Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Air Water's Pre-Tax Income for the
three
months ended in Sep. 2025 was €-197 Mil. Air Water's Revenue for the
three
months ended in Sep. 2025 was €1,503 Mil. Therefore, Air Water's pretax margin for the quarter that ended in Sep. 2025 was -13.12%.
The historical rank and industry rank for Air Water's Pretax Margin % or its related term are showing as below:
FRA:0AW'
s Pretax Margin % Range Over the Past 10 Years
Min: 2.72 Med: 6.12 Max: 7.23
Current: 2.72
FRA:0AW's Pretax Margin % is ranked worse than 63.23% of 1580
companies
in the Chemicals industry
Industry Median: 5.325
vs FRA:0AW: 2.72
Air Water (FRA:0AW) 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.
Air Water Pretax Margin % Related Terms
Air Water Pretax Margin % Historical Data
* Premium members only.
The historical data trend for Air Water'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.
FRA:0AW vs LIN, SHW, ECL: Pretax Margin % Comparison
For the Specialty Chemicals subindustry, Air Water'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.
Air Water Pretax Margin % vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Air Water's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Air Water'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.
Air Water (FRA:0AW) has a Pretax Margin % of -13.12% as of Sep. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Air Water and its competitors. Over the past decade, Air Water's Pretax Margin % has ranged from 2.72 to 7.23. According to the industry distribution chart, Air Water ranks #999 out of 1580 companies in the Chemicals industry, placing it in the top 63.2%.
Is Air Water's Pretax Margin % too high?
Air Water's current Pretax Margin % is -13.12%. Over the past 10 years, this metric has ranged from a low of 2.72 to a high of 7.23. Based on the distribution chart, Air Water ranks #999 out of 1580 companies in the Chemicals industry, which is below the industry midpoint. Overall, Air Water has a GF Score™ of 86/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Air Water's Pretax Margin % compare to LIN and SHW?
According to the Chemicals industry distribution chart, Air Water ranks #999 out of 1580 companies for Pretax Margin %. This places Air Water in the lower half of its industry. The industry median Pretax Margin % is 5.33. Historically, Air Water's own Pretax Margin % has ranged from 2.72 to 7.23 over the past decade. 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 Chemicals company?
The median Pretax Margin % among Chemicals companies is 5.33, 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. 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 Air Water and its competitors. For the Chemicals industry, the median Pretax Margin % is 5.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Air Water's current Pretax Margin % is -13.12%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Air Water stock overvalued right now?
Based on GuruFocus' analysis, Air Water (FRA:0AW) is currently considered Modestly Overvalued. The stock's GF Value™ is €11.77, compared to a current price of €14.80 — trading 25.7% above its estimated fair value. The current Pretax Margin % is -13.12%. Air Water's overall GF Score™ is 86/100 with 14 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 Air Water (FRA:0AW), the current Pretax Margin % is -13.12% as of Sep. 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 Air Water (FRA:0AW) Overvalued in 2026?
Based on GuruFocus' analysis, Air Water stock appears to be overvalued.
The current stock price of €14.80 is trading 25.7% above its estimated GF Value™ of €11.77.
GuruFocus considers Air Water to be Modestly Overvalued.
Key valuation signals for FRA:0AW:
Pretax Margin %: -13.12%
GF Value™: €11.77 vs. price of €14.80 (25.7% above fair value)
No single metric tells the full story. See the FRA:0AW stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Air Water Inc is a diversified conglomerate engaged in the supply of industrial gases and various other businesses and services. The company operates through five segments. The Agri & Foods segment covers the processing and distribution of fruits and vegetables, frozen foods, meat products, and contract manufacturing of beverages. The Digital & Industry segment focuses on industrial gases, electrical, and functional materials. The Energy Solutions segment deals with LP gas, kerosene, and related equipment. The Health & Safety segment provides medical gases, dental and protective materials, hospital equipment, and home medical care services. The Other Businesses segment includes logistics, salt production, overseas industrial gas operations, biomass power, and high-output UPS solutions.
86GF Score
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