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DTFTax-Freeome (DTFTax-Freeome) Pretax Margin % : 109.65% (As of Oct. 2023)


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What is DTFTax-Freeome Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. DTFTax-Freeome's Pre-Tax Income for the six months ended in Oct. 2023 was $-2.70 Mil. DTFTax-Freeome's Revenue for the six months ended in Oct. 2023 was $-2.47 Mil. Therefore, DTFTax-Freeome's pretax margin for the quarter that ended in Oct. 2023 was 109.65%.

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

DTF' s Pretax Margin % Range Over the Past 10 Years
Min: 65.58   Med: 87.83   Max: 117.03
Current: 86.05


DTF's Pretax Margin % is ranked worse than
53.6% of 1668 companies
in the Asset Management industry
Industry Median: 90.255 vs DTF: 86.05

DTFTax-Freeome Pretax Margin % Historical Data

The historical data trend for DTFTax-Freeome'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.

DTFTax-Freeome Pretax Margin % Chart

DTFTax-Freeome Annual Data
Trend Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Pretax Margin %
Get a 7-Day Free Trial 96.27 87.83 77.23 102.33 86.05

DTFTax-Freeome Semi-Annual Data
Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 198.89 101.85 103.18 95.68 109.65

Competitive Comparison of DTFTax-Freeome's Pretax Margin %

For the Asset Management subindustry, DTFTax-Freeome'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.


DTFTax-Freeome's Pretax Margin % Distribution in the Asset Management Industry

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

* The bar in red indicates where DTFTax-Freeome's Pretax Margin % falls into.



DTFTax-Freeome 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.

DTFTax-Freeome's Pretax Margin for the fiscal year that ended in Oct. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Oct. 2023 )/Revenue (A: Oct. 2023 )
=3.079/3.578
=86.05 %

DTFTax-Freeome's Pretax Margin for the quarter that ended in Oct. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Oct. 2023 )/Revenue (Q: Oct. 2023 )
=-2.704/-2.466
=109.65 %

* 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.


DTFTax-Freeome  (NYSE:DTF) 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.


DTFTax-Freeome Pretax Margin % Related Terms

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


DTFTax-Freeome (DTFTax-Freeome) Business Description

Traded in Other Exchanges
N/A
Address
200 South Wacker Drive, Suite 1900, Chicago, IL, USA, 60606
DTFTax-Free Income Inc is a diversified, closed-end management investment company. Its investment objective is to provide current income exempt from regular federal income tax consistent with preservation of capital. The fund seeks to achieve its investment objective by investing in a diversified portfolio of investment-grade tax-exempt obligations.
Executives
Grumhaus David D Jr. other: Officer of Investment Adviser 200 S. WACKER DRIVE, SUITE 500, CHICAGO IL 60606
Mareile B. Cusack director DUFF & PHELPS INVESTMENT MANAGEMENT CO., 200 SOUTH WACKER DRIVE, SUITE 500, CHICAGO IL 60640
Timothy P. Riordan officer: Vice President DUFF & PHELPS INVESTMENT MANAGEMENT CO., 200 SOUTH WACKER DRIVE, SUITE 500, CHICAGO IL 60640
Kathleen Hegyi officer: CCO C/O DUFF & PHELPS INVESTMENT MANAGEMENT, 200 SOUTH WACKER DRIVE, CHICAGO IL 60606
Dusty L. Self officer: Vice President VIRTUS INVESTMENT PARTNERS, INC., 301 EAST PINE STREET, SUITE 500, ORLANDO FL 32801
Ronald H. Schwartz officer: Vice President VIRTUS INVESTMENT PARTNERS, INC., 301 EAST PINE STREET, SUITE 500, ORLANDO FL 32801
Wells Fargo & Company/mn 10 percent owner 420 MONTGOMERY STREET, SAN FRANCISCO CA 94163
Jpmorgan Chase Bank, N.a. 10 percent owner 1111 POLARIS PARKWAY, COLUMBUS OH 43240
George W Karpus other: See Explanation of Responses
Karpus Management, Inc. 10 percent owner 183 SULLY'S TRAIL, PITTSFORD NY 14534
Lisa Leonard officer: Vice President GATEWAY CENTER THREE, 1100 MUBERRY STREET, 4TH FLOOR, NEWARK NJ 07102
Timothy M Heaney officer: VP & Chief Investment Officer GATEWAY CENTER THREE, 1100 MUBERRY STREET, 4TH FLOOR, NEWARK NJ 07102
Hoffman Clifford W. Jr. director C/O DUFF & PHELPS INVESTMENT MANAGEMENT, 200 E. WACKER DR., CHICAGO IL 60606
Wells Fargo Bank N A 10 percent owner 101 NORTH PHILLIPS AVENUE, SIOUX FALLS SD 57104
Wells Fargo Municipal Capital Strategies, Llc 10 percent owner 375 PARK AVENUE, NEW YORK NY 10152

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