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Futu Holdings (STU:6FHA) Pretax Margin % : 47.23% (As of Mar. 2024)


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What is Futu Holdings Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Futu Holdings's Pre-Tax Income for the three months ended in Mar. 2024 was €144 Mil. Futu Holdings's Revenue for the three months ended in Mar. 2024 was €305 Mil. Therefore, Futu Holdings's pretax margin for the quarter that ended in Mar. 2024 was 47.23%.

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

STU:6FHA' s Pretax Margin % Range Over the Past 10 Years
Min: -128.43   Med: 34.28   Max: 50.37
Current: 48.19


STU:6FHA's Pretax Margin % is ranked better than
77.69% of 771 companies
in the Capital Markets industry
Industry Median: 19.13 vs STU:6FHA: 48.19

Futu Holdings Pretax Margin % Historical Data

The historical data trend for Futu Holdings'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.

Futu Holdings Pretax Margin % Chart

Futu Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial 16.81 43.81 44.77 44.11 50.37

Futu Holdings 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 55.89 53.65 49.18 42.43 47.23

Competitive Comparison of Futu Holdings's Pretax Margin %

For the Capital Markets subindustry, Futu Holdings'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.


Futu Holdings's Pretax Margin % Distribution in the Capital Markets Industry

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

* The bar in red indicates where Futu Holdings's Pretax Margin % falls into.



Futu Holdings 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.

Futu Holdings'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 )
=591.888/1175.154
=50.37 %

Futu Holdings'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 )
=144/304.878
=47.23 %

* 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.


Futu Holdings  (STU:6FHA) 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.


Futu Holdings Pretax Margin % Related Terms

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Futu Holdings (STU:6FHA) Business Description

Traded in Other Exchanges
Address
No. 18 Bonham Strand West, 11th Floor, Bangkok Bank Building, Sheung Wan, Hong Kong, HKG
Futu Holdings Ltd is an online broker providing one-stop online investing services. The company provides its services through its digital platform Futu NiuNiu, which includes market data, trading service, and news feed of Hong Kong, Mainland China, Singapore, and United States equity markets. It generates its revenue in the form of brokerage commission and handling charge services.

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