NewtekOne (NAS:NEWT) Pretax Margin %

: 15.99% (As of Mar. 2023)

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Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. NewtekOne's Pre-Tax Income for the three months ended in Mar. 2023 was $6.9 Mil. NewtekOne's Revenue for the three months ended in Mar. 2023 was $42.9 Mil. Therefore, NewtekOne's pretax margin for the quarter that ended in Mar. 2023 was 15.99%.

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

NEWT' s Pretax Margin % Range Over the Past 10 Years
Min: 5.99 Med: 48.6 Max: 58.67
Current: 28.55

NEWT's Pretax Margin % is ranked worse than
66.9% of 1441 companies
in the Banks industry
Industry Median: 35.41 vs NEWT: 28.55

NewtekOne Pretax Margin % Historical Data

The historical data trend for NewtekOne'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.

NewtekOne Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Pretax Margin %

47.31

49.89

43.52

57.84

36.87

NewtekOne Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Pretax Margin %																41.87	44.66	41.09	17.20	15.99

NewtekOne 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.

NewtekOne's Pretax Margin for the fiscal year that ended in Dec. 2022 is calculated as

Pretax Margin	=	Pre-Tax Income (A: Dec. 2022 )	/	Revenue (A: Dec. 2022 )
	=	38.775	/	105.17
	=	36.87 %

NewtekOne's Pretax Margin for the quarter that ended in Mar. 2023 is calculated as

Pretax Margin	=	Pre-Tax Income (Q: Mar. 2023 )	/	Revenue (Q: Mar. 2023 )
	=	6.855	/	42.866
	=	15.99 %

NewtekOne (NAS:NEWT) 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.

NewtekOne Pretax Margin % Related Terms

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NewtekOne (NAS:NEWT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » NewtekOne Inc (NAS:NEWT) » Definitions » Pretax Margin %

Comparable Companies

Traded in Other Exchanges

1N31:Germany

Address

4800 T Rex Avenue, Suite 120, Boca Raton, FL, USA, 33431

Website

https://www.newtekone.com

NewtekOne Inc, formerly Newtek Business Services Corp is a non-diversified closed-end management investment company. The firm's investment objective is to generate current income and capital appreciation. The company provides business solutions that are designed to help organizations to grow sales, reduce costs, and minimize risk. Its solutions include web design, domains, hosting, website security, and others.

Executives

Fernando Perez-hickman	director	200 WEST CONGRESS STREET, LAFAYETTE LA 70501
Halli Razon-feingold	director	4800 T-REX AVENUE, SUITE 120, BOCA RATON FL 33019
Nicolas Young	officer: Chief Risk Officer	200 WEST CONGRESS STREET, LAFAYETTE LA 70501
Nicholas J Leger	officer: Chief Accounting Officer	348 ALFRED STREET, NORTH BABYLON NY 11703
Christopher Towers	officer: Chief Accounting Officer	1981 MARCUS AVENUE, SUITE 130, LAKE SUCCESS NY 11042
Gregory L Zink	director	1981 MARCUS AVENUE, SUITE 130, LAKE SUCCESS NY 11042
Nilesh Joshi	officer: Chief Information Officer	5617 W. MOLLY LANE, PHOENIX AZ 85083
Dean Choksi	officer: Treasurer	212 WEST 35TH STREET, FLOOR 2, NEW YORK NY 10001
John Raven	officer: Chief Info. Security Officer
Richard J Salute	director	P O BOX 306, WOODBURY NY 11797
Michael Adam Schwartz	officer: Chief Legal Officer, Secretary	C/O NEWTEK BUSINESS SERVICES INC, 462 SEVENTH AVENUE, 14TH FLOOR, NEW YORK NY 10018
Barry Sloane	director, officer: CEO and President
Peter Mathison Downs	director	1440 PINEACRES BLVD, BAY SHORE NY 11706
Salvatore Francis Mulia	director	4 WHITNEY STREET EXTENSION, WESTPORT CT 06880
Jennifer Catherine Eddelson	officer: Principal Financial Officer	60 HEMPSTEAD AVENUE, 6TH FLOOR, WEST HEMPSTEAD NY 11552