JBG SMITH Properties (FRA:JBG) Pretax Margin %: -18.06% (As of Mar. 2026)

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FRA:JBG JBG SMITH Properties FRA:JBG
62 GF Score
Price €12.60
GF Value €18.25
! 7 Warning Signs
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What is JBG SMITH Properties Pretax Margin %?

JBG SMITH Properties FRA:JBG +4.13% 62 Pretax Margin % is -18.06% as of Mar. 2026. GuruFocus rates FRA:JBG with a GF Score™ of 62/100 and a GF Value™ of €18.25. The stock has 7 warning signs investors should review. Among 929 REITs companies, JBG SMITH Properties ranks worse than 90.2% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. JBG SMITH Properties's Pre-Tax Income for the three months ended in Mar. 2026 was €-19.9 Mil. JBG SMITH Properties's Revenue for the three months ended in Mar. 2026 was €110.4 Mil. Therefore, JBG SMITH Properties's pretax margin for the quarter that ended in Mar. 2026 was -18.06%.

The historical rank and industry rank for JBG SMITH Properties's Pretax Margin % or its related term are showing as below:

FRA:JBG' s Pretax Margin % Range Over the Past 10 Years
Min: -34.47   Med: -12.73   Max: 16.55
Current: -27.9


FRA:JBG's Pretax Margin % is ranked worse than
90.2% of 929 companies
in the REITs industry
Industry Median: 46.93 vs FRA:JBG: -27.90

JBG SMITH Properties  (FRA:JBG) 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.


JBG SMITH Properties Pretax Margin % Related Terms


JBG SMITH Properties Pretax Margin % Historical Data

* Premium members only.

The historical data trend for JBG SMITH Properties'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.

JBG SMITH Properties Pretax Margin % Chart

JBG SMITH Properties Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -13.59 16.55 -15.23 -32.34 -34.47

JBG SMITH Properties Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -44.66 -18.39 -27.52 -47.54 -18.06

FRA:JBG vs ESRT, CTO, GOOD: Pretax Margin % Comparison

For the REIT - Diversified subindustry, JBG SMITH Properties'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.


JBG SMITH Properties Pretax Margin % vs REITs Industry

For the REITs industry and Real Estate sector, JBG SMITH Properties's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where JBG SMITH Properties's Pretax Margin % falls into.


FRA:JBG
62GF Score
JBG SMITH Properties FRA:JBG
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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JBG SMITH Properties Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

JBG SMITH Properties's Pretax Margin for the fiscal year that ended in Dec. 2025 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=-146.795/425.803
=-34.47 %

JBG SMITH Properties's Pretax Margin for the quarter that ended in Mar. 2026 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=-19.93/110.376
=-18.06 %

* 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.

Frequently Asked Questions Learn more about Pretax Margin % →
What does a Pretax Margin % of -18.06% mean?
JBG SMITH Properties (FRA:JBG) has a Pretax Margin % of -18.06% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on JBG SMITH Properties and its competitors. According to the industry distribution chart, JBG SMITH Properties ranks #838 out of 929 companies in the REITs industry, placing it in the top 90.2%.
Is JBG SMITH Properties' Pretax Margin % too high?
JBG SMITH Properties' current Pretax Margin % is -18.06%. Based on the distribution chart, JBG SMITH Properties ranks #838 out of 929 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, JBG SMITH Properties has a GF Score™ of 62/100, reflecting its overall financial health beyond just this single metric.
How does JBG SMITH Properties' Pretax Margin % compare to ESRT and CTO?
According to the REITs industry distribution chart, JBG SMITH Properties ranks #838 out of 929 companies for Pretax Margin %. This places JBG SMITH Properties in the lower half of its industry. The industry median Pretax Margin % is 46.93. 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 REITs company?
The median Pretax Margin % among REITs companies is 46.93, based on 929 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 JBG SMITH Properties and its competitors. For the REITs industry, the median Pretax Margin % is 46.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. JBG SMITH Properties's current Pretax Margin % is -18.06%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JBG SMITH Properties stock overvalued right now?
JBG SMITH Properties (FRA:JBG) has a current Pretax Margin % of -18.06%. The stock's GF Value™ is €18.25, compared to a current price of €12.60 — trading 31% below its estimated fair value. The current Pretax Margin % is -18.06%. JBG SMITH Properties' overall GF Score™ is 62/100 with 7 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 JBG SMITH Properties (FRA:JBG), the current Pretax Margin % is -18.06% 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 JBG SMITH Properties (FRA:JBG) Overvalued in 2026?

Based on GuruFocus' analysis, JBG SMITH Properties stock appears to be undervalued. The current stock price of €12.60 is trading 31% below its estimated GF Value™ of €18.25.

Key valuation signals for FRA:JBG:

  • Pretax Margin %: -18.06%
  • GF Value™: €18.25 vs. price of €12.60 (31% below fair value)
  • GF Score™: 62/100 with 7 warning signs

No single metric tells the full story. See the FRA:JBG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


JBG SMITH Properties Business Description

Industry Real EstateREITs
Other Exchanges JBGS:USA
Address 4747 Bethesda Avenue, Suite 200, Bethesda, MD, USA, 20814
JBG SMITH Properties is a real estate investment trust based in the United States. It owns, operates, invests in, and develops real estate assets concentrated in amenity-rich, metro-served submarkets in and around Washington, DC. In addition, the company also provides fee-based real estate services to legacy funds through its third-party real estate services business. The operating segments of the company are commercial, multifamily, and third-party real estate services. It generates maximum revenue from the commercial segment.
62GF Score

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Pretax Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€12.60
Price
€18.25
GF Value