CarrefourCHIX:CAP 72 Pretax Margin % is 4.12% as of Dec. 2025, which is 138% above its 10-year median of 1.73. GuruFocus rates CHIX:CAP with a GF Score™ of 72/100 and a GF Value™ of €14.72 (Modestly Overvalued). The stock has 12 warning signs investors should review. Among 310 Retail - Defensive companies, Carrefour ranks worse than 63.23% on this metric.
Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Carrefour's Pre-Tax Income for the
six
months ended in Dec. 2025 was €1,701 Mil. Carrefour's Revenue for the
six
months ended in Dec. 2025 was €41,252 Mil. Therefore, Carrefour's pretax margin for the quarter that ended in Dec. 2025 was 4.12%.
The historical rank and industry rank for Carrefour's Pretax Margin % or its related term are showing as below:
CHIX:CAp'
s Pretax Margin % Range Over the Past 10 Years
Min: 0.66 Med: 1.73 Max: 2.37
Current: 1.86
CHIX:CAp's Pretax Margin % is ranked worse than 63.23% of 310
companies
in the Retail - Defensive industry
Industry Median: 3.015
vs CHIX:CAp: 1.86
Carrefour (CHIX:CAp) 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.
Carrefour Pretax Margin % Related Terms
Carrefour Pretax Margin % Historical Data
* Premium members only.
The historical data trend for Carrefour'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.
CHIX:CAP vs KR, SFM, ACI: Pretax Margin % Comparison
For the Grocery Stores subindustry, Carrefour'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.
Carrefour Pretax Margin % vs Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Carrefour's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Carrefour'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.
Carrefour (CHIX:CAP) has a Pretax Margin % of 4.12% as of Dec. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Carrefour and its competitors. This is 138% above median its historical median of 1.73. Over the past decade, Carrefour's Pretax Margin % has ranged from 0.66 to 2.37. According to the industry distribution chart, Carrefour ranks #196 out of 310 companies in the Retail - Defensive industry, placing it in the top 63.2%.
Is Carrefour's Pretax Margin % too high?
Carrefour's current Pretax Margin % of 4.12% is 138% above median its 10-year median of 1.73. Over the past 10 years, this metric has ranged from a low of 0.66 to a high of 2.37. The Retail - Defensive industry median Pretax Margin % is 3.02. Carrefour's value of 4.12% is 36.7% above this industry median. Based on the distribution chart, Carrefour ranks #196 out of 310 companies in the Retail - Defensive industry, which is below the industry midpoint. Overall, Carrefour has a GF Score™ of 72/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Carrefour's Pretax Margin % compare to KR and SFM?
According to the Retail - Defensive industry distribution chart, Carrefour ranks #196 out of 310 companies for Pretax Margin %. This places Carrefour in the lower half of its industry. The industry median Pretax Margin % is 3.02. Carrefour's value of 4.12% is 36.7% above this benchmark. Historically, Carrefour's own Pretax Margin % has ranged from 0.66 to 2.37 over the past decade. While the company's 10-year median is 1.73 vs. the industry median of 3.02, Carrefour 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 Retail - Defensive company?
The median Pretax Margin % among Retail - Defensive companies is 3.02, based on 310 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. Carrefour's current Pretax Margin % of 4.12% is 36.7% 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 Carrefour and its competitors. For the Retail - Defensive industry, the median Pretax Margin % is 3.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Carrefour's current Pretax Margin % is 4.12%, which is 138% above median its own 10-year median of 1.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Carrefour stock overvalued right now?
Based on GuruFocus' analysis, Carrefour (CHIX:CAP) is currently considered Modestly Overvalued. The stock's GF Value™ is €14.72, compared to a current price of €16.70 — trading 13.5% above its estimated fair value. The current Pretax Margin % is 4.12%, which is 138% above median its 10-year median of 1.73 and 36.7% above the Retail - Defensive industry median of 3.02. Carrefour's overall GF Score™ is 72/100 with 12 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 Carrefour (CHIX:CAP), the current Pretax Margin % is 4.12% 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 Carrefour (CHIX:CAP) Overvalued in 2026?
Based on GuruFocus' analysis, Carrefour stock appears to be overvalued.
The current stock price of €16.70 is trading 13.5% above its estimated GF Value™ of €14.72.
GuruFocus considers Carrefour to be Modestly Overvalued.
Key valuation signals for CHIX:CAP:
Pretax Margin %: 4.12% (138% above median its 10-year median of 1.73)
GF Value™: €14.72 vs. price of €16.70 (13.5% above fair value)
Industry Position: 36.7% above the Retail - Defensive median (#196 of 310)
No single metric tells the full story. See the CHIX:CAP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Founded in 1959, Carrefour is a multiformat retailer with operations in over 40 countries. Approximately 75% of sales stem from Europe and the rest from Latin America. In France, where Carrefour generates nearly 50% of its total revenue, the firm has a grocery market share of 22%, behind market leader E.Leclerc (24%), according to Kantar. Carrefour operates over 15,000 stores in hypermarket, supermarket, convenience store, and discount store formats. In 2024, Carrefour completed the acquisition of the Cora and Match banners from Louis Delhaize group for an enterprise value of EUR 1.05 billion.
72GF Score
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