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Close Brothers Group (Close Brothers Group) Pretax Margin % : 18.39% (As of Jan. 2024)


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What is Close Brothers Group Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Close Brothers Group's Pre-Tax Income for the six months ended in Jan. 2024 was $119 Mil. Close Brothers Group's Revenue for the six months ended in Jan. 2024 was $648 Mil. Therefore, Close Brothers Group's pretax margin for the quarter that ended in Jan. 2024 was 18.39%.

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

CBGPF' s Pretax Margin % Range Over the Past 10 Years
Min: 11.08   Med: 30.25   Max: 32.87
Current: 19.26


CBGPF's Pretax Margin % is ranked worse than
77.81% of 1460 companies
in the Banks industry
Industry Median: 32.765 vs CBGPF: 19.26

Close Brothers Group Pretax Margin % Historical Data

The historical data trend for Close Brothers 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.

Close Brothers Group Pretax Margin % Chart

Close Brothers Group Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 30.42 15.11 25.95 23.13 11.08

Close Brothers Group Semi-Annual Data
Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
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 25.47 20.76 2.28 20.14 18.39

Competitive Comparison of Close Brothers Group's Pretax Margin %

For the Banks - Regional subindustry, Close Brothers 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.


Close Brothers Group's Pretax Margin % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Close Brothers Group's Pretax Margin % distribution charts can be found below:

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



Close Brothers 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.

Close Brothers Group's Pretax Margin for the fiscal year that ended in Jul. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Jul. 2023 )/Revenue (A: Jul. 2023 )
=144.33/1302.32
=11.08 %

Close Brothers Group's Pretax Margin for the quarter that ended in Jan. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Jan. 2024 )/Revenue (Q: Jan. 2024 )
=119.187/648.03
=18.39 %

* 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.


Close Brothers Group  (OTCPK:CBGPF) 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.


Close Brothers Group Pretax Margin % Related Terms

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Close Brothers Group (Close Brothers Group) Business Description

Traded in Other Exchanges
Address
10 Crown Place, London, GBR, EC2A 4FT
Close Brothers Group PLC is a merchant banking group providing lending, deposit solutions, wealth management services, and securities trading. The company mostly provides services to small businesses and individuals in the United Kingdom. Its strategy focuses on niche markets to drive high levels of repeat business with clients. The company distributes its service offerings with a direct salesforce and an intermediated distribution network. Its banking division provides asset, invoice, motor, premium, and property finance. Close Brothers' security business is primarily a liquidity provider to U.K. retail stockbrokers and institutions. The group's asset management division offers financial planning and investment management services.

Close Brothers Group (Close Brothers Group) Headlines

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