Carl Zeiss Meditec AG (XSWX:AFX) Pre-Tax Income: CHF159 Mil (TTM As of Dec. 2025)

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XSWX:AFX Carl Zeiss Meditec AG XSWX:AFX
70 GF Score
Price CHF27.56
GF Value CHF66.33
! 3 Warning Signs
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What is Carl Zeiss Meditec AG Pre-Tax Income?

Carl Zeiss Meditec AG XSWX:AFX 70 Pre-Tax Income is CHF159 Mil as of Dec. 2025. GuruFocus rates XSWX:AFX with a GF Score™ of 70/100 and a GF Value™ of CHF66.33. The stock has 3 warning signs investors should review.

Pretax income is the income that a company earns before paying income taxes. Carl Zeiss Meditec AG's pretax income for the three months ended in Dec. 2025 was CHF-5 Mil. Its pretax income for the trailing twelve months (TTM) ended in Dec. 2025 was CHF159 Mil. Carl Zeiss Meditec AG's pretax margin was -1.16%.

During the past 13 years, Carl Zeiss Meditec AG's highest Pretax Margin was 21.20%. The lowest was 7.64%. And the median was 14.87%.


Carl Zeiss Meditec AG  (XSWX:AFX) Pre-Tax Income Explanation

Carl Zeiss Meditec AG's Pretax Margin for the quarter that ended in Dec. 2025 is calculated as

Pretax Margin=Pretax Income/Revenue
=-5.039/435.776
=-1.16%

During the past 13 years, Carl Zeiss Meditec AG's highest Pretax Margin was 21.20%. The lowest was 7.64%. And the median was 14.87%.

* 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.


Carl Zeiss Meditec AG Pre-Tax Income Related Terms


Carl Zeiss Meditec AG Pre-Tax Income Historical Data

* Premium members only.

The historical data trend for Carl Zeiss Meditec 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.

Carl Zeiss Meditec AG Pre-Tax Income Chart

Carl Zeiss Meditec AG Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Pre-Tax Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 368.09 388.83 396.10 226.48 181.17

Carl Zeiss Meditec AG Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 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 18.77 62.45 38.67 62.78 -5.04

XSWX:AFX vs ISRG, BDX, MDLN: Pre-Tax Income Comparison

For the Medical Instruments & Supplies subindustry, Carl Zeiss Meditec 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.


Carl Zeiss Meditec AG Pre-Tax Income vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Carl Zeiss Meditec AG's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Carl Zeiss Meditec AG's Pre-Tax Income falls into.


XSWX:AFX
70GF Score
Carl Zeiss Meditec AG XSWX:AFX
Pre-Tax Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Carl Zeiss Meditec AG Pre-Tax Income Calculation

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

Carl Zeiss Meditec AG's Pretax Income for the fiscal year that ended in Sep. 2025 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=208.668+0+-24.877+6.139+-8.759
=181

Carl Zeiss Meditec 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
=0.933+0+-6.905+1.12+-0.187
=-5

Pre-Tax Income for the trailing twelve months (TTM) ended in Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was CHF159 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 CHF159 Mil mean?
Carl Zeiss Meditec AG (XSWX:AFX) has a Pre-Tax Income of CHF159 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 Carl Zeiss Meditec AG and its competitors.
Is Carl Zeiss Meditec AG's Pre-Tax Income too high?
Carl Zeiss Meditec AG's current Pre-Tax Income is CHF159 Mil. Overall, Carl Zeiss Meditec AG has a GF Score™ of 70/100, reflecting its overall financial health beyond just this single metric.
How does Carl Zeiss Meditec AG's Pre-Tax Income compare to ISRG and BDX?
Carl Zeiss Meditec AG's Pre-Tax Income of CHF159 Mil can be compared against companies in the Medical Devices & Instruments 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 Medical Devices & Instruments company?
A good Pre-Tax Income depends on the Medical Devices & Instruments 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 Carl Zeiss Meditec AG and its competitors. Carl Zeiss Meditec AG's current Pre-Tax Income is CHF159 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Carl Zeiss Meditec AG stock overvalued right now?
Carl Zeiss Meditec AG (XSWX:AFX) has a current Pre-Tax Income of CHF159 Mil. The stock's GF Value™ is CHF66.33, compared to a current price of CHF27.56 — trading 58.5% below its estimated fair value. The current Pre-Tax Income is CHF159 Mil. Carl Zeiss Meditec AG's overall GF Score™ is 70/100 with 3 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 Carl Zeiss Meditec AG (XSWX:AFX), the current Pre-Tax Income is CHF159 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 Carl Zeiss Meditec AG (XSWX:AFX) Overvalued in 2026?

Based on GuruFocus' analysis, Carl Zeiss Meditec AG stock appears to be undervalued. The current stock price of CHF27.56 is trading 58.5% below its estimated GF Value™ of CHF66.33.

Key valuation signals for XSWX:AFX:

  • Pre-Tax Income: CHF159 Mil
  • GF Value™: CHF66.33 vs. price of CHF27.56 (58.5% below fair value)
  • GF Score™: 70/100 with 3 warning signs

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


Carl Zeiss Meditec AG Business Description

Address Goschwitzer Strasse 51-52, Jena, TH, DEU, 07745
Carl Zeiss Meditec is one of the largest visioncare technology companies in the world, and it operates in two segments: ophthalmic devices and microsurgery. OPT, which made up about 75% of sales in 2025, includes refractive lasers, surgical ophthalmic devices, equipment for ophthalmic diagnostics, as well as a portfolio of intraocular lenses and disposable medical instruments. With a low-teens share of the market, Zeiss is the second-largest player in the space. MCS is composed of implants, surgical instruments, and visualization devices used during neurosurgery, spine surgery, and otolaryngology surgery. With over 60% market share, Zeiss is the clear leader in the microsurgery space.
70GF Score

Get the complete analysis for XSWX:AFX

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

CHF27.56
Price
CHF66.33
GF Value