Fundo DE Investimento Imobiliario Atrio Reit Recebiveis Imobiliarios (BSP:ARRI11) Pretax Margin %: 92.46% (As of Dec. 2025) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BSP:ARRI11 Fundo DE Investimento Imobiliario Atrio Reit Recebiveis Imobiliarios BSP:ARRI11
51 GF Score
Price R$4.64
GF Value R$7.22
Valuation Possible Value Trap
! 2 Warning Signs
View Full Analysis

What is Fundo DE Investimento Imobiliario Atrio Reit Recebiveis Imobiliarios Pretax Margin %?

Fundo DE Investimento Imobiliario Atrio Reit Recebiveis Imobiliarios BSP:ARRI11 -1.28% 51 Pretax Margin % is 92.46% as of Dec. 2025, which is 1% above its 10-year median of 91.58. GuruFocus rates BSP:ARRI11 with a GF Score™ of 51/100 and a GF Value™ of R$7.22 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 929 REITs companies, Fundo DE Investimento Imobiliario Atrio Reit Recebiveis Imobiliarios ranks better than 78.36% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Fundo DE Investimento Imobiliario Atrio Reit Recebiveis Imobiliarios's Pre-Tax Income for the six months ended in Dec. 2025 was R$20.32 Mil. Fundo DE Investimento Imobiliario Atrio Reit Recebiveis Imobiliarios's Revenue for the six months ended in Dec. 2025 was R$21.98 Mil. Therefore, Fundo DE Investimento Imobiliario Atrio Reit Recebiveis Imobiliarios's pretax margin for the quarter that ended in Dec. 2025 was 92.46%.

The historical rank and industry rank for Fundo DE Investimento Imobiliario Atrio Reit Recebiveis Imobiliarios's Pretax Margin % or its related term are showing as below:

BSP:ARRI11' s Pretax Margin % Range Over the Past 10 Years
Min: 74.87   Med: 91.58   Max: 94
Current: 92.46


BSP:ARRI11's Pretax Margin % is ranked better than
78.36% of 929 companies
in the REITs industry
Industry Median: 46.93 vs BSP:ARRI11: 92.46

Fundo DE Investimento Imobiliario Atrio Reit Recebiveis Imobiliarios  (BSP:ARRI11) 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.


Fundo DE Investimento Imobiliario Atrio Reit Recebiveis Imobiliarios Pretax Margin % Related Terms


Fundo DE Investimento Imobiliario Atrio Reit Recebiveis Imobiliarios Pretax Margin % Historical Data

* Premium members only.

The historical data trend for Fundo DE Investimento Imobiliario Atrio Reit Recebiveis Imobiliarios'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.

Fundo DE Investimento Imobiliario Atrio Reit Recebiveis Imobiliarios Pretax Margin % Chart

Fundo DE Investimento Imobiliario Atrio Reit Recebiveis Imobiliarios Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Pretax Margin %
Get a 7-Day Free Trial 90.69 74.87 94.00 92.77 92.46

Fundo DE Investimento Imobiliario Atrio Reit Recebiveis Imobiliarios Semi-Annual Data
Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Pretax Margin % Get a 7-Day Free Trial 90.69 74.87 94.00 92.77 92.46

BSP:ARRI11 vs AVB, EQR, ESS: Pretax Margin % Comparison

For the REIT - Residential subindustry, Fundo DE Investimento Imobiliario Atrio Reit Recebiveis Imobiliarios'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.


Fundo DE Investimento Imobiliario Atrio Reit Recebiveis Imobiliarios Pretax Margin % vs REITs Industry

For the REITs industry and Real Estate sector, Fundo DE Investimento Imobiliario Atrio Reit Recebiveis Imobiliarios's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Fundo DE Investimento Imobiliario Atrio Reit Recebiveis Imobiliarios's Pretax Margin % falls into.


BSP:ARRI11
51GF Score
Fundo DE Investimento Imobiliario Atrio Reit Recebiveis Imobiliarios BSP:ARRI11
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fundo DE Investimento Imobiliario Atrio Reit Recebiveis Imobiliarios Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Fundo DE Investimento Imobiliario Atrio Reit Recebiveis Imobiliarios's Pretax Margin for the fiscal year that ended in Dec. 2025 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=20.323/21.98
=92.46 %

Fundo DE Investimento Imobiliario Atrio Reit Recebiveis Imobiliarios's Pretax Margin for the quarter that ended in Dec. 2025 is calculated as

Pretax Margin=Pre-Tax Income (Q: Dec. 2025 )/Revenue (Q: Dec. 2025 )
=20.323/21.98
=92.46 %

* 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.

Frequently Asked Questions Learn more about Pretax Margin % →
What does a Pretax Margin % of 92.46% mean?
Fundo DE Investimento Imobiliario Atrio Reit Recebiveis Imobiliarios (BSP:ARRI11) has a Pretax Margin % of 92.46% as of Dec. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Fundo DE Investimento Imobiliario Atrio Reit Recebiveis Imobiliarios and its competitors. This is near median its historical median of 91.58. Over the past decade, Fundo DE Investimento Imobiliario Atrio Reit Recebiveis Imobiliarios' Pretax Margin % has ranged from 74.87 to 94.00. According to the industry distribution chart, Fundo DE Investimento Imobiliario Atrio Reit Recebiveis Imobiliarios ranks #201 out of 929 companies in the REITs industry, placing it in the top 21.6%.
Is Fundo DE Investimento Imobiliario Atrio Reit Recebiveis Imobiliarios' Pretax Margin % too high?
Fundo DE Investimento Imobiliario Atrio Reit Recebiveis Imobiliarios' current Pretax Margin % of 92.46% is near median its 10-year median of 91.58. Over the past 10 years, this metric has ranged from a low of 74.87 to a high of 94.00. The REITs industry median Pretax Margin % is 46.93. Fundo DE Investimento Imobiliario Atrio Reit Recebiveis Imobiliarios' value of 92.46% is 97% above this industry median. Based on the distribution chart, Fundo DE Investimento Imobiliario Atrio Reit Recebiveis Imobiliarios ranks #201 out of 929 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Fundo DE Investimento Imobiliario Atrio Reit Recebiveis Imobiliarios has a GF Score™ of 51/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Fundo DE Investimento Imobiliario Atrio Reit Recebiveis Imobiliarios' Pretax Margin % compare to AVB and EQR?
According to the REITs industry distribution chart, Fundo DE Investimento Imobiliario Atrio Reit Recebiveis Imobiliarios ranks #201 out of 929 companies for Pretax Margin %. This places Fundo DE Investimento Imobiliario Atrio Reit Recebiveis Imobiliarios in the top 22% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 46.93. Fundo DE Investimento Imobiliario Atrio Reit Recebiveis Imobiliarios' value of 92.46% is 97% above this benchmark. Historically, Fundo DE Investimento Imobiliario Atrio Reit Recebiveis Imobiliarios' own Pretax Margin % has ranged from 74.87 to 94.00 over the past decade. While the company's 10-year median is 91.58 vs. the industry median of 46.93, Fundo DE Investimento Imobiliario Atrio Reit Recebiveis Imobiliarios 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 REITs company?
The median Pretax Margin % among REITs companies is 46.93, based on 929 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. Fundo DE Investimento Imobiliario Atrio Reit Recebiveis Imobiliarios's current Pretax Margin % of 92.46% is 97% 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 Fundo DE Investimento Imobiliario Atrio Reit Recebiveis Imobiliarios and its competitors. For the REITs industry, the median Pretax Margin % is 46.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fundo DE Investimento Imobiliario Atrio Reit Recebiveis Imobiliarios's current Pretax Margin % is 92.46%, which is near median its own 10-year median of 91.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fundo DE Investimento Imobiliario Atrio Reit Recebiveis Imobiliarios stock overvalued right now?
Based on GuruFocus' analysis, Fundo DE Investimento Imobiliario Atrio Reit Recebiveis Imobiliarios (BSP:ARRI11) is currently considered Possible Value Trap. The stock's GF Value™ is R$7.22, compared to a current price of R$4.64 — trading 35.7% below its estimated fair value. The current Pretax Margin % is 92.46%, which is near median its 10-year median of 91.58 and 97% above the REITs industry median of 46.93. Fundo DE Investimento Imobiliario Atrio Reit Recebiveis Imobiliarios' overall GF Score™ is 51/100 with 2 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 Fundo DE Investimento Imobiliario Atrio Reit Recebiveis Imobiliarios (BSP:ARRI11), the current Pretax Margin % is 92.46% 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 Fundo DE Investimento Imobiliario Atrio Reit Recebiveis Imobiliarios (BSP:ARRI11) Overvalued in 2026?

Based on GuruFocus' analysis, Fundo DE Investimento Imobiliario Atrio Reit Recebiveis Imobiliarios stock appears to be undervalued. The current stock price of R$4.64 is trading 35.7% below its estimated GF Value™ of R$7.22. GuruFocus considers Fundo DE Investimento Imobiliario Atrio Reit Recebiveis Imobiliarios to be Possible Value Trap.

Key valuation signals for BSP:ARRI11:

  • Pretax Margin %: 92.46% (near median its 10-year median of 91.58)
  • GF Value™: R$7.22 vs. price of R$4.64 (35.7% below fair value)
  • GF Score™: 51/100 with 2 warning signs
  • Industry Position: 97% above the REITs median (#201 of 929)

No single metric tells the full story. See the BSP:ARRI11 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fundo DE Investimento Imobiliario Atrio Reit Recebiveis Imobiliarios Business Description

Industry Real EstateREITs
Address Avenida Das Americas, 3434, Bloco 7, 2nd Floor, GR. 201, Barra da Tijuca, Rio De Janeiro, RJ, BRA, 22640102
Fundo DE Investimento Imobiliario Atrio Reit Recebiveis Imobiliarios is a closed-end fund. The fund's portfolio will consist of financial assets and real estate assets. The target audience for the single class will consist of investors in general, whether individuals or legal entities, residing, domiciled, or headquartered in Brazil, and investment funds, whether or not are qualified investors, in accordance with applicable regulations.
51GF Score

Get the complete analysis for BSP:ARRI11

Pretax Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R$4.64
Price
R$7.22
GF Value