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Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Krispy Kreme's Pre-Tax Income for the
three
months ended in Mar. 2026 was €-17 Mil. Krispy Kreme's Revenue for the
three
months ended in Mar. 2026 was €317 Mil. Therefore, Krispy Kreme's pretax margin for the quarter that ended in Mar. 2026 was -5.20%.
The historical rank and industry rank for Krispy Kreme's Pretax Margin % or its related term are showing as below:
FRA:9YM'
s Pretax Margin % Range Over the Past 10 Years
Min: -35.77 Med: -2.23 Max: 1.19
Current: -34.84
FRA:9YM's Pretax Margin % is ranked worse than 96.14% of 311
companies
in the Retail - Defensive industry
Industry Median: 2.99
vs FRA:9YM: -34.84
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.
Krispy Kreme Pretax Margin % Related Terms
Krispy Kreme Pretax Margin % Historical Data
* Premium members only.
The historical data trend for Krispy Kreme'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:9YM vs VLGEA, YSWY, NGVC: Pretax Margin % Comparison
For the Grocery Stores subindustry, Krispy Kreme'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.
Krispy Kreme Pretax Margin % vs Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Krispy Kreme's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Krispy Kreme'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.
Krispy Kreme (FRA:9YM) has a Pretax Margin % of -5.20% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Krispy Kreme and its competitors. According to the industry distribution chart, Krispy Kreme ranks #299 out of 311 companies in the Retail - Defensive industry, placing it in the top 96.1%.
Is Krispy Kreme's Pretax Margin % too high?
Krispy Kreme's current Pretax Margin % is -5.20%. Based on the distribution chart, Krispy Kreme ranks #299 out of 311 companies in the Retail - Defensive industry, which is in the bottom quartile relative to peers. Overall, Krispy Kreme has a GF Score™ of 55/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Krispy Kreme's Pretax Margin % compare to VLGEA and YSWY?
According to the Retail - Defensive industry distribution chart, Krispy Kreme ranks #299 out of 311 companies for Pretax Margin %. This places Krispy Kreme in the lower half of its industry. The industry median Pretax Margin % is 2.99. 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 Retail - Defensive company?
The median Pretax Margin % among Retail - Defensive companies is 2.99, based on 311 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 Krispy Kreme and its competitors. For the Retail - Defensive industry, the median Pretax Margin % is 2.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Krispy Kreme's current Pretax Margin % is -5.20%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Krispy Kreme stock overvalued right now?
Based on GuruFocus' analysis, Krispy Kreme (FRA:9YM) is currently considered Possible Value Trap. The stock's GF Value™ is €7.59, compared to a current price of €2.95 — trading 61.1% below its estimated fair value. The current Pretax Margin % is -5.20%. Krispy Kreme's overall GF Score™ is 55/100 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 Krispy Kreme (FRA:9YM), the current Pretax Margin % is -5.20% 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 Krispy Kreme (FRA:9YM) Overvalued in 2026?
Based on GuruFocus' analysis, Krispy Kreme stock appears to be undervalued.
The current stock price of €2.95 is trading 61.1% below its estimated GF Value™ of €7.59.
GuruFocus considers Krispy Kreme to be Possible Value Trap.
Key valuation signals for FRA:9YM:
Pretax Margin %: -5.20%
GF Value™: €7.59 vs. price of €2.95 (61.1% below fair value)
No single metric tells the full story. See the FRA:9YM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Krispy Kreme Inc is a sweet-treat brand company. The company's Original Glazed doughnut is recognized for its hot-off-the-line, melt-in-mouth experience. It operates through its network of fresh Doughnut Shops, partnerships with retailers, and a growing e-commerce and delivery business. The company conducts its business through the following three reported segments: U.S., which includes all operations in the United States; International, which includes operations in the U.K., Ireland, Australia, New Zealand, Canada, Japan, and Mexico; and Market Development, which includes franchise operations world-wide. It derives maximum revenue from the U.S. segment.
55GF Score
Get the complete analysis for FRA:9YM
Pretax Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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