Flagship InvestmentsASX:FSI -3.28%33 Pretax Margin % is 177.01% as of Dec. 2025, which is 107% above its 10-year median of 85.42. GuruFocus rates ASX:FSI with a GF Score™ of 33/100. Among 1,576 Asset Management companies, Flagship Investments ranks better than 95.11% 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.
Flagship Investments Pretax Margin % Related Terms
Flagship Investments Pretax Margin % Historical Data
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The historical data trend for Flagship 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:FSI vs BLK, BX, KKR: Pretax Margin % Comparison
For the Asset Management subindustry, Flagship 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.
Flagship Investments Pretax Margin % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Flagship Investments's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Flagship 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.
Flagship Investments (ASX:FSI) has a Pretax Margin % of 177.01% as of Dec. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Flagship Investments and its competitors. This is 107% above median its historical median of 85.42. Over the past decade, Flagship Investments' Pretax Margin % has ranged from 48.98 to 7,400.00. According to the industry distribution chart, Flagship Investments ranks #77 out of 1576 companies in the Asset Management industry, placing it in the top 4.9%.
Is Flagship Investments' Pretax Margin % too high?
Flagship Investments' current Pretax Margin % of 177.01% is 107% above median its 10-year median of 85.42. Over the past 10 years, this metric has ranged from a low of 48.98 to a high of 7,400.00. The Asset Management industry median Pretax Margin % is 89.48. Flagship Investments' value of 177.01% is 97.8% above this industry median. Based on the distribution chart, Flagship Investments ranks #77 out of 1576 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Flagship Investments has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does Flagship Investments' Pretax Margin % compare to BLK and BX?
According to the Asset Management industry distribution chart, Flagship Investments ranks #77 out of 1576 companies for Pretax Margin %. This places Flagship Investments in the top 5% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 89.48. Flagship Investments' value of 177.01% is 97.8% above this benchmark. Historically, Flagship Investments' own Pretax Margin % has ranged from 48.98 to 7,400.00 over the past decade. While the company's 10-year median is 85.42 vs. the industry median of 89.48, Flagship 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 89.48, based on 1,576 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. Flagship Investments's current Pretax Margin % of 177.01% is 97.8% 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 Flagship Investments and its competitors. For the Asset Management industry, the median Pretax Margin % is 89.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Flagship Investments's current Pretax Margin % is 177.01%, which is 107% above median its own 10-year median of 85.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Flagship Investments stock overvalued right now?
Flagship Investments (ASX:FSI) has a current Pretax Margin % of 177.01%. The current Pretax Margin % is 177.01%, which is 107% above median its 10-year median of 85.42 and 97.8% above the Asset Management industry median of 89.48. Flagship Investments' overall GF Score™ is 33/100. 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 Flagship Investments (ASX:FSI), the current Pretax Margin % is 177.01% 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.
Flagship Investments Ltd is an investment company that provides its investors access to the portfolio of Australian growth companies. The company's investment objective is to achieve medium to long-term capital growth and income by investing in a diversified portfolio of Australian companies; to preserve and enhance the NTA backing per share after allowing for inflation; and to provide shareholders with a fully franked dividend, which will grow at a rate over the rate of inflation.
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