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Meritz Financial Group (XKRX:138040) Pretax Margin % : 65.74% (As of Dec. 2024)


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What is Meritz Financial Group Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Meritz Financial Group's Pre-Tax Income for the three months ended in Dec. 2024 was ₩484,115 Mil. Meritz Financial Group's Revenue for the three months ended in Dec. 2024 was ₩736,422 Mil. Therefore, Meritz Financial Group's pretax margin for the quarter that ended in Dec. 2024 was 65.74%.

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

XKRX:138040' s Pretax Margin % Range Over the Past 10 Years
Min: 32.14   Med: 39.78   Max: 74.16
Current: 73.5


XKRX:138040's Pretax Margin % is ranked worse than
61.37% of 1631 companies
in the Asset Management industry
Industry Median: 91.85 vs XKRX:138040: 73.50

Meritz Financial Group Pretax Margin % Historical Data

The historical data trend for Meritz Financial Group'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.

Meritz Financial Group Pretax Margin % Chart

Meritz Financial Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 36.61 44.87 70.22 69.35 74.16

Meritz Financial Group Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 52.84 73.21 78.58 73.19 65.74

Competitive Comparison of Meritz Financial Group's Pretax Margin %

For the Asset Management subindustry, Meritz Financial Group'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.


Meritz Financial Group's Pretax Margin % Distribution in the Asset Management Industry

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

* The bar in red indicates where Meritz Financial Group's Pretax Margin % falls into.


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Meritz Financial Group 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.

Meritz Financial Group's Pretax Margin for the fiscal year that ended in Dec. 2024 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2024 )/Revenue (A: Dec. 2024 )
=3141145.333/4235510.707
=74.16 %

Meritz Financial Group's Pretax Margin for the quarter that ended in Dec. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Dec. 2024 )/Revenue (Q: Dec. 2024 )
=484114.78/736421.809
=65.74 %

* 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.


Meritz Financial Group  (XKRX:138040) 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.


Meritz Financial Group Pretax Margin % Related Terms

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Meritz Financial Group Business Description

Traded in Other Exchanges
N/A
Address
Yeoksam-dong 825-2, Gangnam-gu, Seoul, KOR, 135-934
Meritz Financial Group is a Korea-based asset management company. Through its subsidiaries such as Meritz Fire & Marine Insurance CO, it is engaged in the property and casualty insurance business. Its other subsidiaries are engaged in the securities brokerage business and finance investment business, provision of integrated computer system services and credit finance services.

Meritz Financial Group Headlines

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