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Heriot REIT (JSE:HET) Pretax Margin % : 52.35% (As of Dec. 2023)


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What is Heriot REIT Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Heriot REIT's Pre-Tax Income for the six months ended in Dec. 2023 was R312.3 Mil. Heriot REIT's Revenue for the six months ended in Dec. 2023 was R596.6 Mil. Therefore, Heriot REIT's pretax margin for the quarter that ended in Dec. 2023 was 52.35%.

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

JSE:HET' s Pretax Margin % Range Over the Past 10 Years
Min: 22.35   Med: 81.32   Max: 202.48
Current: 133.63


JSE:HET's Pretax Margin % is ranked better than
91.14% of 790 companies
in the REITs industry
Industry Median: 33.045 vs JSE:HET: 133.63

Heriot REIT Pretax Margin % Historical Data

The historical data trend for Heriot 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.

Heriot REIT Pretax Margin % Chart

Heriot REIT Annual Data
Trend Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Pretax Margin %
Get a 7-Day Free Trial 58.10 22.35 81.32 136.39 202.48

Heriot REIT Semi-Annual Data
Nov17 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 66.00 254.72 84.17 404.00 52.35

Competitive Comparison of Heriot REIT's Pretax Margin %

For the REIT - Diversified subindustry, Heriot 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.


Heriot REIT's Pretax Margin % Distribution in the REITs Industry

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

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



Heriot 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.

Heriot REIT's Pretax Margin for the fiscal year that ended in Jun. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Jun. 2023 )/Revenue (A: Jun. 2023 )
=981.737/484.867
=202.48 %

Heriot REIT'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 )
=312.331/596.619
=52.35 %

* 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.


Heriot REIT  (JSE:HET) 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.


Heriot REIT Pretax Margin % Related Terms

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Heriot REIT (JSE:HET) Business Description

Traded in Other Exchanges
N/A
Address
3 Melrose Boulevard, Suite 1, Ground Floor, Melrose Arch, Johannesburg, GT, ZAF, 2196
Heriot REIT Ltd is a South African real estate investment trust. The company owns a portfolio of retail, industrial, office, specialized, residential properties, and others. While the majority of the revenue is earned from Industrial properties. The primary objective of the company is to develop or acquire yield-enhancing assets within Southern Africa to create a stable and diverse portfolio for the purposes of generating capital growth and securing escalating net rental income streams.

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