ASICSASCCY +1.47%89 Pretax Margin % is 22.89% as of Mar. 2026, which is 315% above its 10-year median of 5.51. GuruFocus rates ASCCY with a GF Score™ of 89/100 and a GF Value™ of $25.66 (Fairly Valued). Among 1,043 Manufacturing - Apparel & Accessories companies, ASICS ranks better than 91.28% on this metric.
Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. ASICS's Pre-Tax Income for the
three
months ended in Mar. 2026 was $390 Mil. ASICS's Revenue for the
three
months ended in Mar. 2026 was $1,703 Mil. Therefore, ASICS's pretax margin for the quarter that ended in Mar. 2026 was 22.89%.
The historical rank and industry rank for ASICS's Pretax Margin % or its related term are showing as below:
ASCCY'
s Pretax Margin % Range Over the Past 10 Years
Min: -4.88 Med: 5.51 Max: 18.01
Current: 18.01
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.
ASICS Pretax Margin % Related Terms
ASICS Pretax Margin % Historical Data
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The historical data trend for ASICS'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.
ASCCY vs NKE, DECK, ONON: Pretax Margin % Comparison
For the Footwear & Accessories subindustry, ASICS'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.
ASICS Pretax Margin % vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, ASICS's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where ASICS'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.
ASICS (ASCCY) has a Pretax Margin % of 22.89% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on ASICS and its competitors. This is 315% above median its historical median of 5.51. According to the industry distribution chart, ASICS ranks #91 out of 1043 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 8.7%.
Is ASICS's Pretax Margin % too high?
ASICS's current Pretax Margin % of 22.89% is 315% above median its 10-year median of 5.51. The Manufacturing - Apparel & Accessories industry median Pretax Margin % is 3.52. ASICS's value of 22.89% is 550.3% above this industry median. Based on the distribution chart, ASICS ranks #91 out of 1043 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, ASICS has a GF Score™ of 89/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does ASICS's Pretax Margin % compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, ASICS ranks #91 out of 1043 companies for Pretax Margin %. This places ASICS in the top 9% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 3.52. ASICS's value of 22.89% is 550.3% above this benchmark. While the company's 10-year median is 5.51 vs. the industry median of 3.52, ASICS has consistently been above 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 Manufacturing - Apparel & Accessories company?
The median Pretax Margin % among Manufacturing - Apparel & Accessories companies is 3.52, based on 1,043 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. ASICS's current Pretax Margin % of 22.89% is 550.3% above 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 ASICS and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Pretax Margin % is 3.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ASICS's current Pretax Margin % is 22.89%, which is 315% above median its own 10-year median of 5.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ASICS stock overvalued right now?
Based on GuruFocus' analysis, ASICS (ASCCY) is currently considered Fairly Valued. The stock's GF Value™ is $25.66, compared to a current price of $26.15 — trading 1.9% above its estimated fair value. The current Pretax Margin % is 22.89%, which is 315% above median its 10-year median of 5.51 and 550.3% above the Manufacturing - Apparel & Accessories industry median of 3.52. ASICS's overall GF Score™ is 89/100. 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 ASICS (ASCCY), the current Pretax Margin % is 22.89% 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 ASICS (ASCCY) Overvalued in 2026?
Based on GuruFocus' analysis, ASICS stock appears to be overvalued.
The current stock price of $26.15 is trading 1.9% above its estimated GF Value™ of $25.66.
GuruFocus considers ASICS to be Fairly Valued.
Key valuation signals for ASCCY:
Pretax Margin %: 22.89% (315% above median its 10-year median of 5.51)
GF Value™: $25.66 vs. price of $26.15 (1.9% above fair value)
Industry Position: 550.3% above the Manufacturing - Apparel & Accessories median (#91 of 1043)
No single metric tells the full story. See the ASCCY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Founded in 1949 in Kobe, Japan, Asics is a leading sports footwear brand specializing in performance running shoes. Asics is well-known for its stability running shoe Gel-Kayano, which has been popular among runners for over 30 years thanks to its cushioning technology. It also owns Onitsuka Tiger, which is currently positioned as a premium sportswear lifestyle brand. In 2025, Asics had annual sales of over JPY 810 billion and command over 10% of the global performance running market share.
89GF Score
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