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New Mountain Finance (FRA:1N4) Pretax Margin % : 94.73% (As of Mar. 2024)


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What is New Mountain Finance Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. New Mountain Finance's Pre-Tax Income for the three months ended in Mar. 2024 was €26.4 Mil. New Mountain Finance's Revenue for the three months ended in Mar. 2024 was €27.9 Mil. Therefore, New Mountain Finance's pretax margin for the quarter that ended in Mar. 2024 was 94.73%.

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

FRA:1N4' s Pretax Margin % Range Over the Past 10 Years
Min: 65.27   Med: 97.19   Max: 106.93
Current: 95.31


FRA:1N4's Pretax Margin % is ranked better than
58.45% of 1668 companies
in the Asset Management industry
Industry Median: 90.255 vs FRA:1N4: 95.31

New Mountain Finance Pretax Margin % Historical Data

The historical data trend for New Mountain Finance'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.

New Mountain Finance Pretax Margin % Chart

New Mountain Finance 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 103.15 106.93 101.85 94.09 95.95

New Mountain Finance Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 96.90 96.34 95.29 94.64 94.73

Competitive Comparison of New Mountain Finance's Pretax Margin %

For the Asset Management subindustry, New Mountain Finance'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.


New Mountain Finance's Pretax Margin % Distribution in the Asset Management Industry

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

* The bar in red indicates where New Mountain Finance's Pretax Margin % falls into.



New Mountain Finance 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.

New Mountain Finance'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 )
=126.41/131.75
=95.95 %

New Mountain Finance's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=26.424/27.895
=94.73 %

* 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.


New Mountain Finance  (FRA:1N4) 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.


New Mountain Finance Pretax Margin % Related Terms

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New Mountain Finance (FRA:1N4) Business Description

Traded in Other Exchanges
Address
1633 Broadway, 48th Floor, New York, NY, USA, 10019
New Mountain Finance Corp is a closed-end, non-diversified management investment company. It invests in equity interests such as preferred stock, common stock, warrants, or options received in connection with debt investments or may include direct investment in the equity of private companies. The company's investment objective is to generate current income and capital appreciation through the sourcing and origination of debt securities at all levels of the capital structure, including first and second-lien debt, notes, bonds, and mezzanine securities.

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