ANA HoldingsALNPY +5.42%80 Pretax Margin % is 4.53% as of Mar. 2026, which is 41% below its 10-year median of 7.69. GuruFocus rates ALNPY with a GF Score™ of 80/100 and a GF Value™ of $4.05 (Fairly Valued). The stock has 2 warning signs investors should review. Among 997 Transportation companies, ANA Holdings ranks better than 56.77% on this metric.
Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. ANA Holdings's Pre-Tax Income for the
three
months ended in Mar. 2026 was $189 Mil. ANA Holdings's Revenue for the
three
months ended in Mar. 2026 was $4,171 Mil. Therefore, ANA Holdings's pretax margin for the quarter that ended in Mar. 2026 was 4.53%.
The historical rank and industry rank for ANA Holdings's Pretax Margin % or its related term are showing as below:
ALNPY'
s Pretax Margin % Range Over the Past 10 Years
Min: -74.84 Med: 7.69 Max: 9.97
Current: 8.8
ALNPY's Pretax Margin % is ranked better than 56.77% of 997
companies
in the Transportation industry
Industry Median: 6.77
vs ALNPY: 8.80
ANA Holdings (OTCPK:ALNPY) Pretax Margin % Explanation
The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.
The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.
It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.
The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.
ANA Holdings Pretax Margin % Related Terms
ANA Holdings Pretax Margin % Historical Data
* Premium members only.
The historical data trend for ANA Holdings's Pretax Margin % 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.
ALNPY vs DAL, UAL, LUV: Pretax Margin % Comparison
For the Airlines subindustry, ANA Holdings's Pretax Margin %, along with its competitors' market caps and Pretax Margin % 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.
ANA Holdings Pretax Margin % vs Transportation Industry
For the Transportation industry and Industrials sector, ANA Holdings's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where ANA Holdings's Pretax Margin % falls into.
* 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.
ANA Holdings (ALNPY) has a Pretax Margin % of 4.53% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on ANA Holdings and its competitors. This is 41% below median its historical median of 7.69. According to the industry distribution chart, ANA Holdings ranks #431 out of 997 companies in the Transportation industry, placing it in the top 43.2%.
Is ANA Holdings' Pretax Margin % too high?
ANA Holdings' current Pretax Margin % of 4.53% is 41% below median its 10-year median of 7.69. The Transportation industry median Pretax Margin % is 6.77. ANA Holdings' value of 4.53% is 33.1% below this industry median. Based on the distribution chart, ANA Holdings ranks #431 out of 997 companies in the Transportation industry, which is above the industry midpoint. Overall, ANA Holdings has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does ANA Holdings' Pretax Margin % compare to DAL and UAL?
According to the Transportation industry distribution chart, ANA Holdings ranks #431 out of 997 companies for Pretax Margin %. This puts ANA Holdings in the upper half of its industry. The industry median Pretax Margin % is 6.77. ANA Holdings' value of 4.53% is 33.1% below this benchmark. While the company's 10-year median is 7.69 vs. the industry median of 6.77, ANA Holdings has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Pretax Margin % for a Transportation company?
The median Pretax Margin % among Transportation companies is 6.77, based on 997 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. ANA Holdings's current Pretax Margin % of 4.53% is 33.1% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on ANA Holdings and its competitors. For the Transportation industry, the median Pretax Margin % is 6.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ANA Holdings's current Pretax Margin % is 4.53%, which is 41% below median its own 10-year median of 7.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ANA Holdings stock overvalued right now?
Based on GuruFocus' analysis, ANA Holdings (ALNPY) is currently considered Fairly Valued. The stock's GF Value™ is $4.05, compared to a current price of $3.79 — trading 6.4% below its estimated fair value. The current Pretax Margin % is 4.53%, which is 41% below median its 10-year median of 7.69 and 33.1% below the Transportation industry median of 6.77. ANA Holdings' overall GF Score™ is 80/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For ANA Holdings (ALNPY), the current Pretax Margin % is 4.53% 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 ANA Holdings (ALNPY) Overvalued in 2026?
Based on GuruFocus' analysis, ANA Holdings stock appears to be undervalued.
The current stock price of $3.79 is trading 6.4% below its estimated GF Value™ of $4.05.
GuruFocus considers ANA Holdings to be Fairly Valued.
Key valuation signals for ALNPY:
Pretax Margin %: 4.53% (41% below median its 10-year median of 7.69)
GF Value™: $4.05 vs. price of $3.79 (6.4% below fair value)
Industry Position: 33.1% below the Transportation median (#431 of 997)
No single metric tells the full story. See the ALNPY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ANA Holdings is the holding firm of Japan's largest airline, All Nippon Airways. Besides the flagship carrier, ANA also owns discount airline Peach Aviation, Hokkaido-based Air Do, and airfreight carrier Nippon Cargo Airlines. Air Japan, which was launched to provide discount flights to Southeast Asia, will cease in 2026. Prior to covid-19, passenger transport made up over 50% of group revenue, split almost equally between domestic and international passenger routes while cargo revenue made up 4%-5%. Its primary hub is Tokyo's Narita International Airport, but it is also expanding routes from Haneda Airport. ANA has minor stakes in Philippine Airlines, Vietnam Airlines, and IHG ANA Hotels Group Japan. The latter is a hotel chain in Japan owned and operated by InterContinental Hotels Group.
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