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Y.D. More Investments (XTAE:MRIN) Pretax Margin % : 18.69% (As of Mar. 2024)


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What is Y.D. More Investments Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Y.D. More Investments's Pre-Tax Income for the three months ended in Mar. 2024 was ₪35.2 Mil. Y.D. More Investments's Revenue for the three months ended in Mar. 2024 was ₪188.2 Mil. Therefore, Y.D. More Investments's pretax margin for the quarter that ended in Mar. 2024 was 18.69%.

The historical rank and industry rank for Y.D. More Investments's Pretax Margin % or its related term are showing as below:

XTAE:MRIN' s Pretax Margin % Range Over the Past 10 Years
Min: 12.73   Med: 18.8   Max: 34.96
Current: 18.64


XTAE:MRIN's Pretax Margin % is ranked worse than
76.33% of 1656 companies
in the Asset Management industry
Industry Median: 90.93 vs XTAE:MRIN: 18.64

Y.D. More Investments Pretax Margin % Historical Data

The historical data trend for Y.D. More Investments'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.

Y.D. More Investments Pretax Margin % Chart

Y.D. More Investments Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only 24.63 12.73 13.26 13.99 18.80

Y.D. More Investments Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 19.35 18.62 19.16 18.10 18.69

Competitive Comparison of Y.D. More Investments's Pretax Margin %

For the Asset Management subindustry, Y.D. More Investments'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.


Y.D. More Investments's Pretax Margin % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Y.D. More Investments's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Y.D. More Investments's Pretax Margin % falls into.



Y.D. More Investments 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.

Y.D. More Investments'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 )
=121.928/648.534
=18.80 %

Y.D. More Investments's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=35.171/188.174
=18.69 %

* 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.


Y.D. More Investments  (XTAE:MRIN) 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.


Y.D. More Investments Pretax Margin % Related Terms

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Y.D. More Investments (XTAE:MRIN) Business Description

Traded in Other Exchanges
N/A
Address
Ben-Gurion Road 2, BSR Tower 1, Ramat Gan, ISR
Y.D. More Investments Ltd is an investment house specialising in personal investment management services. Its activities include fund management, mutual funds and investment banking and portfolio management, among others. Its client base includes private investors, institutional bodies and corporations.