GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Ellington Credit Co (NYSE:EARN) » Definitions » Pretax Margin %

Ellington Credit Co (Ellington Credit Co) Pretax Margin % : 90.05% (As of Dec. 2023)


View and export this data going back to 2013. Start your Free Trial

What is Ellington Credit Co Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Ellington Credit Co's Pre-Tax Income for the three months ended in Dec. 2023 was $12.44 Mil. Ellington Credit Co's Revenue for the three months ended in Dec. 2023 was $13.81 Mil. Therefore, Ellington Credit Co's pretax margin for the quarter that ended in Dec. 2023 was 90.05%.

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

EARN' s Pretax Margin % Range Over the Past 10 Years
Min: 0.58   Med: 75.65   Max: 1132.68
Current: 45.17


EARN's Pretax Margin % is ranked worse than
67.37% of 1667 companies
in the Asset Management industry
Industry Median: 90.14 vs EARN: 45.17

Ellington Credit Co Pretax Margin % Historical Data

The historical data trend for Ellington Credit Co'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.

Ellington Credit Co Pretax Margin % Chart

Ellington Credit Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 80.80 77.54 1,132.68 120.45 45.17

Ellington Credit Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 90.19 64.17 44.51 113.47 90.05

Competitive Comparison of Ellington Credit Co's Pretax Margin %

For the Asset Management subindustry, Ellington Credit Co'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.


Ellington Credit Co's Pretax Margin % Distribution in the Asset Management Industry

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

* The bar in red indicates where Ellington Credit Co's Pretax Margin % falls into.



Ellington Credit Co 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.

Ellington Credit Co'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 )
=4.559/10.094
=45.17 %

Ellington Credit Co's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=12.439/13.813
=90.05 %

* 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.


Ellington Credit Co  (NYSE:EARN) 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.


Ellington Credit Co Pretax Margin % Related Terms

Thank you for viewing the detailed overview of Ellington Credit Co's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Ellington Credit Co (Ellington Credit Co) Business Description

Traded in Other Exchanges
Address
53 Forest Avenue, Old Greenwich, CT, USA, 06870
Ellington Residential Mortgage REIT is principally engaged in the business of acquiring, investing in, and managing residential mortgage- and real estate-related assets through its wholly-owned subsidiaries. The company's primary objective is to generate attractive current yields and risk-adjusted total returns for shareholders by investing in assets that compensate appropriately for the risks associated with them.
Executives
Mary E Mcbride director 6199 E. PRINCETON CIRCLE, ENGLEWOOD CO 80111
Blackstone Holdings Iii L.p. 10 percent owner C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154
Chukudi Melvin Ike director 53 FOREST AVENUE, OLD GREENWICH CT 06870
Ronald I Simon director 485 MADISON AVENUE, 14TH FLOOR, NEW YORK NY 10022
Laurence Penn director, officer: CEO and President 52 FOREST AVENUE, OLD GREENWICH CT 06870
John Herlihy officer: Chief Operating Officer 53 FOREST AVENUE, OLD GREENWICH CT 06870
Chris Smernoff officer: Chief Financial Officer 53 FOREST AVENUE, OLD GREENWICH CT 06870
Mark Tecotzky officer: Co-Chief Investment Officer 53 FOREST AVENUE, OLD GREENWICH CT 06870
Michael W Vranos director, officer: Co-Chief Investment Officer 52 FOREST AVENUE, OLD GREENWICH CT 06870
David Miller director 53 FOREST AVENUE, OLD GREENWICH CT 06870
Bto Earn Manager L.l.c. 10 percent owner C/O THE BLACKSTONE GROUP, 345 PARK AVENUE, NEW YORK NY 10154
Blackstone Tactical Opportunities Earn Holdings L.l.c. 10 percent owner C/O THE BLACKSTONE GROUP, 345 PARK AVENUE, NEW YORK NY 10154
Stephen A Schwarzman 10 percent owner C/O BLACKSTONE INC., 345 PARK AVE, NEW YORK NY 10154
Btoa L.l.c. 10 percent owner C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154
Blackstone Holdings Iii Gp Management L.l.c. 10 percent owner C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154

Ellington Credit Co (Ellington Credit Co) Headlines

From GuruFocus

Ellington Residential Declares Monthly Common Dividend

By Business Wire Business Wire 11-07-2022

Ellington Residential Declares Monthly Common Dividend

By Business Wire Business Wire 07-08-2022

Ellington Residential Declares Monthly Common Dividend

By Business Wire Business Wire 04-07-2022

Ellington Residential Declares Monthly Common Dividend

By Business Wire Business Wire 03-07-2022

Ellington Residential Declares Monthly Common Dividend

By Business Wire Business Wire 05-08-2023

Ellington Residential Declares Monthly Common Dividend

By Business Wire Business Wire 01-09-2023

Ellington Residential Declares Monthly Common Dividend

By Business Wire Business Wire 12-07-2022