Aristocrat LeisureASX:ALL -1.16%91 Pretax Margin % is 36.97% as of Mar. 2026, which is 61% above its 10-year median of 22.99. GuruFocus rates ASX:ALL with a GF Score™ of 91/100 and a GF Value™ of A$53.17 (Fairly Valued). The stock has 1 warning sign investors should review. Among 845 Travel & Leisure companies, Aristocrat Leisure ranks better than 92.78% on this metric.
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.
Aristocrat Leisure Pretax Margin % Related Terms
Aristocrat Leisure Pretax Margin % Historical Data
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The historical data trend for Aristocrat Leisure'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.
ASX:ALL vs FLUT, DKNG, LNWO: Pretax Margin % Comparison
For the Gambling subindustry, Aristocrat Leisure'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.
Aristocrat Leisure Pretax Margin % vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Aristocrat Leisure's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Aristocrat Leisure'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.
Aristocrat Leisure (ASX:ALL) has a Pretax Margin % of 36.97% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Aristocrat Leisure and its competitors. This is 61% above median its historical median of 22.99. Over the past decade, Aristocrat Leisure's Pretax Margin % has ranged from 8.69 to 34.39. According to the industry distribution chart, Aristocrat Leisure ranks #61 out of 845 companies in the Travel & Leisure industry, placing it in the top 7.2%.
Is Aristocrat Leisure's Pretax Margin % too high?
Aristocrat Leisure's current Pretax Margin % of 36.97% is 61% above median its 10-year median of 22.99. Over the past 10 years, this metric has ranged from a low of 8.69 to a high of 34.39. The Travel & Leisure industry median Pretax Margin % is 6.11. Aristocrat Leisure's value of 36.97% is 505.1% above this industry median. Based on the distribution chart, Aristocrat Leisure ranks #61 out of 845 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, Aristocrat Leisure has a GF Score™ of 91/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Aristocrat Leisure's Pretax Margin % compare to FLUT and DKNG?
According to the Travel & Leisure industry distribution chart, Aristocrat Leisure ranks #61 out of 845 companies for Pretax Margin %. This places Aristocrat Leisure in the top 7% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 6.11. Aristocrat Leisure's value of 36.97% is 505.1% above this benchmark. Historically, Aristocrat Leisure's own Pretax Margin % has ranged from 8.69 to 34.39 over the past decade. While the company's 10-year median is 22.99 vs. the industry median of 6.11, Aristocrat Leisure 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 Travel & Leisure company?
The median Pretax Margin % among Travel & Leisure companies is 6.11, based on 845 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. Aristocrat Leisure's current Pretax Margin % of 36.97% is 505.1% 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 Aristocrat Leisure and its competitors. For the Travel & Leisure industry, the median Pretax Margin % is 6.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aristocrat Leisure's current Pretax Margin % is 36.97%, which is 61% above median its own 10-year median of 22.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aristocrat Leisure stock overvalued right now?
Based on GuruFocus' analysis, Aristocrat Leisure (ASX:ALL) is currently considered Fairly Valued. The stock's GF Value™ is A$53.17, compared to a current price of A$58.69 — trading 10.4% above its estimated fair value. The current Pretax Margin % is 36.97%, which is 61% above median its 10-year median of 22.99 and 505.1% above the Travel & Leisure industry median of 6.11. Aristocrat Leisure's overall GF Score™ is 91/100 with 1 warning sign 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 Aristocrat Leisure (ASX:ALL), the current Pretax Margin % is 36.97% 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 Aristocrat Leisure (ASX:ALL) Overvalued in 2026?
Based on GuruFocus' analysis, Aristocrat Leisure stock appears to be overvalued.
The current stock price of A$58.69 is trading 10.4% above its estimated GF Value™ of A$53.17.
GuruFocus considers Aristocrat Leisure to be Fairly Valued.
Key valuation signals for ASX:ALL:
Pretax Margin %: 36.97% (61% above median its 10-year median of 22.99)
GF Value™: A$53.17 vs. price of A$58.69 (10.4% above fair value)
Industry Position: 505.1% above the Travel & Leisure median (#61 of 845)
No single metric tells the full story. See the ASX:ALL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Aristocrat Leisure is an electronic gaming machine manufacturer that sells machines to pubs, clubs, and casinos. The firm is licensed in all Australian states and territories, North American jurisdictions, and essentially every major country. Aristocrat is one of the top three largest players in the space along with International Game Technology and Light & Wonder. The company also develops and distributes mobile games, principally in the social casino niche. The more nascent iGaming business sits between these two businesses, providing digital content and capabilities to real-money gaming providers.
91GF Score
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