WAM ActiveASX:WAAOA 59 Pretax Margin % is 76.73% as of Dec. 2025, which is 5% below its 10-year median of 81.09. GuruFocus rates ASX:WAAOA with a GF Score™ of 59/100. The stock has 5 warning signs investors should review. Among 1,569 Asset Management companies, WAM Active ranks worse than 58% on this metric.
Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. WAM Active's Pre-Tax Income for the
six
months ended in Dec. 2025 was A$15.70 Mil. WAM Active's Revenue for the
six
months ended in Dec. 2025 was A$20.46 Mil. Therefore, WAM Active's pretax margin for the quarter that ended in Dec. 2025 was 76.73%.
The historical rank and industry rank for WAM Active's Pretax Margin % or its related term are showing as below:
ASX:WAAOA'
s Pretax Margin % Range Over the Past 10 Years
Min: -46633.33 Med: 81.09 Max: 109.93
Current: 76.59
ASX:WAAOA's Pretax Margin % is ranked worse than 58% of 1569
companies
in the Asset Management industry
Industry Median: 89.52
vs ASX:WAAOA: 76.59
WAM Active (ASX:WAAOA) 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.
WAM Active Pretax Margin % Related Terms
WAM Active Pretax Margin % Historical Data
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The historical data trend for WAM Active'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:WAAOA vs BLK, BX, KKR: Pretax Margin % Comparison
For the Asset Management subindustry, WAM Active'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.
WAM Active Pretax Margin % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, WAM Active's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where WAM Active'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.
WAM Active (ASX:WAAOA) has a Pretax Margin % of 76.73% as of Dec. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on WAM Active and its competitors. This is near median its historical median of 81.09. According to the industry distribution chart, WAM Active ranks #910 out of 1569 companies in the Asset Management industry, placing it in the top 58%.
Is WAM Active's Pretax Margin % too high?
WAM Active's current Pretax Margin % of 76.73% is near median its 10-year median of 81.09. The Asset Management industry median Pretax Margin % is 89.52. WAM Active's value of 76.73% is 14.3% below this industry median. Based on the distribution chart, WAM Active ranks #910 out of 1569 companies in the Asset Management industry, which is below the industry midpoint. Overall, WAM Active has a GF Score™ of 59/100, reflecting its overall financial health beyond just this single metric.
How does WAM Active's Pretax Margin % compare to BLK and BX?
According to the Asset Management industry distribution chart, WAM Active ranks #910 out of 1569 companies for Pretax Margin %. This places WAM Active in the lower half of its industry. The industry median Pretax Margin % is 89.52. WAM Active's value of 76.73% is 14.3% below this benchmark. While the company's 10-year median is 81.09 vs. the industry median of 89.52, WAM Active has consistently been below 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 89.52, based on 1,569 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. WAM Active's current Pretax Margin % of 76.73% is 14.3% below 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 WAM Active and its competitors. For the Asset Management industry, the median Pretax Margin % is 89.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. WAM Active's current Pretax Margin % is 76.73%, which is near median its own 10-year median of 81.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is WAM Active stock overvalued right now?
WAM Active (ASX:WAAOA) has a current Pretax Margin % of 76.73%. The current Pretax Margin % is 76.73%, which is near median its 10-year median of 81.09 and 14.3% below the Asset Management industry median of 89.52. WAM Active's overall GF Score™ is 59/100 with 5 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 WAM Active (ASX:WAAOA), the current Pretax Margin % is 76.73% 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.
WAM Active Ltd is an asset management company. Its principal activity is making investments in listed companies. Its investment objectives are to deliver investors a regular income stream in the form of fully franked dividends; provide investors with a positive return, after fees, along with low volatility over the majority of periods; and preserve capital in both the short term and long term.
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