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California First LeasingCFNB +2.88%35 Pretax Margin % is 97.94% as of Dec. 2025, which is 7% above its 10-year median of 91.40. GuruFocus rates CFNB with a GF Score™ of 35/100. The stock has 3 warning signs investors should review. Among 1,575 Asset Management companies, California First Leasing ranks better than 64.76% on this metric.
California First Leasing (OTCPK:CFNB) 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.
California First Leasing Pretax Margin % Related Terms
California First Leasing 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 Asset Management subindustry, California First Leasing'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.
California First Leasing Pretax Margin % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, California First Leasing's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where California First Leasing'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.
California First Leasing (CFNB) has a Pretax Margin % of 97.94% as of Dec. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on California First Leasing and its competitors. This is near median its historical median of 91.40. According to the industry distribution chart, California First Leasing ranks #555 out of 1575 companies in the Asset Management industry, placing it in the top 35.2%.
Is California First Leasing's Pretax Margin % too high?
California First Leasing's current Pretax Margin % of 97.94% is near median its 10-year median of 91.40. The Asset Management industry median Pretax Margin % is 90.18. California First Leasing's value of 97.94% is 8.6% above this industry median. Based on the distribution chart, California First Leasing ranks #555 out of 1575 companies in the Asset Management industry, which is above the industry midpoint. Overall, California First Leasing has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.
How does California First Leasing's Pretax Margin % compare to NBH and MXF?
According to the Asset Management industry distribution chart, California First Leasing ranks #555 out of 1575 companies for Pretax Margin %. This puts California First Leasing in the upper half of its industry. The industry median Pretax Margin % is 90.18. California First Leasing's value of 97.94% is 8.6% above this benchmark. While the company's 10-year median is 91.40 vs. the industry median of 90.18, California First Leasing 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 an Asset Management company?
The median Pretax Margin % among Asset Management companies is 90.18, based on 1,575 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. California First Leasing's current Pretax Margin % of 97.94% is 8.6% 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 California First Leasing and its competitors. For the Asset Management industry, the median Pretax Margin % is 90.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. California First Leasing's current Pretax Margin % is 97.94%, which is near median its own 10-year median of 91.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is California First Leasing stock overvalued right now?
California First Leasing (CFNB) has a current Pretax Margin % of 97.94%. The current Pretax Margin % is 97.94%, which is near median its 10-year median of 91.40 and 8.6% above the Asset Management industry median of 90.18. California First Leasing's overall GF Score™ is 35/100 with 3 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 California First Leasing (CFNB), the current Pretax Margin % is 97.94% 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.
California First Leasing Corp is an internally managed non-diversified closed-end investment company. The company retains its lease business while using equity and other investments to maximize current income and generate capital appreciation.
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