ALSASX:ALQ +0.85%88 Pretax Margin % is 14.98% as of Mar. 2026, which is 18% above its 10-year median of 12.74. GuruFocus rates ASX:ALQ with a GF Score™ of 88/100 and a GF Value™ of A$18.96 (Modestly Overvalued). Among 1,074 Business Services companies, ALS ranks better than 76.82% on this metric.
Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. ALS's Pre-Tax Income for the
six
months ended in Mar. 2026 was A$249 Mil. ALS's Revenue for the
six
months ended in Mar. 2026 was A$1,661 Mil. Therefore, ALS's pretax margin for the quarter that ended in Mar. 2026 was 14.98%.
The historical rank and industry rank for ALS's Pretax Margin % or its related term are showing as below:
ASX:ALQ'
s Pretax Margin % Range Over the Past 10 Years
Min: 4.93 Med: 12.74 Max: 17.14
Current: 13.7
ASX:ALQ's Pretax Margin % is ranked better than 76.82% of 1074
companies
in the Business Services industry
Industry Median: 5.35
vs ASX:ALQ: 13.70
ALS (ASX:ALQ) 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.
ALS Pretax Margin % Related Terms
ALS Pretax Margin % Historical Data
* Premium members only.
The historical data trend for ALS'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:ALQ vs VRSK, EFX, BAH: Pretax Margin % Comparison
For the Consulting Services subindustry, ALS'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.
ALS Pretax Margin % vs Business Services Industry
For the Business Services industry and Industrials sector, ALS's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where ALS'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.
ALS (ASX:ALQ) has a Pretax Margin % of 14.98% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on ALS and its competitors. This is 18% above median its historical median of 12.74. Over the past decade, ALS's Pretax Margin % has ranged from 4.93 to 17.14. According to the industry distribution chart, ALS ranks #249 out of 1074 companies in the Business Services industry, placing it in the top 23.2%.
Is ALS's Pretax Margin % too high?
ALS's current Pretax Margin % of 14.98% is 18% above median its 10-year median of 12.74. Over the past 10 years, this metric has ranged from a low of 4.93 to a high of 17.14. The Business Services industry median Pretax Margin % is 5.35. ALS's value of 14.98% is 180% above this industry median. Based on the distribution chart, ALS ranks #249 out of 1074 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, ALS has a GF Score™ of 88/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does ALS's Pretax Margin % compare to VRSK and EFX?
According to the Business Services industry distribution chart, ALS ranks #249 out of 1074 companies for Pretax Margin %. This places ALS in the top 23% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 5.35. ALS's value of 14.98% is 180% above this benchmark. Historically, ALS's own Pretax Margin % has ranged from 4.93 to 17.14 over the past decade. While the company's 10-year median is 12.74 vs. the industry median of 5.35, ALS 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 Business Services company?
The median Pretax Margin % among Business Services companies is 5.35, based on 1,074 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. ALS's current Pretax Margin % of 14.98% is 180% 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 ALS and its competitors. For the Business Services industry, the median Pretax Margin % is 5.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ALS's current Pretax Margin % is 14.98%, which is 18% above median its own 10-year median of 12.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ALS stock overvalued right now?
Based on GuruFocus' analysis, ALS (ASX:ALQ) is currently considered Modestly Overvalued. The stock's GF Value™ is A$18.96, compared to a current price of A$22.67 — trading 19.6% above its estimated fair value. The current Pretax Margin % is 14.98%, which is 18% above median its 10-year median of 12.74 and 180% above the Business Services industry median of 5.35. ALS's overall GF Score™ is 88/100. 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 ALS (ASX:ALQ), the current Pretax Margin % is 14.98% 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 ALS (ASX:ALQ) Overvalued in 2026?
Based on GuruFocus' analysis, ALS stock appears to be overvalued.
The current stock price of A$22.67 is trading 19.6% above its estimated GF Value™ of A$18.96.
GuruFocus considers ALS to be Modestly Overvalued.
Key valuation signals for ASX:ALQ:
Pretax Margin %: 14.98% (18% above median its 10-year median of 12.74)
GF Value™: A$18.96 vs. price of A$22.67 (19.6% above fair value)
Industry Position: 180% above the Business Services median (#249 of 1074)
No single metric tells the full story. See the ASX:ALQ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Founded in the 1880s and listed on the ASX in 1952, ALS operates two divisions: commodities and life sciences. ALS commodities traditionally generated the majority of underlying earnings, providing geochemistry, metallurgy, inspection, and mine site services for the global mining industry. Expansion into environmental, pharmaceutical, and food testing areas has lessened earnings exposure to commodities.
88GF Score
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