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Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. XAI Octagon Floating Rate & Alternativeome Trust's Pre-Tax Income for the six months ended in Sep. 2024 was $12.25 Mil. XAI Octagon Floating Rate & Alternativeome Trust's Revenue for the six months ended in Sep. 2024 was $17.34 Mil. Therefore, XAI Octagon Floating Rate & Alternativeome Trust's pretax margin for the quarter that ended in Sep. 2024 was 70.66%.
The historical rank and industry rank for XAI Octagon Floating Rate & Alternativeome Trust's Pretax Margin % or its related term are showing as below:
The historical data trend for XAI Octagon Floating Rate & Alternativeome 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.
XAI Octagon Floating Rate & Alternativeome Trust Annual Data | |||||||||||||||||
Trend | Sep17 | Sep18 | Sep19 | Sep20 | Sep21 | Sep22 | Sep23 | Sep24 | |||||||||
Pretax Margin % | Get a 7-Day Free Trial | 117.29 | 92.46 | 117.87 | 87.98 | 84.68 |
XAI Octagon Floating Rate & Alternativeome Trust Semi-Annual Data | |||||||||||||||
Sep17 | Mar18 | Sep18 | Mar19 | Sep19 | Mar20 | Sep20 | Mar21 | Sep21 | Mar22 | Sep22 | Mar23 | Sep23 | Mar24 | Sep24 | |
Pretax Margin % | Get a 7-Day Free Trial |
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111.61 | 79.86 | 91.65 | 90.70 | 70.66 |
For the Asset Management subindustry, XAI Octagon Floating Rate & Alternativeome 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.
For the Asset Management industry and Financial Services sector, XAI Octagon Floating Rate & Alternativeome Trust's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where XAI Octagon Floating Rate & Alternativeome Trust's Pretax Margin % falls into.
Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.
XAI Octagon Floating Rate & Alternativeome Trust's Pretax Margin for the fiscal year that ended in Sep. 2024 is calculated as
Pretax Margin | = | Pre-Tax Income (A: Sep. 2024 ) | / | Revenue (A: Sep. 2024 ) |
= | 48.864 | / | 57.704 | |
= | 84.68 % |
XAI Octagon Floating Rate & Alternativeome 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 ) |
= | 12.254 | / | 17.342 | |
= | 70.66 % |
* 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.
XAI Octagon Floating Rate & Alternativeome Trust (NYSE:XFLT) 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.
Thank you for viewing the detailed overview of XAI Octagon Floating Rate & Alternativeome Trust's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
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