DRI Healthcare Trust (TSX:DHT.U) Pretax Margin % : 39.00% (As of Dec. 2023)

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What is DRI Healthcare Trust Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. DRI Healthcare Trust's Pre-Tax Income for the three months ended in Dec. 2023 was $22.2 Mil. DRI Healthcare Trust's Revenue for the three months ended in Dec. 2023 was $56.9 Mil. Therefore, DRI Healthcare Trust's pretax margin for the quarter that ended in Dec. 2023 was 39.00%.

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

TSX:DHT.U' s Pretax Margin % Range Over the Past 10 Years
Min: 14.52 Med: 29.4 Max: 42.35
Current: 42.35

TSX:DHT.U's Pretax Margin % is ranked better than
97.06% of 1022 companies
in the Drug Manufacturers industry
Industry Median: 4.555 vs TSX:DHT.U: 42.35

DRI Healthcare Trust Pretax Margin % Historical Data

The historical data trend for DRI Healthcare 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.

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DRI Healthcare Trust Pretax Margin % Chart

DRI Healthcare Trust Annual Data

Trend

Dec21

Dec22

Dec23

Pretax Margin %

29.40

14.52

42.34

DRI Healthcare Trust Quarterly Data
	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Pretax Margin %	Get a 7-Day Free Trial							-29.00	-5.51	64.78	-15.18	39.00

Competitive Comparison of DRI Healthcare Trust's Pretax Margin %

For the Drug Manufacturers - Specialty & Generic subindustry, DRI Healthcare 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.

DRI Healthcare Trust's Pretax Margin % Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, DRI Healthcare Trust's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where DRI Healthcare Trust's Pretax Margin % falls into.

DRI Healthcare Trust 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.

DRI Healthcare Trust'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 )
	=	92.304	/	217.981
	=	42.34 %

DRI Healthcare Trust'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 )
	=	22.175	/	56.864
	=	39.00 %

DRI Healthcare Trust (TSX:DHT.U) 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.

DRI Healthcare Trust Pretax Margin % Related Terms

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DRI Healthcare Trust (TSX:DHT.U) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » DRI Healthcare Trust (TSX:DHT.U) » Definitions » Pretax Margin %

Comparable Companies

Traded in Other Exchanges

DHTRF:USA DHT.UN:Canada

Address

100 King Street West, 1 First Canadian Place, Suite 7250, Toronto, ON, CAN, M5X 1B1

Website

https://www.dricapital.com

DRI Healthcare Trust is a pioneer in global pharmaceutical royalty monetization with a more than 30-year history of accelerating innovation by providing capital to inventors, academic institutions, and biopharma companies. In return for providing capital to biopharmaceutical innovators, the company is building a diversified portfolio of interests in medicines that have a demonstrable positive impact on the world.

DRI Healthcare Trust (TSX:DHT.U) Headlines

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