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.
* 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.
* 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.
Flaherty & Crumrine Preferred andome Securities Fundorporated Pretax Margin % vs Asset Management Industry
* 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.
Flaherty & Crumrine Preferred andome Securities Fundorporated (FFC) has a Pretax Margin % of 98.55% as of Nov. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Flaherty & Crumrine Preferred andome Securities Fundorporated and its competitors. This is near median its historical median of 98.66. Over the past decade, Flaherty & Crumrine Preferred andome Securities Fundorporated's Pretax Margin % has ranged from 79.40 to 104.39. According to the industry distribution chart, Flaherty & Crumrine Preferred andome Securities Fundorporated ranks #558 out of 1580 companies in the Asset Management industry, placing it in the top 35.3%.
Is Flaherty & Crumrine Preferred andome Securities Fundorporated's Pretax Margin % too high?
Flaherty & Crumrine Preferred andome Securities Fundorporated's current Pretax Margin % of 98.55% is near median its 10-year median of 98.66. Over the past 10 years, this metric has ranged from a low of 79.40 to a high of 104.39. The Asset Management industry median Pretax Margin % is 89.48. Flaherty & Crumrine Preferred andome Securities Fundorporated's value of 98.55% is 10.1% above this industry median. Based on the distribution chart, Flaherty & Crumrine Preferred andome Securities Fundorporated ranks #558 out of 1580 companies in the Asset Management industry, which is above the industry midpoint. Overall, Flaherty & Crumrine Preferred andome Securities Fundorporated has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does Flaherty & Crumrine Preferred andome Securities Fundorporated's Pretax Margin % compare to THQ and ACGP?
According to the Asset Management industry distribution chart, Flaherty & Crumrine Preferred andome Securities Fundorporated ranks #558 out of 1580 companies for Pretax Margin %. This puts Flaherty & Crumrine Preferred andome Securities Fundorporated in the upper half of its industry. The industry median Pretax Margin % is 89.48. Flaherty & Crumrine Preferred andome Securities Fundorporated's value of 98.55% is 10.1% above this benchmark. Historically, Flaherty & Crumrine Preferred andome Securities Fundorporated's own Pretax Margin % has ranged from 79.40 to 104.39 over the past decade. While the company's 10-year median is 98.66 vs. the industry median of 89.48, Flaherty & Crumrine Preferred andome Securities Fundorporated 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 89.48, based on 1,580 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. Flaherty & Crumrine Preferred andome Securities Fundorporated's current Pretax Margin % of 98.55% is 10.1% 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 Flaherty & Crumrine Preferred andome Securities Fundorporated and its competitors. For the Asset Management industry, the median Pretax Margin % is 89.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Flaherty & Crumrine Preferred andome Securities Fundorporated's current Pretax Margin % is 98.55%, which is near median its own 10-year median of 98.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Flaherty & Crumrine Preferred andome Securities Fundorporated stock overvalued right now?
Flaherty & Crumrine Preferred andome Securities Fundorporated (FFC) has a current Pretax Margin % of 98.55%. The current Pretax Margin % is 98.55%, which is near median its 10-year median of 98.66 and 10.1% above the Asset Management industry median of 89.48. Flaherty & Crumrine Preferred andome Securities Fundorporated's overall GF Score™ is 33/100 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 Flaherty & Crumrine Preferred andome Securities Fundorporated (FFC), the current Pretax Margin % is 98.55% as of Nov. 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.
Flaherty & Crumrine Preferred andome Securities Fundorporated Business Description
Flaherty & Crumrine Preferred and Income Securities Fund Incorporated is a diversified, closed-end management investment company. The fund's investment objective is to provide its common shareholders with high current income consistent with the preservation of capital. It invests in a diversified portfolio of preferred securities.
33GF Score
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