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Melcor Developments (Melcor Developments) Pretax Margin % : 29.89% (As of Mar. 2024)


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What is Melcor Developments Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Melcor Developments's Pre-Tax Income for the three months ended in Mar. 2024 was $11.0 Mil. Melcor Developments's Revenue for the three months ended in Mar. 2024 was $36.8 Mil. Therefore, Melcor Developments's pretax margin for the quarter that ended in Mar. 2024 was 29.89%.

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

MODVF' s Pretax Margin % Range Over the Past 10 Years
Min: 5.82   Med: 24.52   Max: 46.5
Current: 26.94


MODVF's Pretax Margin % is ranked better than
74% of 1777 companies
in the Real Estate industry
Industry Median: 8.68 vs MODVF: 26.94

Melcor Developments Pretax Margin % Historical Data

The historical data trend for Melcor Developments'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.

Melcor Developments Pretax Margin % Chart

Melcor Developments Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.43 5.82 24.99 46.50 24.04

Melcor Developments Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.62 39.71 40.08 9.79 29.89

Competitive Comparison of Melcor Developments's Pretax Margin %

For the Real Estate - Development subindustry, Melcor Developments'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.


Melcor Developments's Pretax Margin % Distribution in the Real Estate Industry

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

* The bar in red indicates where Melcor Developments's Pretax Margin % falls into.



Melcor Developments 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.

Melcor Developments'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 )
=56.483/234.972
=24.04 %

Melcor Developments'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 )
=10.984/36.752
=29.89 %

* 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.


Melcor Developments  (OTCPK:MODVF) 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.


Melcor Developments Pretax Margin % Related Terms

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Melcor Developments (Melcor Developments) Business Description

Traded in Other Exchanges
Address
10310 Jasper Avenue, Suite 900, Edmonton, AB, CAN, T5J 1Y8
Melcor Developments Ltd is a real estate development company. It develops and manages mixed-use residential communities, business and industrial parks, office buildings, retail commercial centers, and golf courses. Its divisions include Community Development, which is engaged in acquiring raw land and planning residential communities and commercial developments; Property Development, which is engaged in project managing development, leasing, and construction of commercial properties; Investment Properties operates a portfolio of commercial and residential properties, focused on property improvements and capital appreciation; the REIT, which is engaged in acquiring and owning leasable office, retail, industrial and residential sites; Recreation Property and Corporate.

Melcor Developments (Melcor Developments) Headlines