GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Workspace Group PLC (LSE:WKP) » Definitions » Pretax Margin %

Workspace Group (LSE:WKP) Pretax Margin % : -163.07% (As of Sep. 2023)


View and export this data going back to 1993. Start your Free Trial

What is Workspace Group Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Workspace Group's Pre-Tax Income for the six months ended in Sep. 2023 was £-147.9 Mil. Workspace Group's Revenue for the six months ended in Sep. 2023 was £90.7 Mil. Therefore, Workspace Group's pretax margin for the quarter that ended in Sep. 2023 was -163.07%.

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

LSE:WKP' s Pretax Margin % Range Over the Past 10 Years
Min: -165.64   Med: 92.6   Max: 430.62
Current: -121.14


LSE:WKP's Pretax Margin % is ranked worse than
93.79% of 789 companies
in the REITs industry
Industry Median: 33.25 vs LSE:WKP: -121.14

Workspace Group Pretax Margin % Historical Data

The historical data trend for Workspace Group'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.

Workspace Group Pretax Margin % Chart

Workspace Group Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 91.90 44.92 -165.64 93.30 -21.53

Workspace Group Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 5.56 168.20 43.50 -79.76 -163.07

Competitive Comparison of Workspace Group's Pretax Margin %

For the REIT - Office subindustry, Workspace Group'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.


Workspace Group's Pretax Margin % Distribution in the REITs Industry

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

* The bar in red indicates where Workspace Group's Pretax Margin % falls into.



Workspace Group 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.

Workspace Group's Pretax Margin for the fiscal year that ended in Mar. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Mar. 2023 )/Revenue (A: Mar. 2023 )
=-37.5/174.2
=-21.53 %

Workspace Group's Pretax Margin for the quarter that ended in Sep. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Sep. 2023 )/Revenue (Q: Sep. 2023 )
=-147.9/90.7
=-163.07 %

* 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.


Workspace Group  (LSE:WKP) 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.


Workspace Group Pretax Margin % Related Terms

Thank you for viewing the detailed overview of Workspace Group's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Workspace Group (LSE:WKP) Business Description

Traded in Other Exchanges
Address
1-3 Brixton Road, Canterbury Court, Kennington Park, London, GBR, SW9 6DE
Workspace Group PLC is a real estate investment trust engaged in the acquisition, design, development, and ownership of office buildings throughout London. The company mainly focuses on leasing office properties to new and growing companies. The real estate assets in Workspace's portfolio are clustered around the London area of Farringdon and elsewhere in northern and central London. The company derives the vast majority of its income in the form of rental revenue from tenants organized into short-term leases. Workspace's tenants include marketing, business consultancy, fashion, finance, software, and architectural firms.

Workspace Group (LSE:WKP) Headlines

No Headlines