Blackstone Strategic Credit FundBGB 45 Pretax Margin % is 84.42% as of Dec. 2025, which is 8% below its 10-year median of 92.24. GuruFocus rates BGB with a GF Score™ of 45/100 and a GF Value™ of $6.95 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,572 Asset Management companies, Blackstone Strategic Credit Fund ranks worse than 54.77% on this metric.
The historical rank and industry rank for Blackstone Strategic Credit Fund's Pretax Margin % or its related term are showing as below:
BGB'
s Pretax Margin % Range Over the Past 10 Years
Min: -395.6 Med: 92.24 Max: 106.17
Current: 83.91
BGB's Pretax Margin % is ranked worse than 54.77% of 1572
companies
in the Asset Management industry
Industry Median: 89.835
vs BGB: 83.91
Blackstone Strategic Credit Fund (NYSE:BGB) 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.
Blackstone Strategic Credit Fund Pretax Margin % Related Terms
Blackstone Strategic Credit Fund Pretax Margin % Historical Data
* 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.
Blackstone Strategic Credit Fund Pretax Margin % Chart
For the Asset Management subindustry, Blackstone Strategic Credit Fund'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.
Blackstone Strategic Credit Fund Pretax Margin % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Blackstone Strategic Credit Fund's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Blackstone Strategic Credit Fund'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.
Blackstone Strategic Credit Fund (BGB) has a Pretax Margin % of 84.42% as of Dec. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Blackstone Strategic Credit Fund and its competitors. This is near median its historical median of 92.24. According to the industry distribution chart, Blackstone Strategic Credit Fund ranks #861 out of 1572 companies in the Asset Management industry, placing it in the top 54.8%.
Is Blackstone Strategic Credit Fund's Pretax Margin % too high?
Blackstone Strategic Credit Fund's current Pretax Margin % of 84.42% is near median its 10-year median of 92.24. The Asset Management industry median Pretax Margin % is 89.84. Blackstone Strategic Credit Fund's value of 84.42% is 6% below this industry median. Based on the distribution chart, Blackstone Strategic Credit Fund ranks #861 out of 1572 companies in the Asset Management industry, which is below the industry midpoint. Overall, Blackstone Strategic Credit Fund has a GF Score™ of 45/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Blackstone Strategic Credit Fund's Pretax Margin % compare to PML and FTHY?
According to the Asset Management industry distribution chart, Blackstone Strategic Credit Fund ranks #861 out of 1572 companies for Pretax Margin %. This places Blackstone Strategic Credit Fund in the lower half of its industry. The industry median Pretax Margin % is 89.84. Blackstone Strategic Credit Fund's value of 84.42% is 6% below this benchmark. While the company's 10-year median is 92.24 vs. the industry median of 89.84, Blackstone Strategic Credit Fund 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 89.84, based on 1,572 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. Blackstone Strategic Credit Fund's current Pretax Margin % of 84.42% is 6% 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 Blackstone Strategic Credit Fund and its competitors. For the Asset Management industry, the median Pretax Margin % is 89.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Blackstone Strategic Credit Fund's current Pretax Margin % is 84.42%, which is near median its own 10-year median of 92.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Blackstone Strategic Credit Fund stock overvalued right now?
Based on GuruFocus' analysis, Blackstone Strategic Credit Fund (BGB) is currently considered Significantly Overvalued. The stock's GF Value™ is $6.95, compared to a current price of $11.32 — trading 62.9% above its estimated fair value. The current Pretax Margin % is 84.42%, which is near median its 10-year median of 92.24 and 6% below the Asset Management industry median of 89.84. Blackstone Strategic Credit Fund's overall GF Score™ is 45/100 with 8 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 Blackstone Strategic Credit Fund (BGB), the current Pretax Margin % is 84.42% 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 Blackstone Strategic Credit Fund (BGB) Overvalued in 2026?
Based on GuruFocus' analysis, Blackstone Strategic Credit Fund stock appears to be overvalued.
The current stock price of $11.32 is trading 62.9% above its estimated GF Value™ of $6.95.
GuruFocus considers Blackstone Strategic Credit Fund to be Significantly Overvalued.
Key valuation signals for BGB:
Pretax Margin %: 84.42% (near median its 10-year median of 92.24)
GF Value™: $6.95 vs. price of $11.32 (62.9% above fair value)
Industry Position: 6% below the Asset Management median (#861 of 1572)
No single metric tells the full story. See the BGB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Blackstone Strategic Credit Fund Business Description
Blackstone Strategic Credit Fund is a diversified, closed-end management investment company. Its primary investment objective is to seek high current income. The secondary objective of the fund is to seek the preservation of capital. Under normal market conditions, the Fund invests at least 80% of its Managed Assets in senior, secured floating-rate loans. The fund also invest in second-lien loans and high yield bonds and employs financial leverage, which may increase risk to the Fund. The Fund has a limited term and absent shareholder approval to extend the life of the Fund.
45GF Score
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