GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario (BSP:MFII11) » Definitions » Pretax Margin %

Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario (BSP:MFII11) Pretax Margin % : 116.54% (As of Dec. 2023)


View and export this data going back to 2013. Start your Free Trial

What is Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario's Pre-Tax Income for the six months ended in Dec. 2023 was R$98.52 Mil. Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario's Revenue for the six months ended in Dec. 2023 was R$84.54 Mil. Therefore, Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario's pretax margin for the quarter that ended in Dec. 2023 was 116.54%.

The historical rank and industry rank for Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario's Pretax Margin % or its related term are showing as below:

BSP:MFII11' s Pretax Margin % Range Over the Past 10 Years
Min: -121.93   Med: 116.54   Max: 185.36
Current: 116.54


BSP:MFII11's Pretax Margin % is ranked better than
88.96% of 788 companies
in the REITs industry
Industry Median: 33.315 vs BSP:MFII11: 116.54

Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario Pretax Margin % Historical Data

The historical data trend for Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario'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.

Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario Pretax Margin % Chart

Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario Annual Data
Trend Dec21 Dec22 Dec23
Pretax Margin %
-121.93 185.36 116.54

Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario Semi-Annual Data
Dec21 Dec22 Dec23
Pretax Margin % -121.93 185.36 116.54

Competitive Comparison of Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario's Pretax Margin %

For the REIT - Diversified subindustry, Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario'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.


Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario's Pretax Margin % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario's Pretax Margin % falls into.



Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario 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.

Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario'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 )
=98.524/84.542
=116.54 %

Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=98.524/84.542
=116.54 %

* 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.


Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario  (BSP:MFII11) 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.


Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario Pretax Margin % Related Terms

Thank you for viewing the detailed overview of Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario (BSP:MFII11) Business Description

Traded in Other Exchanges
Address
Rua Funchal, 418 - 21 andar, Sao Paulo, SP, BRA, 04548-004
Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario is a real estate investment trust. It is engaged in the acquisition of interests in real estate development projects developed in partnership with developers.

Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario (BSP:MFII11) Headlines

No Headlines