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Central Securities (Central Securities) Pretax Margin % : 96.97% (As of Dec. 2023)


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What is Central Securities Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Central Securities's Pre-Tax Income for the six months ended in Dec. 2023 was $114.5 Mil. Central Securities's Revenue for the six months ended in Dec. 2023 was $118.1 Mil. Therefore, Central Securities's pretax margin for the quarter that ended in Dec. 2023 was 96.97%.

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

CET' s Pretax Margin % Range Over the Past 10 Years
Min: 87.32   Med: 97.37   Max: 135.17
Current: 97.05


CET's Pretax Margin % is ranked better than
64.85% of 1667 companies
in the Asset Management industry
Industry Median: 89.59 vs CET: 97.05

Central Securities Pretax Margin % Historical Data

The historical data trend for Central Securities'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.

Central Securities Pretax Margin % Chart

Central Securities Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 97.68 92.27 98.13 103.95 97.05

Central Securities Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 95.07 101.40 95.80 97.13 96.97

Competitive Comparison of Central Securities's Pretax Margin %

For the Asset Management subindustry, Central Securities'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.


Central Securities's Pretax Margin % Distribution in the Asset Management Industry

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

* The bar in red indicates where Central Securities's Pretax Margin % falls into.



Central Securities 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.

Central Securities'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 )
=223.636/230.444
=97.05 %

Central Securities'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 )
=114.543/118.125
=96.97 %

* 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.


Central Securities  (AMEX:CET) 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.


Central Securities Pretax Margin % Related Terms

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


Central Securities (Central Securities) Business Description

Traded in Other Exchanges
N/A
Address
630 Fifth Avenue, Suite 820, New York, NY, USA, 10111
Central Securities Corp is a non-diversified closed-end management investment company. Its investment objective is long-term growth of capital. The company invests primarily in common stocks, bonds, convertible bonds, preferred stocks, convertible preferred stocks, warrants, options real estate, or short-term obligations of governments, banks, and corporations.
Executives
John C Hill officer: Vice President C/O CENTRAL SECURITIES CORP, 630 FIFTH AVE, NEW YORK NY 10111
Andrew J O'neill officer: Vice President C/O CENTRAL SECURITIES CORPORATION, 630 FIFTH AVENUE SUITE 820, NEW YORK NY 10111
David Martin Poppe director C/O CENTRAL SECURITIES CORPORATION, 630 FIFTH AVENUE, SUITE 820, NEW YORK NY 10111
Leo Price Blackford director C/O CENTRAL SECURITIES CORPORATION, 630 FIFTH AVENUE, SUITE 820, NEW YORK NY 10111
David Charles Colander director C/O CENTRAL SECURITIES CORPORATION, 630 FIFTH AVENUE, SUITE 820, NEW YORK NY 10111
Marlene A Krumholz officer: Vice President & Secretary C/O CENTRAL SECURITIES CORP, 630 FIFTH AVE, NEW YORK NY 10111
Simms C Browning director C/O CENTRAL SECURITIES CORPORATION, 630 FIFTH AVENUE, SUITE 820, NEW YORK NY 10111
Donald G Calder director C/O CENTRAL SECURITIES CORPORATION, 630 FIFTH AENUE, SUITE 820, NEW YORK NY 10111
Kidd Wilmot H Iv director C/O CENTRAL SECURITIES CORPORATION, 630 FIFTH AVENUE, SUITE 820, NEW YORK NY 10111
Jay R Inglis director C/O CENTRAL SECURITIES CORPORATION, 630 FIFTH AVENUE, SUITE 820, NEW YORK NY 10111
Walker C Carter Jr director C/O CENTRAL SECURITIES CORPORATION, 630 FIFTH AVENUE, SUITE 820, NEW YORK NY 10111
Lawrence P Vogel officer: Vice President & Treasurer C/O CENTRAL SECURITIES CORPORATION, 630 FIFTH AVENUE SUITE 820, NEW YORK NY 10111
Charles N Edgerton officer: Vice President & Treasurer C/O CENTRAL SECURITIES CORP, 630 FIFTH AVENUE, SUITE 820, NEW YORK NY 10111
William E Sheeline officer: Vice President CENTRAL SECURITIES CORP., 630 FIFTH AVE. SUITE 820, NEW YORK NY 10111
Johnson Christian A Endeavor Foundation 10 percent owner 1060 PARK AVE, NEW YORK NY 10028

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