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Platinum Asset Management (ASX:PTM) Pretax Margin % : 24.09% (As of Jun. 2024)


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What is Platinum Asset Management Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Platinum Asset Management's Pre-Tax Income for the six months ended in Jun. 2024 was A$21.5 Mil. Platinum Asset Management's Revenue for the six months ended in Jun. 2024 was A$89.2 Mil. Therefore, Platinum Asset Management's pretax margin for the quarter that ended in Jun. 2024 was 24.09%.

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

ASX:PTM' s Pretax Margin % Range Over the Past 10 Years
Min: 39.51   Med: 77.03   Max: 84.03
Current: 39.51


ASX:PTM's Pretax Margin % is ranked worse than
70.12% of 1643 companies
in the Asset Management industry
Industry Median: 91.36 vs ASX:PTM: 39.51

Platinum Asset Management Pretax Margin % Historical Data

The historical data trend for Platinum Asset 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.

Platinum Asset Management Pretax Margin % Chart

Platinum Asset Management 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 75.97 82.11 58.52 54.30 39.51

Platinum Asset Management Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 52.58 52.14 56.30 53.85 24.09

Competitive Comparison of Platinum Asset Management's Pretax Margin %

For the Asset Management subindustry, Platinum Asset 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.


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

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

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



Platinum Asset 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.

Platinum Asset Management'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 )
=73.144/185.128
=39.51 %

Platinum Asset Management's Pretax Margin for the quarter that ended in Jun. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Jun. 2024 )/Revenue (Q: Jun. 2024 )
=21.492/89.202
=24.09 %

* 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.


Platinum Asset Management  (ASX:PTM) 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.


Platinum Asset Management Pretax Margin % Related Terms

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Platinum Asset Management Business Description

Traded in Other Exchanges
Address
Level 8, 7 Macquarie Place, Sydney, NSW, AUS, 2000
Platinum Asset Management is an Australian-based niche fund manager with a specialty in international equities founded in 1994. It offers region and industry-specific funds in addition to global portfolios. There is flexibility in the investment strategies at Platinum, with funds having the option to engage in short-selling, taking positions in foreign exchange markets, and derivative-based activities to manage risk and aid performance.

Platinum Asset Management Headlines