Roche Holding AG (XSWX:RO) Pre-Tax Income: CHF16,973 Mil (TTM As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

XSWX:RO Roche Holding AG XSWX:RO
78 GF Score
Price CHF339.60
GF Value CHF268.92
Valuation Modestly Overvalued
! 7 Warning Signs
View Full Analysis

What is Roche Holding AG Pre-Tax Income?

Roche Holding AG XSWX:RO +0.83% 78 Pre-Tax Income is CHF16,973 Mil as of Dec. 2025. GuruFocus rates XSWX:RO with a GF Score™ of 78/100 and a GF Value™ of CHF268.92 (Modestly Overvalued). The stock has 7 warning signs investors should review.

Pretax income is the income that a company earns before paying income taxes. Roche Holding AG's pretax income for the six months ended in Dec. 2025 was CHF7,385 Mil. Its pretax income for the trailing twelve months (TTM) ended in Dec. 2025 was CHF16,973 Mil. Roche Holding AG's pretax margin was 23.44%.

During the past 13 years, Roche Holding AG's highest Pretax Margin was 30.80%. The lowest was 18.90%. And the median was 25.31%.


Roche Holding AG  (XSWX:RO) Pre-Tax Income Explanation

Roche Holding AG's Pretax Margin for the quarter that ended in Dec. 2025 is calculated as

Pretax Margin=Pretax Income/Revenue
=7385/31507
=23.44%

During the past 13 years, Roche Holding AG's highest Pretax Margin was 30.80%. The lowest was 18.90%. And the median was 25.31%.

* 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.


Roche Holding AG Pre-Tax Income Related Terms


Roche Holding AG Pre-Tax Income Historical Data

* Premium members only.

The historical data trend for Roche Holding 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.

Roche Holding AG Pre-Tax Income Chart

Roche Holding 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 17,398.00 16,327.00 14,079.00 11,793.00 16,973.00

Roche Holding 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 4,905.00 8,223.00 3,570.00 9,588.00 7,385.00

XSWX:RO vs LLY, JNJ, ABBV: Pre-Tax Income Comparison

For the Drug Manufacturers - General subindustry, Roche Holding 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.


Roche Holding AG Pre-Tax Income vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Roche Holding AG's Pre-Tax Income distribution charts can be found below:

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


XSWX:RO
78GF Score
Roche Holding AG XSWX:RO
Pre-Tax Income is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Roche Holding AG Pre-Tax Income Calculation

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

Roche Holding 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
=18476+0+-1346+203+-360
=16,973

Roche Holding 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
=8146+0+-654+90+-197
=7,385

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 CHF16,973 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 CHF16,973 Mil mean?
Roche Holding AG (XSWX:RO) has a Pre-Tax Income of CHF16,973 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 Roche Holding AG and its competitors.
Is Roche Holding AG's Pre-Tax Income too high?
Roche Holding AG's current Pre-Tax Income is CHF16,973 Mil. Overall, Roche Holding AG has a GF Score™ of 78/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Roche Holding AG's Pre-Tax Income compare to LLY and JNJ?
Roche Holding AG's Pre-Tax Income of CHF16,973 Mil can be compared against companies in the Drug Manufacturers 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 Drug Manufacturers company?
A good Pre-Tax Income depends on the Drug Manufacturers 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 Roche Holding AG and its competitors. Roche Holding AG's current Pre-Tax Income is CHF16,973 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Roche Holding AG stock overvalued right now?
Based on GuruFocus' analysis, Roche Holding AG (XSWX:RO) is currently considered Modestly Overvalued. The stock's GF Value™ is CHF268.92, compared to a current price of CHF339.60 — trading 26.3% above its estimated fair value. The current Pre-Tax Income is CHF16,973 Mil. Roche Holding AG's overall GF Score™ is 78/100 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 Roche Holding AG (XSWX:RO), the current Pre-Tax Income is CHF16,973 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 Roche Holding AG (XSWX:RO) Overvalued in 2026?

Based on GuruFocus' analysis, Roche Holding AG stock appears to be overvalued. The current stock price of CHF339.60 is trading 26.3% above its estimated GF Value™ of CHF268.92. GuruFocus considers Roche Holding AG to be Modestly Overvalued.

Key valuation signals for XSWX:RO:

  • Pre-Tax Income: CHF16,973 Mil
  • GF Value™: CHF268.92 vs. price of CHF339.60 (26.3% above fair value)
  • GF Score™: 78/100 with 7 warning signs

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


Roche Holding AG Business Description

Address Grenzacherstrasse 124, Basel, CHE, 4070
Roche is a Swiss biopharmaceutical and diagnostic company. The firm's bestselling pharmaceutical products include a variety of oncology therapies from acquired partner Genentech, and its diagnostics group was bolstered by the acquisition of Ventana in 2008. Oncology products account for 40% of pharmaceutical sales, and centralized and point-of-care diagnostics for two-thirds of diagnostic-related sales.
78GF Score

Get the complete analysis for XSWX:RO

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

CHF339.60
Price
CHF268.92
GF Value