Flow TradersFLTLF 50 Pretax Margin % is 21.67% as of Dec. 2025, which is 27% below its 10-year median of 29.82. GuruFocus rates FLTLF with a GF Score™ of 50/100 and a GF Value™ of $28.82 (Fairly Valued). The stock has 3 warning signs investors should review. Among 774 Capital Markets companies, Flow Traders ranks better than 56.2% on this metric.
Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Flow Traders's Pre-Tax Income for the
six
months ended in Dec. 2025 was $66.5 Mil. Flow Traders's Revenue for the
six
months ended in Dec. 2025 was $307.0 Mil. Therefore, Flow Traders's pretax margin for the quarter that ended in Dec. 2025 was 21.67%.
The historical rank and industry rank for Flow Traders's Pretax Margin % or its related term are showing as below:
FLTLF'
s Pretax Margin % Range Over the Past 10 Years
Min: 11.43 Med: 29.82 Max: 55.36
Current: 26.35
FLTLF's Pretax Margin % is ranked better than 56.2% of 774
companies
in the Capital Markets industry
Industry Median: 20.32
vs FLTLF: 26.35
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.
Flow Traders Pretax Margin % Related Terms
Flow Traders Pretax Margin % Historical Data
* Premium members only.
The historical data trend for Flow Traders'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.
For the Capital Markets subindustry, Flow Traders'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.
Flow Traders Pretax Margin % vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Flow Traders's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Flow Traders'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.
Flow Traders (FLTLF) has a Pretax Margin % of 21.67% as of Dec. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Flow Traders and its competitors. This is 27% below median its historical median of 29.82. Over the past decade, Flow Traders' Pretax Margin % has ranged from 11.43 to 55.36. According to the industry distribution chart, Flow Traders ranks #339 out of 774 companies in the Capital Markets industry, placing it in the top 43.8%.
Is Flow Traders' Pretax Margin % too high?
Flow Traders' current Pretax Margin % of 21.67% is 27% below median its 10-year median of 29.82. Over the past 10 years, this metric has ranged from a low of 11.43 to a high of 55.36. The Capital Markets industry median Pretax Margin % is 20.32. Flow Traders' value of 21.67% is 6.6% above this industry median. Based on the distribution chart, Flow Traders ranks #339 out of 774 companies in the Capital Markets industry, which is above the industry midpoint. Overall, Flow Traders has a GF Score™ of 50/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Flow Traders' Pretax Margin % compare to MS and GS?
According to the Capital Markets industry distribution chart, Flow Traders ranks #339 out of 774 companies for Pretax Margin %. This puts Flow Traders in the upper half of its industry. The industry median Pretax Margin % is 20.32. Flow Traders' value of 21.67% is 6.6% above this benchmark. Historically, Flow Traders' own Pretax Margin % has ranged from 11.43 to 55.36 over the past decade. While the company's 10-year median is 29.82 vs. the industry median of 20.32, Flow Traders 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 Capital Markets company?
The median Pretax Margin % among Capital Markets companies is 20.32, based on 774 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. Flow Traders's current Pretax Margin % of 21.67% is 6.6% 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 Flow Traders and its competitors. For the Capital Markets industry, the median Pretax Margin % is 20.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Flow Traders's current Pretax Margin % is 21.67%, which is 27% below median its own 10-year median of 29.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Flow Traders stock overvalued right now?
Based on GuruFocus' analysis, Flow Traders (FLTLF) is currently considered Fairly Valued. The stock's GF Value™ is $28.82, compared to a current price of $29.45 — trading 2.2% above its estimated fair value. The current Pretax Margin % is 21.67%, which is 27% below median its 10-year median of 29.82 and 6.6% above the Capital Markets industry median of 20.32. Flow Traders' overall GF Score™ is 50/100 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 Flow Traders (FLTLF), the current Pretax Margin % is 21.67% 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 Flow Traders (FLTLF) Overvalued in 2026?
Based on GuruFocus' analysis, Flow Traders stock appears to be overvalued.
The current stock price of $29.45 is trading 2.2% above its estimated GF Value™ of $28.82.
GuruFocus considers Flow Traders to be Fairly Valued.
Key valuation signals for FLTLF:
Pretax Margin %: 21.67% (27% below median its 10-year median of 29.82)
GF Value™: $28.82 vs. price of $29.45 (2.2% above fair value)
Industry Position: 6.6% above the Capital Markets median (#339 of 774)
No single metric tells the full story. See the FLTLF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Flow Traders Ltd is a financial technology company operating in the financial markets, using its proprietary technology platform to provide liquidity by quoting bid and ask prices in financial products. It ensures the provision of liquidity to support the uninterrupted functioning of financial markets. The company's core trading focus is on exchange-traded products (ETPs), enabling investors to buy and sell ETPs by quoting bid and ask prices under virtually all market circumstances and also has expanded into fixed income, commodities, digital assets, and foreign exchange. The company's reportable segments are; Europe which generates key revenue, the Americas, and Asia.
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