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North American Financial 15 Split (TSX:FFN) Pretax Margin % : 96.22% (As of Nov. 2023)


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What is North American Financial 15 Split Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. North American Financial 15 Split's Pre-Tax Income for the six months ended in Nov. 2023 was C$44.22 Mil. North American Financial 15 Split's Revenue for the six months ended in Nov. 2023 was C$45.96 Mil. Therefore, North American Financial 15 Split's pretax margin for the quarter that ended in Nov. 2023 was 96.22%.

The historical rank and industry rank for North American Financial 15 Split's Pretax Margin % or its related term are showing as below:

TSX:FFN' s Pretax Margin % Range Over the Past 10 Years
Min: 90.54   Med: 96.98   Max: 190.85
Current: 114.52


TSX:FFN's Pretax Margin % is ranked better than
88.73% of 1668 companies
in the Asset Management industry
Industry Median: 89.59 vs TSX:FFN: 114.52

North American Financial 15 Split Pretax Margin % Historical Data

The historical data trend for North American Financial 15 Split'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.

North American Financial 15 Split Pretax Margin % Chart

North American Financial 15 Split Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 96.08 103.22 97.11 190.85 114.52

North American Financial 15 Split Semi-Annual Data
May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
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 92.99 104.51 95.93 102.47 96.22

Competitive Comparison of North American Financial 15 Split's Pretax Margin %

For the Asset Management subindustry, North American Financial 15 Split'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.


North American Financial 15 Split's Pretax Margin % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, North American Financial 15 Split's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where North American Financial 15 Split's Pretax Margin % falls into.



North American Financial 15 Split 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.

North American Financial 15 Split's Pretax Margin for the fiscal year that ended in Nov. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Nov. 2023 )/Revenue (A: Nov. 2023 )
=-27.276/-23.817
=114.52 %

North American Financial 15 Split's Pretax Margin for the quarter that ended in Nov. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Nov. 2023 )/Revenue (Q: Nov. 2023 )
=44.219/45.956
=96.22 %

* 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.


North American Financial 15 Split  (TSX:FFN) 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.


North American Financial 15 Split Pretax Margin % Related Terms

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North American Financial 15 Split (TSX:FFN) Business Description

Traded in Other Exchanges
Address
200 Front Street West, Suite 2510, P.O. Box 51, Toronto, ON, CAN, M5V 3K2
North American Financial 15 Split Corp is an investment company. It invests in an actively managed portfolio of common shares comprised of core large-capitalization Canadian and United States financial services companies. It also invests in equity securities of issuers. The company's investment objective is to provide holders of Preferred Shares with cumulative preferential monthly cash dividends and to provide holders of Class A shares with regular monthly cash distributions.

North American Financial 15 Split (TSX:FFN) Headlines

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