Barrick MiningB +2.21%89 Pretax Margin % is 61.86% as of Mar. 2026, which is 81% above its 10-year median of 34.23. GuruFocus rates B with a GF Score™ of 89/100 and a GF Value™ of $32.20 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 843 Metals & Mining companies, Barrick Mining ranks better than 92.29% 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.
Barrick Mining Pretax Margin % Related Terms
Barrick Mining Pretax Margin % Historical Data
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The historical data trend for Barrick Mining'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.
For the Gold subindustry, Barrick Mining'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.
Barrick Mining Pretax Margin % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Barrick Mining's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Barrick Mining'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.
Barrick Mining (B) has a Pretax Margin % of 61.86% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Barrick Mining and its competitors. This is 81% above median its historical median of 34.23. According to the industry distribution chart, Barrick Mining ranks #65 out of 843 companies in the Metals & Mining industry, placing it in the top 7.7%.
Is Barrick Mining's Pretax Margin % too high?
Barrick Mining's current Pretax Margin % of 61.86% is 81% above median its 10-year median of 34.23. The Metals & Mining industry median Pretax Margin % is 4.83. Barrick Mining's value of 61.86% is 1180.7% above this industry median. Based on the distribution chart, Barrick Mining ranks #65 out of 843 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Barrick Mining has a GF Score™ of 89/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Barrick Mining's Pretax Margin % compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Barrick Mining ranks #65 out of 843 companies for Pretax Margin %. This places Barrick Mining in the top 8% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 4.83. Barrick Mining's value of 61.86% is 1180.7% above this benchmark. While the company's 10-year median is 34.23 vs. the industry median of 4.83, Barrick Mining 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 a Metals & Mining company?
The median Pretax Margin % among Metals & Mining companies is 4.83, based on 843 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. Barrick Mining's current Pretax Margin % of 61.86% is 1180.7% 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 Barrick Mining and its competitors. For the Metals & Mining industry, the median Pretax Margin % is 4.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Barrick Mining's current Pretax Margin % is 61.86%, which is 81% above median its own 10-year median of 34.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Barrick Mining stock overvalued right now?
Based on GuruFocus' analysis, Barrick Mining (B) is currently considered Modestly Overvalued. The stock's GF Value™ is $32.20, compared to a current price of $37.27 — trading 15.7% above its estimated fair value. The current Pretax Margin % is 61.86%, which is 81% above median its 10-year median of 34.23 and 1180.7% above the Metals & Mining industry median of 4.83. Barrick Mining's overall GF Score™ is 89/100 with 1 warning sign 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 Barrick Mining (B), the current Pretax Margin % is 61.86% as of Mar. 2026. 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 Barrick Mining (B) Overvalued in 2026?
Based on GuruFocus' analysis, Barrick Mining stock appears to be overvalued.
The current stock price of $37.27 is trading 15.7% above its estimated GF Value™ of $32.20.
GuruFocus considers Barrick Mining to be Modestly Overvalued.
Key valuation signals for B:
Pretax Margin %: 61.86% (81% above median its 10-year median of 34.23)
GF Value™: $32.20 vs. price of $37.27 (15.7% above fair value)
Industry Position: 1180.7% above the Metals & Mining median (#65 of 843)
No single metric tells the full story. See the B stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Based in Toronto, Barrick is one of the world's largest gold miners. In 2025, the firm sold about 3.3 million attributable ounces of gold and about 220,000 metric tons of copper. At end-2025, Barrick had about two decades of gold reserves along with significant copper reserves. After buying Randgold in 2019 and combining its Nevada mines in a joint venture with competitor Newmont later that year, it operates mines in the Americas, Africa, the Middle East, and Asia. The company also has growing copper exposure, driven by the expansion of its Lumwana mine in Zambia and the development of its Reko Diq copper and gold project in Pakistan. It intends to undertake an IPO of its joint venture stakes in Nevada Gold Mines and Pueblo Viejo along with its Fourmile deposit later in 2026.
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