC SQUARE, Tower One, Toronto, ON, CAN, M5J 0G1

Website

https://www.agf.com

AGF Management is predominantly a Canadian-based independent asset manager (with some very minor operations and investments in the US, the UK, Ireland, and Asia). At the end of October 2024, the firm had CAD 51.5 billion in total assets under management, or AUM, derived from its retail (CAD 29.2 billion), institutional/sub-advised (CAD 14.0 billion), and high-net worth (CAD 8.4 billion) channels. AGF Management's funds are weighted more heavily toward equities, with roughly three quarters of the firm's reported retail AUM being equity-related. That said, the company does use fundamental, quantitative, and alternative strategies to manage its investment funds.