SWGAF (The Swatch Group AG) Pre-Tax Income: $196 Mil (TTM As of Dec. 2025)

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SWGAF The Swatch Group AG SWGAF
71 GF Score
Price $257.42
GF Value $169.42
Valuation Significantly Overvalued
! 10 Warning Signs
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What is The Swatch Group AG Pre-Tax Income?

The Swatch Group AG SWGAF 71 Pre-Tax Income is $196 Mil as of Dec. 2025. GuruFocus rates SWGAF with a GF Score™ of 71/100 and a GF Value™ of $169.42 (Significantly Overvalued). The stock has 10 warning signs investors should review.

Pretax income is the income that a company earns before paying income taxes. The Swatch Group AG's pretax income for the six months ended in Dec. 2025 was $108 Mil. Its pretax income for the trailing twelve months (TTM) ended in Dec. 2025 was $196 Mil. The Swatch Group AG's pretax margin was 2.67%.

During the past 13 years, The Swatch Group AG's highest Pretax Margin was 14.62%. The lowest was 0.64%. And the median was 12.39%.


The Swatch Group AG  (OTCPK:SWGAF) Pre-Tax Income Explanation

The Swatch Group AG's Pretax Margin for the quarter that ended in Dec. 2025 is calculated as

Pretax Margin=Pretax Income/Revenue
=107.918/4041.912
=2.67%

During the past 13 years, The Swatch Group AG's highest Pretax Margin was 14.62%. The lowest was 0.64%. And the median was 12.39%.

* 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.


The Swatch Group AG Pre-Tax Income Related Terms


The Swatch Group AG Pre-Tax Income Historical Data

* Premium members only.

The historical data trend for The Swatch Group AG'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.

The Swatch Group AG Pre-Tax Income Chart

The Swatch Group AG 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 1,097.72 1,176.47 1,332.10 386.95 198.27

The Swatch Group AG Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 577.01 251.73 134.59 88.54 107.92

SWGAF vs TPR, SIG, CPRI: Pre-Tax Income Comparison

For the Luxury Goods subindustry, The Swatch Group AG'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.


The Swatch Group AG Pre-Tax Income vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, The Swatch Group AG's Pre-Tax Income distribution charts can be found below:

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


SWGAF
71GF Score
The Swatch Group AG SWGAF
Pre-Tax Income is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

The Swatch Group AG Pre-Tax Income Calculation

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

The Swatch Group AG'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
=169.406+0+-5.019+30.117+3.764
=198

The Swatch Group AG's Pretax Income for the quarter that ended in Dec. 2025 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=84.076+0+-3.765+0+27.607
=108

Pre-Tax Income for the trailing twelve months (TTM) ended in Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was $196 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 $196 Mil mean?
The Swatch Group AG (SWGAF) has a Pre-Tax Income of $196 Mil as of Dec. 2025. Pre-Tax Income is the total earnings before taxes but after all operating and interest expenses. View historical data on The Swatch Group AG and its competitors.
Is The Swatch Group AG's Pre-Tax Income too high?
The Swatch Group AG's current Pre-Tax Income is $196 Mil. Overall, The Swatch Group AG has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does The Swatch Group AG's Pre-Tax Income compare to TPR and SIG?
The Swatch Group AG's Pre-Tax Income of $196 Mil can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good Pre-Tax Income depends on the Retail - Cyclical 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 The Swatch Group AG and its competitors. The Swatch Group AG's current Pre-Tax Income is $196 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Swatch Group AG stock overvalued right now?
Based on GuruFocus' analysis, The Swatch Group AG (SWGAF) is currently considered Significantly Overvalued. The stock's GF Value™ is $169.42, compared to a current price of $257.42 — trading 51.9% above its estimated fair value. The current Pre-Tax Income is $196 Mil. The Swatch Group AG's overall GF Score™ is 71/100 with 10 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 The Swatch Group AG (SWGAF), the current Pre-Tax Income is $196 Mil as of Dec. 2025. 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 The Swatch Group AG (SWGAF) Overvalued in 2026?

Based on GuruFocus' analysis, The Swatch Group AG stock appears to be overvalued. The current stock price of $257.42 is trading 51.9% above its estimated GF Value™ of $169.42. GuruFocus considers The Swatch Group AG to be Significantly Overvalued.

Key valuation signals for SWGAF:

  • Pre-Tax Income: $196 Mil
  • GF Value™: $169.42 vs. price of $257.42 (51.9% above fair value)
  • GF Score™: 71/100 with 10 warning signs

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


The Swatch Group AG Business Description

Address Seevorstadt 6, P.O Box 1232, Bienne, CHE, 2501
Swatch Group's biggest brands are Omega (number two or three in its category), Breguet, Tissot (the leader in midrange Swiss watches), and Swatch. The company employs over 32,000 people, half of them in Switzerland. We estimate Omega and Longines to be the group's most profitable brands.
71GF Score

Get the complete analysis for SWGAF

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

$257.42
Price
$169.42
GF Value