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Wereldhave Belgium (XBRU:WEHB) Pretax Margin % : 32.45% (As of Dec. 2023)


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What is Wereldhave Belgium Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Wereldhave Belgium's Pre-Tax Income for the six months ended in Dec. 2023 was €13.08 Mil. Wereldhave Belgium's Revenue for the six months ended in Dec. 2023 was €40.30 Mil. Therefore, Wereldhave Belgium's pretax margin for the quarter that ended in Dec. 2023 was 32.45%.

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

XBRU:WEHB' s Pretax Margin % Range Over the Past 10 Years
Min: -32.86   Med: 67.54   Max: 109.59
Current: 36.97


XBRU:WEHB's Pretax Margin % is ranked better than
51.88% of 796 companies
in the REITs industry
Industry Median: 33.985 vs XBRU:WEHB: 36.97

Wereldhave Belgium Pretax Margin % Historical Data

The historical data trend for Wereldhave Belgium'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.

Wereldhave Belgium Pretax Margin % Chart

Wereldhave Belgium 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 39.27 -32.86 56.73 76.55 36.97

Wereldhave Belgium Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 73.71 95.16 59.08 41.65 32.45

Competitive Comparison of Wereldhave Belgium's Pretax Margin %

For the REIT - Retail subindustry, Wereldhave Belgium'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.


Wereldhave Belgium's Pretax Margin % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Wereldhave Belgium's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Wereldhave Belgium's Pretax Margin % falls into.



Wereldhave Belgium 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.

Wereldhave Belgium'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 )
=29.294/79.236
=36.97 %

Wereldhave Belgium'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 )
=13.079/40.303
=32.45 %

* 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.


Wereldhave Belgium  (XBRU:WEHB) 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.


Wereldhave Belgium Pretax Margin % Related Terms

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Wereldhave Belgium (XBRU:WEHB) Business Description

Traded in Other Exchanges
Address
Medialaan 30/6, Vilvoorde, BEL, 1800
Wereldhave Belgium is a publicly-regulated real estate company with a focus on commercial property and operating in Belgium. Wereldhave Belgium targets shopping centers as new investments. Its operational shopping center portfolio includes locations in Liege, Nivelles, Tournai, Ghent, Genk, Waterloo, and Kortrijk. The company also owns office properties in Brussels, Vilvoorde, and Antwerp. The company's strategy is to create value through both active management and redevelopment, with tactics that include maintaining contact with lessees to acquire up-to-date market information. Majority of its revenue is from rental income.

Wereldhave Belgium (XBRU:WEHB) Headlines

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