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Modiv Industrial (Modiv Industrial) Pretax Margin % : 38.96% (As of Mar. 2024)


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What is Modiv Industrial Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Modiv Industrial's Pre-Tax Income for the three months ended in Mar. 2024 was $4.64 Mil. Modiv Industrial's Revenue for the three months ended in Mar. 2024 was $11.90 Mil. Therefore, Modiv Industrial's pretax margin for the quarter that ended in Mar. 2024 was 38.96%.

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

MDV' s Pretax Margin % Range Over the Past 10 Years
Min: -127.18   Med: -17.99   Max: 1.07
Current: 1.07


MDV's Pretax Margin % is ranked worse than
71.74% of 789 companies
in the REITs industry
Industry Median: 33.02 vs MDV: 1.07

Modiv Industrial Pretax Margin % Historical Data

The historical data trend for Modiv Industrial'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.

Modiv Industrial Pretax Margin % Chart

Modiv Industrial Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
-17.99 -127.18 -1.15 -10.29 -18.53

Modiv Industrial Quarterly Data
Dec19 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 -44.41 39.11 -55.24 -14.99 38.96

Competitive Comparison of Modiv Industrial's Pretax Margin %

For the REIT - Diversified subindustry, Modiv Industrial'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.


Modiv Industrial's Pretax Margin % Distribution in the REITs Industry

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

* The bar in red indicates where Modiv Industrial's Pretax Margin % falls into.



Modiv Industrial 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.

Modiv Industrial'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 )
=-8.696/46.937
=-18.53 %

Modiv Industrial'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 )
=4.637/11.901
=38.96 %

* 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.


Modiv Industrial  (NYSE:MDV) 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.


Modiv Industrial Pretax Margin % Related Terms

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Modiv Industrial (Modiv Industrial) Business Description

Traded in Other Exchanges
N/A
Address
200 S. Virginia Street, Suite 800, Reno, NV, USA, 89501
Modiv Industrial Inc Formerly Modiv Inc is a pioneer in the direct-to-consumer commercial real estate product industry. It provides individual investors access to real estate and real estate-related investments designed to provide both income and long-term growth. The Company has invested in single-tenant income-producing properties. All of the company's consolidated revenues are derived from company's consolidated real estate properties.
Executives
Aaron Scott Halfacre officer: CEO 2100 REXFORD ROAD, SUITE 300, CHARLOTTE NC 28211
Nolan Thomas H Jr director 14631 NORTH SCOTTSDALE RD, SUITE 200, SCOTTSDALE AZ 85254
Kimberly J Smith director 2325 E CAMELBACK RD, SUITE 1100, PHOENIX AZ 85016
Raymond J Pacini officer: CFO 550 SOUTH HOPE STREET, SUITE 2850, LOS ANGELES CA 90071
Adam Scott Markman director TWO NORTH RIVERSIDE PLAZA, SUITE 600, CHICAGO IL 60606
Tirondola Connie director 14 DAYDREAM LN, ANDOVER NJ 07821
Asma Ishaq director 120 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Curtis B Mcwilliams director 450 SOUTH ORANGE AVENUE, ORLANDO FL 32801
Group Of Trophy, Llc 10 percent owner 21140 S. AVALON BLVD, CARSON CA 90745
Joe F Hanauer director 361 FOREST AVE, LAGUNA BEACH CA 92651
Sandra G Sciutto officer: CAO 6 EXECUTIVE CIRCLE, SUITE 250, IRVINE CA 92614
David Perduk officer: CIO PO BOX 1705, LAGUNA BEACH CA 92652
John Harold Davis officer: CFO 3090 BRISTOL STREET, SUITE 550, COSTA MESA CA 92626
Jeffrey Randolph other: Trust Manager 3080 BRISTOL STREET, SUITE 550, COSTA MESA CA 92626
John C Wang director