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SCHW (Charles Schwab) Pretax Margin % : 43.25% (As of Dec. 2024)


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What is Charles Schwab Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Charles Schwab's Pre-Tax Income for the three months ended in Dec. 2024 was $2,305 Mil. Charles Schwab's Revenue for the three months ended in Dec. 2024 was $5,329 Mil. Therefore, Charles Schwab's pretax margin for the quarter that ended in Dec. 2024 was 43.25%.

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

SCHW' s Pretax Margin % Range Over the Past 10 Years
Min: 33.86   Med: 40.84   Max: 45.22
Current: 40.8


SCHW's Pretax Margin % is ranked better than
72.23% of 767 companies
in the Capital Markets industry
Industry Median: 19.78 vs SCHW: 40.80

Charles Schwab Pretax Margin % Historical Data

The historical data trend for Charles Schwab'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.

Charles Schwab Pretax Margin % Chart

Charles Schwab Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 36.78 41.65 45.22 33.86 39.23

Charles Schwab Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 37.93 37.25 38.00 43.25 43.85

Competitive Comparison of Charles Schwab's Pretax Margin %

For the Capital Markets subindustry, Charles Schwab'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.


Charles Schwab's Pretax Margin % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Charles Schwab's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Charles Schwab's Pretax Margin % falls into.


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Charles Schwab 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.

Charles Schwab's Pretax Margin for the fiscal year that ended in Dec. 2024 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2024 )/Revenue (A: Dec. 2024 )
=7692/19606
=39.23 %

Charles Schwab's Pretax Margin for the quarter that ended in Dec. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Dec. 2024 )/Revenue (Q: Dec. 2024 )
=2305/5329
=43.25 %

* 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.


Charles Schwab  (NYSE:SCHW) 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.


Charles Schwab Pretax Margin % Related Terms

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Charles Schwab Business Description

Address
3000 Schwab Way, Westlake, TX, USA, 76262
Charles Schwab is one of the largest retail-oriented financial services companies in the US, with $10.1 trillion in client assets across its brokerage, banking, asset-management, custody, financial advisory, and wealth-management businesses at year-end 2024. While best known for its retail brokerage offering, Schwab generates the lion's share of its revenue and profits through its Charles Schwab Bank and asset-management segments. The firm is a dominant player in registered investment advisor custody, with over 40% market share, and has recently pushed into wealth management with robo-advisory, direct indexing, and other managed-investment solutions.
Executives
Carolyn Schwab-pomerantz director 3000 SCHWAB WAY, WESTLAKE TX 76262
Jonathan M. Craig officer: Please see remarks 3000 SCHWAB WAY, WESTLAKE TX 76262
Nigel J Murtagh officer: MD, EVP - Corporate Risk C/O THE CHARLES SCHWAB CORPORATION, 211 MAIN STREET, SAN FRANCISCO CA 94105
Charles R. Schwab director, officer: Co-Chairman PO BOX 2226, PALM BEACH FL 33480
Walter W Bettinger officer: EVP/COO - Individual Investor 211 MAIN STREET, SAN FRANCISCO CA 94105
Arun Sarin director C/O SAFEWAY INC., 5918 STONERIDGE MALL ROAD, PLEASANTON CA 94588
Morgan Peter J. Iii officer: General Counsel 211 MAIN STREET, SAN FRANCISCO CA 94105
Christopher V Dodds officer: EVP and CFO ITG INC., ONE LIBERTY PLAZA, 165 BROADWAY, NEW YORK NY 10006
Charles A. Ruffel director 3000 SCHWAB WAY, WESTLAKE TX 76262
Richard A Wurster officer: President 3000 SCHWAB WAY, WESTLAKE TX 76262
Bernard J. Clark officer: MD, Head of Adivsor Services C/O THE CHARLES SCHWAB CORPORATION, 211 MAIN STREET, SAN FRANCISCO CA 94105
Peter B. Crawford officer: CFO 211 MAIN STREET, SAN FRANCISCO CA 94105
Stephen A Ellis director C/O THE CHARLES SCHWAB CORPORATION, 211 MAIN STREET, SAN FRANCISCO CA 94105
Mark A Goldfarb director C/O THE CHARLES SCHWAB CORPORATION, 211 MAIN STREET, SAN FRANCISCO CA 94105
Joseph R Martinetto officer: MD and COO 211 MAIN STREET, SAN FRANCISCO CA 94105