Argo InvestmentsASX:ARG +1.11%68 Pretax Margin % is 98.31% as of Dec. 2025, which is 0% above its 10-year median of 97.86. GuruFocus rates ASX:ARG with a GF Score™ of 68/100 and a GF Value™ of A$9.13 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,572 Asset Management companies, Argo Investments ranks better than 69.27% 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.
Argo Investments Pretax Margin % Related Terms
Argo Investments Pretax Margin % Historical Data
* Premium members only.
The historical data trend for Argo Investments'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:ARG vs BLK, BX, KKR: Pretax Margin % Comparison
For the Asset Management subindustry, Argo Investments'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.
Argo Investments Pretax Margin % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Argo Investments's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Argo Investments'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.
Argo Investments (ASX:ARG) has a Pretax Margin % of 98.31% as of Dec. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Argo Investments and its competitors. This is near median its historical median of 97.86. Over the past decade, Argo Investments' Pretax Margin % has ranged from 96.65 to 99.95. According to the industry distribution chart, Argo Investments ranks #483 out of 1572 companies in the Asset Management industry, placing it in the top 30.7%.
Is Argo Investments' Pretax Margin % too high?
Argo Investments' current Pretax Margin % of 98.31% is near median its 10-year median of 97.86. Over the past 10 years, this metric has ranged from a low of 96.65 to a high of 99.95. The Asset Management industry median Pretax Margin % is 89.62. Argo Investments' value of 98.31% is 9.7% above this industry median. Based on the distribution chart, Argo Investments ranks #483 out of 1572 companies in the Asset Management industry, which is above the industry midpoint. Overall, Argo Investments has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Argo Investments' Pretax Margin % compare to BLK and BX?
According to the Asset Management industry distribution chart, Argo Investments ranks #483 out of 1572 companies for Pretax Margin %. This puts Argo Investments in the upper half of its industry. The industry median Pretax Margin % is 89.62. Argo Investments' value of 98.31% is 9.7% above this benchmark. Historically, Argo Investments' own Pretax Margin % has ranged from 96.65 to 99.95 over the past decade. While the company's 10-year median is 97.86 vs. the industry median of 89.62, Argo Investments 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 an Asset Management company?
The median Pretax Margin % among Asset Management companies is 89.62, based on 1,572 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. Argo Investments's current Pretax Margin % of 98.31% is 9.7% 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 Argo Investments and its competitors. For the Asset Management industry, the median Pretax Margin % is 89.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Argo Investments's current Pretax Margin % is 98.31%, which is near median its own 10-year median of 97.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Argo Investments stock overvalued right now?
Based on GuruFocus' analysis, Argo Investments (ASX:ARG) is currently considered Fairly Valued. The stock's GF Value™ is A$9.13, compared to a current price of A$9.08 — trading 0.5% below its estimated fair value. The current Pretax Margin % is 98.31%, which is near median its 10-year median of 97.86 and 9.7% above the Asset Management industry median of 89.62. Argo Investments' overall GF Score™ is 68/100 with 4 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 Argo Investments (ASX:ARG), the current Pretax Margin % is 98.31% 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 Argo Investments (ASX:ARG) Overvalued in 2026?
Based on GuruFocus' analysis, Argo Investments stock appears to be undervalued.
The current stock price of A$9.08 is trading 0.5% below its estimated GF Value™ of A$9.13.
GuruFocus considers Argo Investments to be Fairly Valued.
Key valuation signals for ASX:ARG:
Pretax Margin %: 98.31% (near median its 10-year median of 97.86)
GF Value™: A$9.13 vs. price of A$9.08 (0.5% below fair value)
Industry Position: 9.7% above the Asset Management median (#483 of 1572)
No single metric tells the full story. See the ASX:ARG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Argo Investments Ltd is an Australian investment company that offers investors low-cost, conservative, and diverse exposure to Australian companies. It generates revenue from dividends and distributions received from the companies in its investment portfolio.
68GF Score
Get the complete analysis for ASX:ARG
Pretax Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ASX:ARG has been successfully added to your 
