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Angel Oak Mortgage REIT (FRA:57V) Pretax Margin % : 73.77% (As of Mar. 2024)


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What is Angel Oak Mortgage REIT Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Angel Oak Mortgage REIT's Pre-Tax Income for the three months ended in Mar. 2024 was €12.11 Mil. Angel Oak Mortgage REIT's Revenue for the three months ended in Mar. 2024 was €16.41 Mil. Therefore, Angel Oak Mortgage REIT's pretax margin for the quarter that ended in Mar. 2024 was 73.77%.

The historical rank and industry rank for Angel Oak Mortgage REIT's Pretax Margin % or its related term are showing as below:

FRA:57V' s Pretax Margin % Range Over the Past 10 Years
Min: 7.09   Med: 54.39   Max: 121.11
Current: 71.5


FRA:57V's Pretax Margin % is ranked better than
74.78% of 789 companies
in the REITs industry
Industry Median: 33.07 vs FRA:57V: 71.50

Angel Oak Mortgage REIT Pretax Margin % Historical Data

The historical data trend for Angel Oak Mortgage REIT'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.

Angel Oak Mortgage REIT Pretax Margin % Chart

Angel Oak Mortgage REIT Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
43.60 7.09 54.39 121.11 63.72

Angel Oak Mortgage REIT Quarterly Data
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 8.62 -109.20 65.32 87.04 73.77

Competitive Comparison of Angel Oak Mortgage REIT's Pretax Margin %

For the REIT - Mortgage subindustry, Angel Oak Mortgage REIT'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.


Angel Oak Mortgage REIT's Pretax Margin % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Angel Oak Mortgage REIT's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Angel Oak Mortgage REIT's Pretax Margin % falls into.



Angel Oak Mortgage REIT 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.

Angel Oak Mortgage REIT'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 )
=32.058/50.31
=63.72 %

Angel Oak Mortgage REIT'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 )
=12.108/16.414
=73.77 %

* 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.


Angel Oak Mortgage REIT  (FRA:57V) 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.


Angel Oak Mortgage REIT Pretax Margin % Related Terms

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Angel Oak Mortgage REIT (FRA:57V) Business Description

Traded in Other Exchanges
Address
3344 Peachtree Road Northeast, Suite 1725, Atlanta, GA, USA, 30326
Angel Oak Mortgage REIT Inc is a real estate finance company focused on acquiring and investing in the first lien non-QM loans and other mortgage-related assets in the U.S. mortgage market. Its objective is to generate attractive risk-adjusted returns for its stockholders, through cash distributions and capital appreciation, across interest rates and credit cycles.

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