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.
Jupiter Dividend & Growth Trust Pretax Margin % Related Terms
Jupiter Dividend & Growth Trust Pretax Margin % Historical Data
* 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.
For the Asset Management subindustry, Jupiter Dividend & Growth 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.
Jupiter Dividend & Growth Trust Pretax Margin % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Jupiter Dividend & Growth Trust's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Jupiter Dividend & Growth Trust's Pretax Margin % falls into.
* 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.
Jupiter Dividend & Growth Trust (LSE:JDT) has a Pretax Margin % of 19.71% as of Jun. 2017. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Jupiter Dividend & Growth Trust and its competitors. This is 27% below median its historical median of 26.88.
Is Jupiter Dividend & Growth Trust's Pretax Margin % too high?
Jupiter Dividend & Growth Trust's current Pretax Margin % of 19.71% is 27% below median its 10-year median of 26.88. The Asset Management industry median Pretax Margin % is 89.82. Jupiter Dividend & Growth Trust's value of 19.71% is 78.1% below this industry median.
How does Jupiter Dividend & Growth Trust's Pretax Margin % compare to competitors?
Jupiter Dividend & Growth Trust's Pretax Margin % of 19.71% can be compared against companies in the Asset Management industry. The industry median Pretax Margin % is 89.82. Jupiter Dividend & Growth Trust's value of 19.71% is 78.1% below this benchmark. While the company's 10-year median is 26.88 vs. the industry median of 89.82, Jupiter Dividend & Growth Trust has consistently been below the industry average. 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 89.82, based on 1,571 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. Jupiter Dividend & Growth Trust's current Pretax Margin % of 19.71% is 78.1% below 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 Jupiter Dividend & Growth Trust and its competitors. For the Asset Management industry, the median Pretax Margin % is 89.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jupiter Dividend & Growth Trust's current Pretax Margin % is 19.71%, which is 27% below median its own 10-year median of 26.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jupiter Dividend & Growth Trust stock overvalued right now?
Jupiter Dividend & Growth Trust (LSE:JDT) has a current Pretax Margin % of 19.71%. The current Pretax Margin % is 19.71%, which is 27% below median its 10-year median of 26.88 and 78.1% below the Asset Management industry median of 89.82. 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 Jupiter Dividend & Growth Trust (LSE:JDT), the current Pretax Margin % is 19.71% as of Jun. 2017. 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.
Jupiter Dividend & Growth Trust Business Description
Jupiter Dividend & Growth Trust PLC operates as an investment trust. The company's investment objective is to provide Ordinary Income and Common shareholders with a high and rising income together with the possibility of capital appreciation and to provide Zero Dividend Preference and Common shareholders with a predetermined level of capital growth. The Company's investment policy is to invest in a portfolio of UK listed equities, UK equity-related securities such as convertible securities, preference shares, convertible unsecured loan stock, warrants and other similar securities and UK fixed interest securities.
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