GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » MFS Municipal Income Trust (NYSE:MFM) » Definitions » Pretax Margin %

MFM (MFS Municipalome Trust) Pretax Margin % : 99.79% (As of Apr. 2024)


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

What is MFS Municipalome Trust Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. MFS Municipalome Trust's Pre-Tax Income for the six months ended in Apr. 2024 was $31.37 Mil. MFS Municipalome Trust's Revenue for the six months ended in Apr. 2024 was $31.44 Mil. Therefore, MFS Municipalome Trust's pretax margin for the quarter that ended in Apr. 2024 was 99.79%.

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

MFM' s Pretax Margin % Range Over the Past 10 Years
Min: 89.32   Med: 98.36   Max: 122.27
Current: 98.26


MFM's Pretax Margin % is ranked better than
69.98% of 1642 companies
in the Asset Management industry
Industry Median: 91.43 vs MFM: 98.26

MFS Municipalome Trust Pretax Margin % Historical Data

The historical data trend for MFS 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.

* Premium members only.

MFS Municipalome Trust Pretax Margin % Chart

MFS Municipalome Trust Annual Data
Trend Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Pretax Margin %
Get a 7-Day Free Trial 99.12 122.27 98.36 100.52 89.32

MFS Municipalome Trust Semi-Annual Data
Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24
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 100.52 100.51 99.68 100.23 99.79

Competitive Comparison of MFS Municipalome Trust's Pretax Margin %

For the Asset Management subindustry, MFS 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.


MFS Municipalome Trust's Pretax Margin % Distribution in the Asset Management Industry

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

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



MFS 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.

MFS Municipalome Trust's Pretax Margin for the fiscal year that ended in Oct. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Oct. 2023 )/Revenue (A: Oct. 2023 )
=1.162/1.301
=89.32 %

MFS Municipalome Trust's Pretax Margin for the quarter that ended in Apr. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Apr. 2024 )/Revenue (Q: Apr. 2024 )
=31.369/31.436
=99.79 %

* 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.


MFS Municipalome Trust  (NYSE:MFM) 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.


MFS Municipalome Trust Pretax Margin % Related Terms

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


MFS Municipalome Trust Business Description

Traded in Other Exchanges
N/A
Address
111 Huntington Avenue, Boston, MA, USA, 02199
MFS Municipal Income Trust is a diversified closed-end management investment company. Its investment objective is to seek high current income exempt from federal income tax, but may also consider capital appreciation. The fund invests a majority of its net assets, including assets attributable to preferred shares and borrowings for investment purposes, in municipal bonds.
Executives
Linda Dougherty other: OFFICER OF ADVISOR 111 HUNTINGTON AVENUE, BOSTON MA 02199
Rosa Licea-mailloux other: CHIEF COMPLIANCE OFFICER 111 HUNTINGTON AVENUE, BOSTON MA 02199
Michael L Dawson other: PORTFOLIO MANAGER 500 BOYLSTON STREET, BOSTON MA 02116
Robert J Manning director 1201 THIRD AVE, STE 4900, SEATTLE WA 98101
Jpmorgan Chase Bank, N.a. 10 percent owner 1111 POLARIS PARKWAY, COLUMBUS OH 43240
Manjit Singh director 111 HUNTINGTON AVENUE, BOSTON MA 02072
Jason Kosty other: PORTFOLIO MANAGER 111 HUNTINGTON AVENUE, BOSTON MA 02199
Jacques Jr Goulet other: ADVISOR TO OFFICER 111 HUNTINGTON AVENUE, BOSTON MA 02199
Melissa Kennedy other: OFFICER OF ADVISOR 111 HUNTINGTON AVENUE, BOSTON MA 02199
James W. Kilman director 111 HUNTINGTON AVENUE, BOSTON MA 02199
Edward M. Maloney officer: Officer of Advisor 111 HUNTINGTON AVENUE, BOSTON MA 02199
Peter Darrell Jones director 111 HUNTINGTON AVENUE, BOSTON MA 02199
Carol W. Geremia officer: PRESIDENT 111 HUNTINGTON AVENUE, BOSTON MA 02199
Kevin D Strain other: Officer of Advisor MFS INVESTMENT MANAGEMENT, 111 HUNTINGTON AVENUE, BOSTON MA 02199
Clarence Jr Otis director 1095 AVENUE OF THE AMERICAS, NEW YORK NY 10036

MFS Municipalome Trust Headlines

From GuruFocus

MFS Municipal Income Trust's Dividend Analysis

By GuruFocus Research 10-16-2023