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Mitsubishi Estate Logistics REIT Investment (TSE:3481) Pretax Margin % : 46.70% (As of Aug. 2023)


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What is Mitsubishi Estate Logistics REIT Investment Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Mitsubishi Estate Logistics REIT Investment's Pre-Tax Income for the six months ended in Aug. 2023 was 円3,508 Mil. Mitsubishi Estate Logistics REIT Investment's Revenue for the six months ended in Aug. 2023 was 円7,511 Mil. Therefore, Mitsubishi Estate Logistics REIT Investment's pretax margin for the quarter that ended in Aug. 2023 was 46.70%.

The historical rank and industry rank for Mitsubishi Estate Logistics REIT Investment's Pretax Margin % or its related term are showing as below:

TSE:3481' s Pretax Margin % Range Over the Past 10 Years
Min: 47.35   Med: 48.76   Max: 50.26
Current: 47.37


TSE:3481's Pretax Margin % is ranked better than
62.63% of 792 companies
in the REITs industry
Industry Median: 33.16 vs TSE:3481: 47.37

Mitsubishi Estate Logistics REIT Investment Pretax Margin % Historical Data

The historical data trend for Mitsubishi Estate Logistics REIT Investment'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.

Mitsubishi Estate Logistics REIT Investment Pretax Margin % Chart

Mitsubishi Estate Logistics REIT Investment Annual Data
Trend Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Pretax Margin %
Get a 7-Day Free Trial 47.46 50.26 48.67 48.84 47.35

Mitsubishi Estate Logistics REIT Investment Semi-Annual Data
Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24
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 50.54 47.49 48.02 46.70 48.02

Competitive Comparison of Mitsubishi Estate Logistics REIT Investment's Pretax Margin %

For the REIT - Industrial subindustry, Mitsubishi Estate Logistics REIT Investment'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.


Mitsubishi Estate Logistics REIT Investment's Pretax Margin % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Mitsubishi Estate Logistics REIT Investment's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Mitsubishi Estate Logistics REIT Investment's Pretax Margin % falls into.



Mitsubishi Estate Logistics REIT Investment 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.

Mitsubishi Estate Logistics REIT Investment's Pretax Margin for the fiscal year that ended in Aug. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Aug. 2023 )/Revenue (A: Aug. 2023 )
=6941.162/14660.806
=47.35 %

Mitsubishi Estate Logistics REIT Investment's Pretax Margin for the quarter that ended in Aug. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Aug. 2023 )/Revenue (Q: Aug. 2023 )
=3507.724/7510.976
=46.70 %

* 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.


Mitsubishi Estate Logistics REIT Investment  (TSE:3481) 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.


Mitsubishi Estate Logistics REIT Investment Pretax Margin % Related Terms

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Mitsubishi Estate Logistics REIT Investment (TSE:3481) Business Description

Traded in Other Exchanges
N/A
Address
2-5-1 Marunouchi, Chiyoda-ku, Tokyo, JPN, 100-0005
Mitsubishi Estate Logistics REIT Investment Corp operates as a real estate investment trust with logistics facilities as its main investment target. Its portfolio consists of eight properties mainly located in Tokyo metropolitan area.

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