AIR GlobalFRA:J1B +1.98%21 Pretax Margin % is 13.22% as of Dec. 2025, which is at its 10-year median of 13.22. GuruFocus rates FRA:J1B with a GF Score™ of 21/100. The stock has 2 warning signs investors should review. Among 48 Tobacco Products companies, AIR Global ranks better than 56.25% on this metric.
Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. AIR Global's Pre-Tax Income for the
six
months ended in Dec. 2025 was €45.1 Mil. AIR Global's Revenue for the
six
months ended in Dec. 2025 was €341.4 Mil. Therefore, AIR Global's pretax margin for the quarter that ended in Dec. 2025 was 13.22%.
The historical rank and industry rank for AIR Global's Pretax Margin % or its related term are showing as below:
FRA:J1B'
s Pretax Margin % Range Over the Past 10 Years
Min: 7.57 Med: 13.22 Max: 15.14
Current: 13.22
FRA:J1B's Pretax Margin % is ranked better than 56.25% of 48
companies
in the Tobacco Products industry
Industry Median: 9.615
vs FRA:J1B: 13.22
AIR Global (FRA:J1B) 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 Global Pretax Margin % Related Terms
AIR Global Pretax Margin % Historical Data
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The historical data trend for AIR Global'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.
AIR Global Pretax Margin % Chart
AIR Global Annual Data
Trend
Dec23
Dec24
Dec25
Pretax Margin %
7.57
15.14
13.22
AIR Global Semi-Annual Data
Dec23
Dec24
Dec25
Pretax Margin %
7.57
15.14
13.22
FRA:J1B vs UVV, TPB, ISPR: Pretax Margin % Comparison
For the Tobacco subindustry, AIR Global'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 Global Pretax Margin % vs Tobacco Products Industry
For the Tobacco Products industry and Consumer Defensive sector, AIR Global's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where AIR Global'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 Global (FRA:J1B) has a Pretax Margin % of 13.22% as of Dec. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on AIR Global and its competitors. This is near median its historical median of 13.22. Over the past decade, AIR Global's Pretax Margin % has ranged from 7.57 to 15.14. According to the industry distribution chart, AIR Global ranks #21 out of 48 companies in the Tobacco Products industry, placing it in the top 43.7%.
Is AIR Global's Pretax Margin % too high?
AIR Global's current Pretax Margin % of 13.22% is near median its 10-year median of 13.22. Over the past 10 years, this metric has ranged from a low of 7.57 to a high of 15.14. The Tobacco Products industry median Pretax Margin % is 9.62. AIR Global's value of 13.22% is 37.5% above this industry median. Based on the distribution chart, AIR Global ranks #21 out of 48 companies in the Tobacco Products industry, which is above the industry midpoint. Overall, AIR Global has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does AIR Global's Pretax Margin % compare to UVV and TPB?
According to the Tobacco Products industry distribution chart, AIR Global ranks #21 out of 48 companies for Pretax Margin %. This puts AIR Global in the upper half of its industry. The industry median Pretax Margin % is 9.62. AIR Global's value of 13.22% is 37.5% above this benchmark. Historically, AIR Global's own Pretax Margin % has ranged from 7.57 to 15.14 over the past decade. While the company's 10-year median is 13.22 vs. the industry median of 9.62, AIR Global 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 Tobacco Products company?
The median Pretax Margin % among Tobacco Products companies is 9.62, based on 48 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. AIR Global's current Pretax Margin % of 13.22% is 37.5% 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 AIR Global and its competitors. For the Tobacco Products industry, the median Pretax Margin % is 9.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AIR Global's current Pretax Margin % is 13.22%, which is near median its own 10-year median of 13.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AIR Global stock overvalued right now?
AIR Global (FRA:J1B) has a current Pretax Margin % of 13.22%. The current Pretax Margin % is 13.22%, which is near median its 10-year median of 13.22 and 37.5% above the Tobacco Products industry median of 9.62. AIR Global's overall GF Score™ is 21/100 with 2 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 Global (FRA:J1B), the current Pretax Margin % is 13.22% 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.
AIR Global PLC operates in the social inhalation products sector and has operations across multiple international markets. Its portfolio includes businesses and products related to shisha and hookah, including flavored shisha molasses, hookah and shisha e-commerce platforms, and charcoal-free shisha devices. The company also conducts product research and testing in partnership with independent laboratories to support the development of inhalation-related products and technologies.
21GF Score
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