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.
CBL & Associates Properties Pretax Margin % Related Terms
CBL & Associates Properties 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.
For the REIT - Retail subindustry, CBL & Associates Properties'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.
CBL & Associates Properties Pretax Margin % vs REITs Industry
For the REITs industry and Real Estate sector, CBL & Associates Properties's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where CBL & Associates Properties'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.
CBL & Associates Properties (CBL) has a Pretax Margin % of 23.89% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on CBL & Associates Properties and its competitors. According to the industry distribution chart, CBL & Associates Properties ranks #614 out of 927 companies in the REITs industry, placing it in the top 66.2%.
Is CBL & Associates Properties' Pretax Margin % too high?
CBL & Associates Properties' current Pretax Margin % is 23.89%. The REITs industry median Pretax Margin % is 46.93. CBL & Associates Properties' value of 23.89% is 49.1% below this industry median. Based on the distribution chart, CBL & Associates Properties ranks #614 out of 927 companies in the REITs industry, which is below the industry midpoint. Overall, CBL & Associates Properties has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CBL & Associates Properties' Pretax Margin % compare to ALX and GTY?
According to the REITs industry distribution chart, CBL & Associates Properties ranks #614 out of 927 companies for Pretax Margin %. This places CBL & Associates Properties in the lower half of its industry. The industry median Pretax Margin % is 46.93. CBL & Associates Properties' value of 23.89% is 49.1% below this benchmark. 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 927 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. CBL & Associates Properties's current Pretax Margin % of 23.89% is 49.1% 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 CBL & Associates Properties 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. CBL & Associates Properties's current Pretax Margin % is 23.89%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CBL & Associates Properties stock overvalued right now?
Based on GuruFocus' analysis, CBL & Associates Properties (CBL) is currently considered Significantly Overvalued. The stock's GF Value™ is $28.43, compared to a current price of $50.99 — trading 79.4% above its estimated fair value. The current Pretax Margin % is 23.89% and 49.1% below the REITs industry median of 46.93. CBL & Associates Properties' overall GF Score™ is 51/100 with 10 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 CBL & Associates Properties (CBL), the current Pretax Margin % is 23.89% 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 CBL & Associates Properties (CBL) Overvalued in 2026?
Based on GuruFocus' analysis, CBL & Associates Properties stock appears to be overvalued.
The current stock price of $50.99 is trading 79.4% above its estimated GF Value™ of $28.43.
GuruFocus considers CBL & Associates Properties to be Significantly Overvalued.
Key valuation signals for CBL:
Pretax Margin %: 23.89%
GF Value™: $28.43 vs. price of $50.99 (79.4% above fair value)
Industry Position: 49.1% below the REITs median (#614 of 927)
No single metric tells the full story. See the CBL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CBL & Associates Properties Inc is a real estate investment trust. The company engages in the ownership, development, acquisition, leasing, management and operation of regional shopping malls, outlet centers, lifestyle centers, open-air centers and other properties. CBL's sales predominantly derive from leasing arrangements with retail tenants. The company also generates revenue from management and development fees, as well as sales of its real estate assets. CBL expands its portfolio of assets through activities such as redevelopment, renovation, and expansion.
51GF Score
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