EMF (Templeton Emerging Markets Fund) Pretax Margin %: 99.79% (As of Feb. 2026) — 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.

EMF Templeton Emerging Markets Fund EMF
38 GF Score
Price $23.00
! 6 Warning Signs
View Full Analysis

What is Templeton Emerging Markets Fund Pretax Margin %?

Templeton Emerging Markets Fund EMF +1.81% 38 Pretax Margin % is 99.79% as of Feb. 2026, which is 0% above its 10-year median of 99.36. GuruFocus rates EMF with a GF Score™ of 38/100. The stock has 6 warning signs investors should review. Among 1,568 Asset Management companies, Templeton Emerging Markets Fund ranks better than 80.8% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Templeton Emerging Markets Fund's Pre-Tax Income for the six months ended in Feb. 2026 was $98.8 Mil. Templeton Emerging Markets Fund's Revenue for the six months ended in Feb. 2026 was $99.0 Mil. Therefore, Templeton Emerging Markets Fund's pretax margin for the quarter that ended in Feb. 2026 was 99.79%.

The historical rank and industry rank for Templeton Emerging Markets Fund's Pretax Margin % or its related term are showing as below:

EMF' s Pretax Margin % Range Over the Past 10 Years
Min: 98.78   Med: 99.36   Max: 203.14
Current: 99.74


EMF's Pretax Margin % is ranked better than
80.8% of 1568 companies
in the Asset Management industry
Industry Median: 91.25 vs EMF: 99.74

Templeton Emerging Markets Fund  (NYSE:EMF) 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.


Templeton Emerging Markets Fund Pretax Margin % Related Terms


Templeton Emerging Markets Fund Pretax Margin % Historical Data

* Premium members only.

The historical data trend for Templeton Emerging Markets Fund'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.

Templeton Emerging Markets Fund Pretax Margin % Chart

Templeton Emerging Markets Fund Annual Data
Trend Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only 98.85 100.48 99.07 98.78 99.36

Templeton Emerging Markets Fund Semi-Annual Data
Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
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 97.75 99.13 98.08 99.62 99.79

EMF vs JRI, HPF, ZTR: Pretax Margin % Comparison

For the Asset Management subindustry, Templeton Emerging Markets Fund'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.


Templeton Emerging Markets Fund Pretax Margin % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Templeton Emerging Markets Fund's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Templeton Emerging Markets Fund's Pretax Margin % falls into.


EMF
38GF Score
Templeton Emerging Markets Fund EMF
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Templeton Emerging Markets Fund 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.

Templeton Emerging Markets Fund's Pretax Margin for the fiscal year that ended in Aug. 2025 is calculated as

Pretax Margin=Pre-Tax Income (A: Aug. 2025 )/Revenue (A: Aug. 2025 )
=50.488/50.815
=99.36 %

Templeton Emerging Markets Fund's Pretax Margin for the quarter that ended in Feb. 2026 is calculated as

Pretax Margin=Pre-Tax Income (Q: Feb. 2026 )/Revenue (Q: Feb. 2026 )
=98.814/99.021
=99.79 %

* 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 99.79% mean?
Templeton Emerging Markets Fund (EMF) has a Pretax Margin % of 99.79% as of Feb. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Templeton Emerging Markets Fund and its competitors. This is near median its historical median of 99.36. Over the past decade, Templeton Emerging Markets Fund's Pretax Margin % has ranged from 98.78 to 203.14. According to the industry distribution chart, Templeton Emerging Markets Fund ranks #301 out of 1568 companies in the Asset Management industry, placing it in the top 19.2%.
Is Templeton Emerging Markets Fund's Pretax Margin % too high?
Templeton Emerging Markets Fund's current Pretax Margin % of 99.79% is near median its 10-year median of 99.36. Over the past 10 years, this metric has ranged from a low of 98.78 to a high of 203.14. The Asset Management industry median Pretax Margin % is 91.25. Templeton Emerging Markets Fund's value of 99.79% is 9.4% above this industry median. Based on the distribution chart, Templeton Emerging Markets Fund ranks #301 out of 1568 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Templeton Emerging Markets Fund has a GF Score™ of 38/100, reflecting its overall financial health beyond just this single metric.
How does Templeton Emerging Markets Fund's Pretax Margin % compare to JRI and HPF?
According to the Asset Management industry distribution chart, Templeton Emerging Markets Fund ranks #301 out of 1568 companies for Pretax Margin %. This places Templeton Emerging Markets Fund in the top 19% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 91.25. Templeton Emerging Markets Fund's value of 99.79% is 9.4% above this benchmark. Historically, Templeton Emerging Markets Fund's own Pretax Margin % has ranged from 98.78 to 203.14 over the past decade. While the company's 10-year median is 99.36 vs. the industry median of 91.25, Templeton Emerging Markets Fund 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 91.25, based on 1,568 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. Templeton Emerging Markets Fund's current Pretax Margin % of 99.79% is 9.4% 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 Templeton Emerging Markets Fund and its competitors. For the Asset Management industry, the median Pretax Margin % is 91.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Templeton Emerging Markets Fund's current Pretax Margin % is 99.79%, which is near median its own 10-year median of 99.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Templeton Emerging Markets Fund stock overvalued right now?
Templeton Emerging Markets Fund (EMF) has a current Pretax Margin % of 99.79%. The current Pretax Margin % is 99.79%, which is near median its 10-year median of 99.36 and 9.4% above the Asset Management industry median of 91.25. Templeton Emerging Markets Fund's overall GF Score™ is 38/100 with 6 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 Templeton Emerging Markets Fund (EMF), the current Pretax Margin % is 99.79% as of Feb. 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.

Templeton Emerging Markets Fund Business Description

Address 300 South East 2nd Street, Fort Lauderdale, Fort Lauderdale, FL, USA, 33301-1923
Templeton Emerging Markets Fund is a closed-end management investment company that seeks long-term capital appreciation by investing mainly in emerging country equity securities under normal market conditions. It invests across various sectors, including Pharmaceuticals, Beverages, Broadline Retail, Metals & Mining, Banks, Food Products, Semiconductors & Semiconductor Equipment, Insurance, Entertainment, and others.
38GF Score

Get the complete analysis for EMF

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

$23.00
Price