AXAAXAHF -1.58%66 Pretax Margin % is 8.62% as of Dec. 2025, which is 11% above its 10-year median of 7.77. GuruFocus rates AXAHF with a GF Score™ of 66/100 and a GF Value™ of $43.65 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 503 Insurance companies, AXA ranks worse than 60.44% on this metric.
Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. AXA's Pre-Tax Income for the
six
months ended in Dec. 2025 was $5,609 Mil. AXA's Revenue for the
six
months ended in Dec. 2025 was $65,070 Mil. Therefore, AXA's pretax margin for the quarter that ended in Dec. 2025 was 8.62%.
The historical rank and industry rank for AXA's Pretax Margin % or its related term are showing as below:
AXAHF'
s Pretax Margin % Range Over the Past 10 Years
Min: 1.52 Med: 7.77 Max: 9.66
Current: 9.44
AXAHF's Pretax Margin % is ranked worse than 60.44% of 503
companies
in the Insurance industry
Industry Median: 12.04
vs AXAHF: 9.44
AXA (OTCPK:AXAHF) 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.
AXA Pretax Margin % Related Terms
AXA Pretax Margin % Historical Data
* Premium members only.
The historical data trend for AXA'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.
AXAHF vs BRK.A, AIG, HIG: Pretax Margin % Comparison
For the Insurance - Diversified subindustry, AXA'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.
AXA Pretax Margin % vs Insurance Industry
For the Insurance industry and Financial Services sector, AXA's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where AXA'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.
AXA (AXAHF) has a Pretax Margin % of 8.62% as of Dec. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on AXA and its competitors. This is 11% above median its historical median of 7.77. Over the past decade, AXA's Pretax Margin % has ranged from 1.52 to 9.66. According to the industry distribution chart, AXA ranks #304 out of 503 companies in the Insurance industry, placing it in the top 60.4%.
Is AXA's Pretax Margin % too high?
AXA's current Pretax Margin % of 8.62% is 11% above median its 10-year median of 7.77. Over the past 10 years, this metric has ranged from a low of 1.52 to a high of 9.66. The Insurance industry median Pretax Margin % is 12.04. AXA's value of 8.62% is 28.4% below this industry median. Based on the distribution chart, AXA ranks #304 out of 503 companies in the Insurance industry, which is below the industry midpoint. Overall, AXA has a GF Score™ of 66/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does AXA's Pretax Margin % compare to BRK.A and AIG?
According to the Insurance industry distribution chart, AXA ranks #304 out of 503 companies for Pretax Margin %. This places AXA in the lower half of its industry. The industry median Pretax Margin % is 12.04. AXA's value of 8.62% is 28.4% below this benchmark. Historically, AXA's own Pretax Margin % has ranged from 1.52 to 9.66 over the past decade. While the company's 10-year median is 7.77 vs. the industry median of 12.04, AXA 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 Insurance company?
The median Pretax Margin % among Insurance companies is 12.04, based on 503 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. AXA's current Pretax Margin % of 8.62% is 28.4% 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 AXA and its competitors. For the Insurance industry, the median Pretax Margin % is 12.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AXA's current Pretax Margin % is 8.62%, which is 11% above median its own 10-year median of 7.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AXA stock overvalued right now?
Based on GuruFocus' analysis, AXA (AXAHF) is currently considered Modestly Overvalued. The stock's GF Value™ is $43.65, compared to a current price of $48.62 — trading 11.4% above its estimated fair value. The current Pretax Margin % is 8.62%, which is 11% above median its 10-year median of 7.77 and 28.4% below the Insurance industry median of 12.04. AXA's overall GF Score™ is 66/100 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 AXA (AXAHF), the current Pretax Margin % is 8.62% 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 AXA (AXAHF) Overvalued in 2026?
Based on GuruFocus' analysis, AXA stock appears to be overvalued.
The current stock price of $48.62 is trading 11.4% above its estimated GF Value™ of $43.65.
GuruFocus considers AXA to be Modestly Overvalued.
Key valuation signals for AXAHF:
Pretax Margin %: 8.62% (11% above median its 10-year median of 7.77)
GF Value™: $43.65 vs. price of $48.62 (11.4% above fair value)
Industry Position: 28.4% below the Insurance median (#304 of 503)
No single metric tells the full story. See the AXAHF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
AXA's origins date back to Ancienne Mutuelle, one of the few insurers that remained after the creation of the French social security system. With the threat of nationalization, a merger took place between Drouot and AXA, which was then still known as Mutuelles Unies in 1982, and later Présence. Ten years later, AXA acquired North American life insurer Equitable Holdings. This was a time of expansion as AXA also bought the French insurer UAP. As markets crashed at the turn of the millennium, AXA decided to refocus its business and exited its stake in US investment bank Donaldson, Lufkin & Jenrette. A few years later, the business expanded again with the acquisition of Swiss insurer Winterthur. AXA has reshaped its portfolio to technical risks.
66GF Score
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