Macro MetalsASX:M4M Pretax Margin % is -935.98% as of Dec. 2025. The stock has 2 warning signs investors should review. Among 615 Steel companies, Macro Metals ranks worse than 99.51% on this metric.
Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Macro Metals's Pre-Tax Income for the
six
months ended in Dec. 2025 was A$-2.24 Mil. Macro Metals's Revenue for the
six
months ended in Dec. 2025 was A$0.24 Mil. Therefore, Macro Metals's pretax margin for the quarter that ended in Dec. 2025 was -935.98%.
The historical rank and industry rank for Macro Metals's Pretax Margin % or its related term are showing as below:
ASX:M4M'
s Pretax Margin % Range Over the Past 10 Years
Min: -49214.29 Med: -49214.29 Max: -1912.97
Current: -1912.97
ASX:M4M's Pretax Margin % is ranked worse than 99.51% of 615
companies
in the Steel industry
Industry Median: 2.56
vs ASX:M4M: -1912.97
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.
Macro Metals Pretax Margin % Related Terms
Macro Metals Pretax Margin % Historical Data
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The historical data trend for Macro Metals'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:M4M vs NUE, STLD, RS: Pretax Margin % Comparison
For the Steel subindustry, Macro Metals'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.
Macro Metals Pretax Margin % vs Steel Industry
For the Steel industry and Basic Materials sector, Macro Metals's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Macro Metals'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.
Macro Metals (ASX:M4M) has a Pretax Margin % of -935.98% as of Dec. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Macro Metals and its competitors. According to the industry distribution chart, Macro Metals ranks #612 out of 615 companies in the Steel industry, placing it in the top 99.5%.
Is Macro Metals' Pretax Margin % too high?
Macro Metals' current Pretax Margin % is -935.98%. Based on the distribution chart, Macro Metals ranks #612 out of 615 companies in the Steel industry, which is in the bottom quartile relative to peers.
How does Macro Metals' Pretax Margin % compare to NUE and STLD?
According to the Steel industry distribution chart, Macro Metals ranks #612 out of 615 companies for Pretax Margin %. This places Macro Metals in the lower half of its industry. The industry median Pretax Margin % is 2.56. 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 Steel company?
The median Pretax Margin % among Steel companies is 2.56, based on 615 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. 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 Macro Metals and its competitors. For the Steel industry, the median Pretax Margin % is 2.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Macro Metals's current Pretax Margin % is -935.98%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Macro Metals stock overvalued right now?
Macro Metals (ASX:M4M) has a current Pretax Margin % of -935.98%. The current Pretax Margin % is -935.98%. 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 Macro Metals (ASX:M4M), the current Pretax Margin % is -935.98% 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.
Macro Metals Ltd is a mineral exploration company. The principal activities of the company consist of exploration and evaluation of WA iron ore tenements, acquisition of additional prospective tenements in WA, proposed acquisition of Chilean lithium projects and continued evaluation of Agbaja Cast Steel Project. It operates in one industry segment, which is mineral exploration, evaluation, and development, and operates in two geographic segments: the Federal Republic of Nigeria and Australia.
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