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Trade Estates Real Estate Investment Co (ATH:TRESTATES) Pretax Margin % : 72.18% (As of Jun. 2024)


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What is Trade Estates Real Estate Investment Co Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Trade Estates Real Estate Investment Co's Pre-Tax Income for the six months ended in Jun. 2024 was €14.57 Mil. Trade Estates Real Estate Investment Co's Revenue for the six months ended in Jun. 2024 was €20.19 Mil. Therefore, Trade Estates Real Estate Investment Co's pretax margin for the quarter that ended in Jun. 2024 was 72.18%.

The historical rank and industry rank for Trade Estates Real Estate Investment Co's Pretax Margin % or its related term are showing as below:

ATH:TRESTATES' s Pretax Margin % Range Over the Past 10 Years
Min: 114.54   Med: 135.49   Max: 150.3
Current: 114.54


ATH:TRESTATES's Pretax Margin % is ranked better than
90.94% of 916 companies
in the REITs industry
Industry Median: 38.16 vs ATH:TRESTATES: 114.54

Trade Estates Real Estate Investment Co Pretax Margin % Historical Data

The historical data trend for Trade Estates Real Estate Investment Co'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.

Trade Estates Real Estate Investment Co Pretax Margin % Chart

Trade Estates Real Estate Investment Co Annual Data
Trend Dec21 Dec22 Dec23
Pretax Margin %
- 120.68 150.30

Trade Estates Real Estate Investment Co Semi-Annual Data
Jun22 Dec22 Jun23 Dec23 Jun24
Pretax Margin % 146.37 100.16 122.94 171.99 72.18

Competitive Comparison of Trade Estates Real Estate Investment Co's Pretax Margin %

For the REIT - Office subindustry, Trade Estates Real Estate Investment Co'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.


Trade Estates Real Estate Investment Co's Pretax Margin % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Trade Estates Real Estate Investment Co's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Trade Estates Real Estate Investment Co's Pretax Margin % falls into.



Trade Estates Real Estate Investment Co 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.

Trade Estates Real Estate Investment Co's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=40.112/26.688
=150.30 %

Trade Estates Real Estate Investment Co'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 )
=14.57/20.187
=72.18 %

* 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.


Trade Estates Real Estate Investment Co  (ATH:TRESTATES) 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.


Trade Estates Real Estate Investment Co Pretax Margin % Related Terms

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Trade Estates Real Estate Investment Co Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
3 Ch. Sabag - S, Khouri, Marousi, Athens, GRC, 15125
Trade Estates Real Estate Investment Co is engaged in acquisition and management of real estate property, the right to purchase property by preliminary agreement and in general the carrying out investments. It operates in real estate investments both in Greece and abroad, such as in Cyprus and Bulgaria.

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