Sirius XM HoldingsFRA:3HY +2.70%71 Pretax Margin % is 15.59% as of Mar. 2026, which is 2% below its 10-year median of 15.94. GuruFocus rates FRA:3HY with a GF Score™ of 71/100 and a GF Value™ of €22.98 (Modestly Overvalued). The stock has 11 warning signs investors should review. Among 1,011 Media - Diversified companies, Sirius XM Holdings ranks better than 81.11% on this metric.
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.
Sirius XM Holdings Pretax Margin % Related Terms
Sirius XM Holdings Pretax Margin % Historical Data
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The historical data trend for Sirius XM Holdings'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:3HY vs MSGS, LLYVA, PSKY: Pretax Margin % Comparison
For the Entertainment subindustry, Sirius XM Holdings'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.
Sirius XM Holdings Pretax Margin % vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Sirius XM Holdings's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Sirius XM Holdings'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.
Sirius XM Holdings (FRA:3HY) has a Pretax Margin % of 15.59% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Sirius XM Holdings and its competitors. This is near median its historical median of 15.94. According to the industry distribution chart, Sirius XM Holdings ranks #191 out of 1011 companies in the Media - Diversified industry, placing it in the top 18.9%.
Is Sirius XM Holdings' Pretax Margin % too high?
Sirius XM Holdings' current Pretax Margin % of 15.59% is near median its 10-year median of 15.94. The Media - Diversified industry median Pretax Margin % is 1.91. Sirius XM Holdings' value of 15.59% is 716.2% above this industry median. Based on the distribution chart, Sirius XM Holdings ranks #191 out of 1011 companies in the Media - Diversified industry, which is in the top quartile — a strong position relative to peers. Overall, Sirius XM Holdings has a GF Score™ of 71/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sirius XM Holdings' Pretax Margin % compare to MSGS and LLYVA?
According to the Media - Diversified industry distribution chart, Sirius XM Holdings ranks #191 out of 1011 companies for Pretax Margin %. This places Sirius XM Holdings in the top 19% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 1.91. Sirius XM Holdings' value of 15.59% is 716.2% above this benchmark. While the company's 10-year median is 15.94 vs. the industry median of 1.91, Sirius XM Holdings 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 Media - Diversified company?
The median Pretax Margin % among Media - Diversified companies is 1.91, based on 1,011 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. Sirius XM Holdings's current Pretax Margin % of 15.59% is 716.2% 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 Sirius XM Holdings and its competitors. For the Media - Diversified industry, the median Pretax Margin % is 1.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sirius XM Holdings's current Pretax Margin % is 15.59%, which is near median its own 10-year median of 15.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sirius XM Holdings stock overvalued right now?
Based on GuruFocus' analysis, Sirius XM Holdings (FRA:3HY) is currently considered Modestly Overvalued. The stock's GF Value™ is €22.98, compared to a current price of €26.60 — trading 15.8% above its estimated fair value. The current Pretax Margin % is 15.59%, which is near median its 10-year median of 15.94 and 716.2% above the Media - Diversified industry median of 1.91. Sirius XM Holdings' overall GF Score™ is 71/100 with 11 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 Sirius XM Holdings (FRA:3HY), the current Pretax Margin % is 15.59% 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 Sirius XM Holdings (FRA:3HY) Overvalued in 2026?
Based on GuruFocus' analysis, Sirius XM Holdings stock appears to be overvalued.
The current stock price of €26.60 is trading 15.8% above its estimated GF Value™ of €22.98.
GuruFocus considers Sirius XM Holdings to be Modestly Overvalued.
Key valuation signals for FRA:3HY:
Pretax Margin %: 15.59% (near median its 10-year median of 15.94)
GF Value™: €22.98 vs. price of €26.60 (15.8% above fair value)
Industry Position: 716.2% above the Media - Diversified median (#191 of 1011)
No single metric tells the full story. See the FRA:3HY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sirius XM operates almost exclusively in the US through its SiriusXM and Pandora audio services. SiriusXM is primarily a satellite radio service that offers nationwide coverage and mostly ad-free listening, with proprietary channels and exclusive content. It makes agreements with automakers to install its radios in vehicles and give trial services to vehicle buyers, which have traditionally fed its subscriber base. The company provides the service via a fleet of geostationary satellites it owns and operates and now offers a streaming SiriusXM option. Pandora, which accounts for a much smaller portion of revenue and profit, offers a subscription and ad-supported streaming music service that competes with industry giants such as Spotify, Apple Music, and YouTube Music.
71GF Score
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