Utility (TSX:UTC.C) Pretax Margin %: 79.49% (As of Nov. 2017)


What is Utility Pretax Margin %?

Utility TSX:UTC.C Pretax Margin % is 79.49% as of Nov. 2017.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Utility's Pre-Tax Income for the six months ended in Nov. 2017 was C$1.00 Mil. Utility's Revenue for the six months ended in Nov. 2017 was C$1.25 Mil. Therefore, Utility's pretax margin for the quarter that ended in Nov. 2017 was 79.49%.

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


TSX:UTC.C's Pretax Margin % is not ranked *
in the Asset Management industry.
Industry Median: 89.62
* Ranked among companies with meaningful Pretax Margin % only.

Utility  (TSX:UTC.C) 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.

Utility Pretax Margin % Related Terms

Utility Pretax Margin % Historical Data

* Premium members only.

The historical data trend for Utility'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.

Utility Pretax Margin % Chart

Utility Annual Data
Trend May08 May09 May10 May11 May12 May13 May14 May15 May16 May17
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 96.92 92.10 80.90 125.24 94.99

Utility Semi-Annual Data
May08 Nov08 May09 Nov09 May10 Nov10 May11 Nov11 May12 Nov12 May13 Nov13 May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17
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 103.52 95.34 92.78 96.18 79.49

TSX:UTC.C vs PHCF: Pretax Margin % Comparison

For the Asset Management subindustry, Utility'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.

Utility Pretax Margin % vs Asset Management Industry

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

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


Utility 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.

Utility's Pretax Margin for the fiscal year that ended in May. 2017 is calculated as

Pretax Margin=Pre-Tax Income (A: May. 2017 )/Revenue (A: May. 2017 )
=9.294/9.784
=94.99 %

Utility's Pretax Margin for the quarter that ended in Nov. 2017 is calculated as

Pretax Margin=Pre-Tax Income (Q: Nov. 2017 )/Revenue (Q: Nov. 2017 )
=0.996/1.253
=79.49 %

* 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.

Frequently Asked Questions Learn more about Pretax Margin % →
What does a Pretax Margin % of 79.49% mean?
Utility (TSX:UTC.C) has a Pretax Margin % of 79.49% as of Nov. 2017. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Utility and its competitors.
Is Utility's Pretax Margin % too high?
Utility's current Pretax Margin % is 79.49%. The Asset Management industry median Pretax Margin % is 89.62. Utility's value of 79.49% is 11.3% below this industry median.
How does Utility's Pretax Margin % compare to PHCF?
Utility's Pretax Margin % of 79.49% can be compared against companies in the Asset Management industry. The industry median Pretax Margin % is 89.62. Utility's value of 79.49% is 11.3% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Pretax Margin % for an Asset Management company?
The median Pretax Margin % among Asset Management companies is 89.62, based on 1,570 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Utility's current Pretax Margin % of 79.49% is 11.3% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Utility and its competitors. For the Asset Management industry, the median Pretax Margin % is 89.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Utility's current Pretax Margin % is 79.49%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Utility stock overvalued right now?
Utility (TSX:UTC.C) has a current Pretax Margin % of 79.49%. The current Pretax Margin % is 79.49% and 11.3% below the Asset Management industry median of 89.62. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For Utility (TSX:UTC.C), the current Pretax Margin % is 79.49% as of Nov. 2017. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Utility Business Description

Address 40 King Street West, P.O. Box 4085, Scotia Plaza, 26th Floor, Toronto, ON, CAN, M5W 2X6
Utility Corp is a mutual fund corporation. The company holds a diversified investment portfolio (the Portfolio) of common shares (the Portfolio Shares) of selected Canadian electrical, power and utility and telecommunication companies in order to provide investors (the Shareholders) with a stable monthly dividend stream and capital appreciation potential.