Sprott Physical Silver Trust (TSX:PSLV) Pretax Margin % : 99.57% (As of Sep. 2024)

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What is Sprott Physical Silver Trust Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Sprott Physical Silver Trust's Pre-Tax Income for the three months ended in Sep. 2024 was C$473 Mil. Sprott Physical Silver Trust's Revenue for the three months ended in Sep. 2024 was C$475 Mil. Therefore, Sprott Physical Silver Trust's pretax margin for the quarter that ended in Sep. 2024 was 99.57%.

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

TSX:PSLV' s Pretax Margin % Range Over the Past 10 Years
Min: 95.64 Med: 100.34 Max: 112.88
Current: 99.59

TSX:PSLV's Pretax Margin % is ranked better than
82.59% of 1643 companies
in the Asset Management industry
Industry Median: 91.36 vs TSX:PSLV: 99.59

Sprott Physical Silver Trust Pretax Margin % Historical Data

The historical data trend for Sprott Physical Silver 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.

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Sprott Physical Silver Trust Pretax Margin % Chart

Sprott Physical Silver Trust Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Pretax Margin %

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98.36

99.60

101.07

95.73

112.88

Sprott Physical Silver Trust Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Pretax Margin %	Get a 7-Day Free Trial															101.48	99.36	99.24	99.78	99.57

Competitive Comparison of Sprott Physical Silver Trust's Pretax Margin %

For the Asset Management subindustry, Sprott Physical Silver 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.

Sprott Physical Silver Trust's Pretax Margin % Distribution in the Asset Management Industry

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

* The bar in red indicates where Sprott Physical Silver Trust's Pretax Margin % falls into.

Sprott Physical Silver 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.

Sprott Physical Silver Trust'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 )
	=	-71.823	/	-63.628
	=	112.88 %

Sprott Physical Silver Trust's Pretax Margin for the quarter that ended in Sep. 2024 is calculated as

Pretax Margin	=	Pre-Tax Income (Q: Sep. 2024 )	/	Revenue (Q: Sep. 2024 )
	=	473.313	/	475.359
	=	99.57 %

Sprott Physical Silver Trust (TSX:PSLV) 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.

Sprott Physical Silver Trust Pretax Margin % Related Terms

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Sprott Physical Silver Trust Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Sprott Physical Silver Trust (TSX:PSLV) » Definitions » Pretax Margin %

Comparable Companies

Traded in Other Exchanges

PSLV:USA PSLV.U:Canada

Address

200 Bay Street, Suite 2600, South Tower, Royal Bank Plaza, Toronto, ON, CAN, M5J 2J1

Website

https://sprott.com

Sprott Physical Silver Trust is a closed-end mutual fund trust, created to invest and hold substantially all of its assets in physical silver bullion. The Trust seeks to provide a secure, convenient, and exchange-traded investment alternative for investors interested in holding physical silver bullion without the inconvenience that is typical of a direct investment in physical silver bullion. The Trust achieves its objective by investing mainly in long-term holdings of unencumbered, fully allocated, physical silver bullion and does not speculate with regard to short-term changes in silver prices.