Thales (STU:CSF) Pre-Tax Income: €1,794 Mil (TTM As of Jun. 2026)

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STU:CSF Thales STU:CSF
85 GF Score
Price €253.00
GF Value €212.75
Valuation Modestly Overvalued
! 2 Warning Signs
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What is Thales Pre-Tax Income?

Thales STU:CSF -0.94% 85 Pre-Tax Income is €1,794 Mil as of Jun. 2026. GuruFocus rates STU:CSF with a GF Score™ of 85/100 and a GF Value™ of €212.75 (Modestly Overvalued). The stock has 2 warning signs investors should review.

Pretax income is the income that a company earns before paying income taxes. Thales's pretax income for the six months ended in Jun. 2026 was €605 Mil. Its pretax income for the trailing twelve months (TTM) ended in Jun. 2026 was €1,794 Mil. Thales's pretax margin was 5.52%.

During the past 13 years, Thales's highest Pretax Margin was 9.20%. The lowest was 3.34%. And the median was 7.43%.


Thales  (STU:CSF) Pre-Tax Income Explanation

Thales's Pretax Margin for the quarter that ended in Jun. 2026 is calculated as

Pretax Margin=Pretax Income/Revenue
=604.6/10948.9
=5.52%

During the past 13 years, Thales's highest Pretax Margin was 9.20%. The lowest was 3.34%. And the median was 7.43%.

* 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.


Thales Pre-Tax Income Related Terms


Thales Pre-Tax Income Historical Data

* Premium members only.

The historical data trend for Thales'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.

Thales Pre-Tax Income Chart

Thales Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Pre-Tax Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,164.50 1,347.00 1,180.80 1,179.60 2,036.30

Thales Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 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 718.60 461.00 846.90 1,189.40 604.60

STU:CSF vs SPCX, GE, RTX: Pre-Tax Income Comparison

For the Aerospace & Defense subindustry, Thales'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.


Thales Pre-Tax Income vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Thales's Pre-Tax Income distribution charts can be found below:

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


STU:CSF
85GF Score
Thales STU:CSF
Pre-Tax Income is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Thales Pre-Tax Income Calculation

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

Thales's Pretax Income for the fiscal year that ended in Dec. 2025 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=2218.7+0+-287.9+116.8+-11.3
=2,036

Thales's Pretax Income for the quarter that ended in Jun. 2026 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=1152.4+0+-48.1+74.2+-573.9
=605

Pre-Tax Income for the trailing twelve months (TTM) ended in Jun. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was €1,794 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 €1,794 Mil mean?
Thales (STU:CSF) has a Pre-Tax Income of €1,794 Mil as of Jun. 2026. Pre-Tax Income is the total earnings before taxes but after all operating and interest expenses. View historical data on Thales and its competitors.
Is Thales' Pre-Tax Income too high?
Thales' current Pre-Tax Income is €1,794 Mil. Overall, Thales has a GF Score™ of 85/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Thales' Pre-Tax Income compare to SPCX and GE?
Thales' Pre-Tax Income of €1,794 Mil can be compared against companies in the Aerospace & Defense 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 an Aerospace & Defense company?
A good Pre-Tax Income depends on the Aerospace & Defense 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 Thales and its competitors. Thales's current Pre-Tax Income is €1,794 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thales stock overvalued right now?
Based on GuruFocus' analysis, Thales (STU:CSF) is currently considered Modestly Overvalued. The stock's GF Value™ is €212.75, compared to a current price of €253.00 — trading 18.9% above its estimated fair value. The current Pre-Tax Income is €1,794 Mil. Thales' overall GF Score™ is 85/100 with 2 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 Thales (STU:CSF), the current Pre-Tax Income is €1,794 Mil as of Jun. 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 Thales (STU:CSF) Overvalued in 2026?

Based on GuruFocus' analysis, Thales stock appears to be overvalued. The current stock price of €253.00 is trading 18.9% above its estimated GF Value™ of €212.75. GuruFocus considers Thales to be Modestly Overvalued.

Key valuation signals for STU:CSF:

  • Pre-Tax Income: €1,794 Mil
  • GF Value™: €212.75 vs. price of €253.00 (18.9% above fair value)
  • GF Score™: 85/100 with 2 warning signs

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


Thales Business Description

Address 4, rue de la Verrerie, Meudon, FRA, 92190
Thales is a French aerospace and defense industrial and one of Europe's largest defense contractors. The company has three segments: defense and security provides sensors, mission systems, communications, and control systems to European and export defense customers; aerospace sells avionics and satellites to the civil, defense, and governmental markets; and digital identity and security provides biometric, data, and identity security solutions, payments services, and the manufacturing of SIM cards.
85GF Score

Get the complete analysis for STU:CSF

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

€253.00
Price
€212.75
GF Value