KSM (DWS Strategic Municipalome Trust) Pretax Margin %: 97.15% (As of May. 2024)


KSM DWS Strategic Municipal Income Trust KSM
42 GF Score
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What is DWS Strategic Municipalome Trust Pretax Margin %?

DWS Strategic Municipalome Trust KSM 42 Pretax Margin % is 97.15% as of May. 2024. GuruFocus rates KSM with a GF Score™ of 42/100.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. DWS Strategic Municipalome Trust's Pre-Tax Income for the six months ended in May. 2024 was $3.72 Mil. DWS Strategic Municipalome Trust's Revenue for the six months ended in May. 2024 was $3.83 Mil. Therefore, DWS Strategic Municipalome Trust's pretax margin for the quarter that ended in May. 2024 was 97.15%.

The historical rank and industry rank for DWS Strategic Municipalome Trust's Pretax Margin % or its related term are showing as below:


KSM's Pretax Margin % is not ranked *
in the Asset Management industry.
Industry Median: 89.475
* Ranked among companies with meaningful Pretax Margin % only.

DWS Strategic Municipalome Trust  (NYSE:KSM) 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.


DWS Strategic Municipalome Trust Pretax Margin % Related Terms


DWS Strategic Municipalome Trust Pretax Margin % Historical Data

* Premium members only.

The historical data trend for DWS Strategic Municipalome Trust'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.

DWS Strategic Municipalome Trust Pretax Margin % Chart

DWS Strategic Municipalome Trust Annual Data
Trend Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Pretax Margin %
Get a 7-Day Free Trial 98.33 95.90 97.41 100.70 94.72

DWS Strategic Municipalome Trust Semi-Annual Data
Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24
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 100.55 101.03 95.57 93.26 97.15

KSM vs EVF, IAF, CGO: Pretax Margin % Comparison

For the Asset Management subindustry, DWS Strategic Municipalome Trust'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.


DWS Strategic Municipalome Trust Pretax Margin % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, DWS Strategic Municipalome Trust's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where DWS Strategic Municipalome Trust's Pretax Margin % falls into.


KSM
42GF Score
DWS Strategic Municipal Income Trust KSM
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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DWS Strategic Municipalome Trust 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.

DWS Strategic Municipalome Trust's Pretax Margin for the fiscal year that ended in Nov. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Nov. 2023 )/Revenue (A: Nov. 2023 )
=4.058/4.284
=94.72 %

DWS Strategic Municipalome Trust's Pretax Margin for the quarter that ended in May. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: May. 2024 )/Revenue (Q: May. 2024 )
=3.721/3.83
=97.15 %

* 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.

Frequently Asked Questions Learn more about Pretax Margin % →
What does a Pretax Margin % of 97.15% mean?
DWS Strategic Municipalome Trust (KSM) has a Pretax Margin % of 97.15% as of May. 2024. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on DWS Strategic Municipalome Trust and its competitors.
Is DWS Strategic Municipalome Trust's Pretax Margin % too high?
DWS Strategic Municipalome Trust's current Pretax Margin % is 97.15%. The Asset Management industry median Pretax Margin % is 89.48. DWS Strategic Municipalome Trust's value of 97.15% is 8.6% above this industry median. Overall, DWS Strategic Municipalome Trust has a GF Score™ of 42/100, reflecting its overall financial health beyond just this single metric.
How does DWS Strategic Municipalome Trust's Pretax Margin % compare to EVF and IAF?
DWS Strategic Municipalome Trust's Pretax Margin % of 97.15% can be compared against companies in the Asset Management industry. The industry median Pretax Margin % is 89.48. DWS Strategic Municipalome Trust's value of 97.15% is 8.6% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Pretax Margin % for an Asset Management company?
The median Pretax Margin % among Asset Management companies is 89.48, based on 1,576 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. DWS Strategic Municipalome Trust's current Pretax Margin % of 97.15% is 8.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on DWS Strategic Municipalome Trust and its competitors. For the Asset Management industry, the median Pretax Margin % is 89.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DWS Strategic Municipalome Trust's current Pretax Margin % is 97.15%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DWS Strategic Municipalome Trust stock overvalued right now?
DWS Strategic Municipalome Trust (KSM) has a current Pretax Margin % of 97.15%. The current Pretax Margin % is 97.15% and 8.6% above the Asset Management industry median of 89.48. DWS Strategic Municipalome Trust's overall GF Score™ is 42/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For DWS Strategic Municipalome Trust (KSM), the current Pretax Margin % is 97.15% as of May. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

DWS Strategic Municipalome Trust Business Description

Address 875 Third Avenue, New York, NY, USA, 10022
DWS Strategic Municipal Income Trust is a closed-end, diversified management investment company. The fund's investment objective is to provide a high level of current income exempt from federal income tax. It seeks to achieve its investment objective by investing in a portfolio of tax-exempt municipal securities. Its products include ETFs, Mutual Funds, Closed-End-Funds, Money Market Funds, and others.
42GF Score

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Pretax Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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