Japan Exchange Group (FRA:OSK) Pre-Tax Income: €499.7 Mil (TTM As of Mar. 2026)

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FRA:OSK Japan Exchange Group Inc FRA:OSK
90 GF Score
Price €11.90
GF Value €11.42
Valuation Fairly Valued
! 7 Warning Signs
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What is Japan Exchange Group Pre-Tax Income?

Japan Exchange Group FRA:OSK -2.46% 90 Pre-Tax Income is €499.7 Mil as of Mar. 2026. GuruFocus rates FRA:OSK with a GF Score™ of 90/100 and a GF Value™ of €11.42 (Fairly Valued). The stock has 7 warning signs investors should review.

Pretax income is the income that a company earns before paying income taxes. Japan Exchange Group's pretax income for the three months ended in Mar. 2026 was €46.9 Mil. Its pretax income for the trailing twelve months (TTM) ended in Mar. 2026 was €499.7 Mil. Japan Exchange Group's pretax margin was 35.40%.

During the past 13 years, Japan Exchange Group's highest Pretax Margin was 60.33%. The lowest was 50.71%. And the median was 55.99%.


Japan Exchange Group  (FRA:OSK) Pre-Tax Income Explanation

Japan Exchange Group's Pretax Margin for the quarter that ended in Mar. 2026 is calculated as

Pretax Margin=Pretax Income/Revenue
=46.874/132.408
=35.40%

During the past 13 years, Japan Exchange Group's highest Pretax Margin was 60.33%. The lowest was 50.71%. And the median was 55.99%.

* 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.


Japan Exchange Group Pre-Tax Income Related Terms


Japan Exchange Group Pre-Tax Income Historical Data

* Premium members only.

The historical data trend for Japan Exchange Group's Pre-Tax Income 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.

Japan Exchange Group Pre-Tax Income Chart

Japan Exchange Group Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Pre-Tax Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 562.28 476.61 536.73 725.55 637.34

Japan Exchange Group Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Pre-Tax Income 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 151.88 150.83 165.37 46.87 136.65

FRA:OSK vs SPGI, CME, ICE: Pre-Tax Income Comparison

For the Financial Data & Stock Exchanges subindustry, Japan Exchange Group's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income 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.


Japan Exchange Group Pre-Tax Income vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Japan Exchange Group's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Japan Exchange Group's Pre-Tax Income falls into.


FRA:OSK
90GF Score
Japan Exchange Group Inc FRA:OSK
Pre-Tax Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Japan Exchange Group Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

Japan Exchange Group's Pretax Income for the fiscal year that ended in Mar. 2026 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=625.91+0+-1.608+5.037+7.996
=637.3

Japan Exchange Group's Pretax Income for the quarter that ended in Mar. 2026 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=47.948+0+0.185+-1.357+0.097999999999999
=46.9

Pre-Tax Income for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €499.7 Mil.

* 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.

Frequently Asked Questions Learn more about Pre-Tax Income →
What does a Pre-Tax Income of €499.7 Mil mean?
Japan Exchange Group (FRA:OSK) has a Pre-Tax Income of €499.7 Mil as of Mar. 2026. Pre-Tax Income is the total earnings before taxes but after all operating and interest expenses. View historical data on Japan Exchange Group and its competitors.
Is Japan Exchange Group's Pre-Tax Income too high?
Japan Exchange Group's current Pre-Tax Income is €499.7 Mil. Overall, Japan Exchange Group has a GF Score™ of 90/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Japan Exchange Group's Pre-Tax Income compare to SPGI and CME?
Japan Exchange Group's Pre-Tax Income of €499.7 Mil can be compared against companies in the Capital Markets industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Pre-Tax Income for a Capital Markets company?
A good Pre-Tax Income depends on the Capital Markets industry context. However, Pre-Tax Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Pre-Tax Income mean?
A high Pre-Tax Income can signal that a stock is expensive relative to its fundamentals. Pre-Tax Income is the total earnings before taxes but after all operating and interest expenses. View historical data on Japan Exchange Group and its competitors. Japan Exchange Group's current Pre-Tax Income is €499.7 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Japan Exchange Group stock overvalued right now?
Based on GuruFocus' analysis, Japan Exchange Group (FRA:OSK) is currently considered Fairly Valued. The stock's GF Value™ is €11.42, compared to a current price of €11.90 — trading 4.2% above its estimated fair value. The current Pre-Tax Income is €499.7 Mil. Japan Exchange Group's overall GF Score™ is 90/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pre-Tax Income calculated?
Pre-Tax Income is calculated from a company's financial statements. For Japan Exchange Group (FRA:OSK), the current Pre-Tax Income is €499.7 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Japan Exchange Group (FRA:OSK) Overvalued in 2026?

Based on GuruFocus' analysis, Japan Exchange Group stock appears to be overvalued. The current stock price of €11.90 is trading 4.2% above its estimated GF Value™ of €11.42. GuruFocus considers Japan Exchange Group to be Fairly Valued.

Key valuation signals for FRA:OSK:

  • Pre-Tax Income: €499.7 Mil
  • GF Value™: €11.42 vs. price of €11.90 (4.2% above fair value)
  • GF Score™: 90/100 with 7 warning signs

No single metric tells the full story. See the FRA:OSK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Japan Exchange Group Business Description

Address 2-1 Kabutocho, Nihonbashi, Chuo-ku, Tokyo, JPN, 103-8224
Japan Exchange Group is a vertically integrated securities exchange business, which includes the Tokyo Stock Exchange, Osaka Exchange, and Tokyo Commodity Exchange. JPX ranks among the top five largest stock exchange operators in the world by market capitalization, and its Nikkei 225 and Topix derivatives products are some of the most widely traded derivatives products in the world.
90GF Score

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Pre-Tax Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€11.90
Price
€11.42
GF Value