GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Mirvac Group (ASX:MGR) » Definitions » Pretax Margin %

Mirvac Group (ASX:MGR) Pretax Margin % : 0.62% (As of Dec. 2024)


View and export this data going back to 1999. Start your Free Trial

What is Mirvac Group Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Mirvac Group's Pre-Tax Income for the six months ended in Dec. 2024 was A$7 Mil. Mirvac Group's Revenue for the six months ended in Dec. 2024 was A$1,131 Mil. Therefore, Mirvac Group's pretax margin for the quarter that ended in Dec. 2024 was 0.62%.

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

ASX:MGR' s Pretax Margin % Range Over the Past 10 Years
Min: -26.44   Med: 45.45   Max: 54.82
Current: -20.35


ASX:MGR's Pretax Margin % is ranked worse than
86.17% of 918 companies
in the REITs industry
Industry Median: 39.755 vs ASX:MGR: -20.35

Mirvac Group Pretax Margin % Historical Data

The historical data trend for Mirvac Group'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.

Mirvac Group Pretax Margin % Chart

Mirvac Group Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.21 52.53 43.82 -10.09 -26.44

Mirvac Group Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Pretax Margin % 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 29.37 -39.71 -15.75 -34.31 0.62

Competitive Comparison of Mirvac Group's Pretax Margin %

For the REIT - Diversified subindustry, Mirvac Group'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.


Mirvac Group's Pretax Margin % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Mirvac Group's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Mirvac Group's Pretax Margin % falls into.



Mirvac Group 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.

Mirvac Group's Pretax Margin for the fiscal year that ended in Jun. 2024 is calculated as

Pretax Margin=Pre-Tax Income (A: Jun. 2024 )/Revenue (A: Jun. 2024 )
=-780/2950
=-26.44 %

Mirvac Group's Pretax Margin for the quarter that ended in Dec. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Dec. 2024 )/Revenue (Q: Dec. 2024 )
=7/1131
=0.62 %

* 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.


Mirvac Group  (ASX:MGR) 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.


Mirvac Group Pretax Margin % Related Terms

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


Mirvac Group Business Description

Traded in Other Exchanges
Address
200 George Street, Level 28, Sydney, NSW, AUS, 2000
Mirvac started off as a residential property developer and over time expanded into property investment, funds management, and commercial property development. Investment is the major earnings driver, generating about two thirds of group earnings. The investment portfolio, by book value, is made up of 60% office, 20% retail, 15% industrial and the rest is build-to-rent and land lease assets. Longer-term, Mirvac aims to increase exposure to the industrial and living sectors and own fewer offices and retail centers. Development income is volatile and was around a third of fiscal 2024 group earnings. Besides developing apartments and houses, which Mirvac is best known for, it is also involved in commercial and mixed-use precinct developments.

Mirvac Group Headlines

No Headlines