DB (Deutsche Bank AG) Pretax Margin %: 35.10% (As of Mar. 2026) — 273% Above Median


DB Deutsche Bank AG DB
55 GF Score
Price $34.38
GF Value $21.16
Valuation Significantly Overvalued
! 1 Warning Sign
View Full Analysis

What is Deutsche Bank AG Pretax Margin %?

Deutsche Bank AG DB +1.12% 55 Pretax Margin % is 35.10% as of Mar. 2026, which is 273% above its 10-year median of 9.40. GuruFocus rates DB with a GF Score™ of 55/100 and a GF Value™ of $21.16 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 1,526 Banks companies, Deutsche Bank AG ranks worse than 60.62% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Deutsche Bank AG's Pre-Tax Income for the three months ended in Mar. 2026 was $3,516 Mil. Deutsche Bank AG's Revenue for the three months ended in Mar. 2026 was $10,017 Mil. Therefore, Deutsche Bank AG's pretax margin for the quarter that ended in Mar. 2026 was 35.10%.

The historical rank and industry rank for Deutsche Bank AG's Pretax Margin % or its related term are showing as below:

DB' s Pretax Margin % Range Over the Past 10 Years
Min: -11.43   Med: 9.4   Max: 30.83
Current: 30.83


DB's Pretax Margin % is ranked worse than
60.62% of 1526 companies
in the Banks industry
Industry Median: 34.885 vs DB: 30.83

Deutsche Bank AG  (NYSE:DB) 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.


Deutsche Bank AG Pretax Margin % Related Terms


Deutsche Bank AG Pretax Margin % Historical Data

* Premium members only.

The historical data trend for Deutsche Bank AG'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.

Deutsche Bank AG Pretax Margin % Chart

Deutsche Bank AG Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.40 20.99 19.66 17.61 30.32

Deutsche Bank AG Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 33.20 30.96 30.47 26.29 35.10

DB vs PNC: Pretax Margin % Comparison

For the Banks - Regional subindustry, Deutsche Bank AG'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.


Deutsche Bank AG Pretax Margin % vs Banks Industry

For the Banks industry and Financial Services sector, Deutsche Bank AG's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Deutsche Bank AG's Pretax Margin % falls into.


DB
55GF Score
Deutsche Bank AG DB
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Deutsche Bank AG 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.

Deutsche Bank AG'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 )
=11394.614/37586.651
=30.32 %

Deutsche Bank AG's Pretax Margin for the quarter that ended in Mar. 2026 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=3515.607/10017.341
=35.10 %

* 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 35.10% mean?
Deutsche Bank AG (DB) has a Pretax Margin % of 35.10% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Deutsche Bank AG and its competitors. This is 273% above median its historical median of 9.40. According to the industry distribution chart, Deutsche Bank AG ranks #925 out of 1526 companies in the Banks industry, placing it in the top 60.6%.
Is Deutsche Bank AG's Pretax Margin % too high?
Deutsche Bank AG's current Pretax Margin % of 35.10% is 273% above median its 10-year median of 9.40. The Banks industry median Pretax Margin % is 34.89. Deutsche Bank AG's value of 35.10% is 0.6% above this industry median. Based on the distribution chart, Deutsche Bank AG ranks #925 out of 1526 companies in the Banks industry, which is below the industry midpoint. Overall, Deutsche Bank AG has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Deutsche Bank AG's Pretax Margin % compare to PNC?
According to the Banks industry distribution chart, Deutsche Bank AG ranks #925 out of 1526 companies for Pretax Margin %. This places Deutsche Bank AG in the lower half of its industry. The industry median Pretax Margin % is 34.89. Deutsche Bank AG's value of 35.10% is 0.6% above this benchmark. While the company's 10-year median is 9.40 vs. the industry median of 34.89, Deutsche Bank AG 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 Banks company?
The median Pretax Margin % among Banks companies is 34.89, based on 1,526 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. Deutsche Bank AG's current Pretax Margin % of 35.10% is 0.6% 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 Deutsche Bank AG and its competitors. For the Banks industry, the median Pretax Margin % is 34.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Deutsche Bank AG's current Pretax Margin % is 35.10%, which is 273% above median its own 10-year median of 9.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Deutsche Bank AG stock overvalued right now?
Based on GuruFocus' analysis, Deutsche Bank AG (DB) is currently considered Significantly Overvalued. The stock's GF Value™ is $21.16, compared to a current price of $34.38 — trading 62.5% above its estimated fair value. The current Pretax Margin % is 35.10%, which is 273% above median its 10-year median of 9.40 and 0.6% above the Banks industry median of 34.89. Deutsche Bank AG's overall GF Score™ is 55/100 with 1 warning sign 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 Deutsche Bank AG (DB), the current Pretax Margin % is 35.10% 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 Deutsche Bank AG (DB) Overvalued in 2026?

Based on GuruFocus' analysis, Deutsche Bank AG stock appears to be overvalued. The current stock price of $34.38 is trading 62.5% above its estimated GF Value™ of $21.16. GuruFocus considers Deutsche Bank AG to be Significantly Overvalued.

Key valuation signals for DB:

  • Pretax Margin %: 35.10% (273% above median its 10-year median of 9.40)
  • GF Value™: $21.16 vs. price of $34.38 (62.5% above fair value)
  • GF Score™: 55/100 with 1 warning sign
  • Industry Position: 0.6% above the Banks median (#925 of 1526)

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


Deutsche Bank AG Business Description

Address Taunusanlage 12, Frankfurt am Main, HE, DEU, 60325
Deutsche Bank is a universal bank operating on a global scale. It offers corporate, retail, investment banking, private banking, and asset management to its clients.
55GF Score

Get the complete analysis for DB

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

$34.38
Price
$21.16
GF Value