Interactive Brokers GroupFRA:KY6 -3.46%86 Pretax Margin % is 48.68% as of Mar. 2026, which is 2% below its 10-year median of 49.64. GuruFocus rates FRA:KY6 with a GF Score™ of 86/100 and a GF Value™ of €35.03 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 777 Capital Markets companies, Interactive Brokers Group ranks better than 75.8% on this metric.
The historical rank and industry rank for Interactive Brokers Group's Pretax Margin % or its related term are showing as below:
FRA:KY6'
s Pretax Margin % Range Over the Past 10 Years
Min: 39.41 Med: 49.64 Max: 65.77
Current: 47.4
FRA:KY6's Pretax Margin % is ranked better than 75.8% of 777
companies
in the Capital Markets industry
Industry Median: 20.51
vs FRA:KY6: 47.40
Interactive Brokers Group (FRA:KY6) 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.
Interactive Brokers Group Pretax Margin % Related Terms
Interactive Brokers Group Pretax Margin % Historical Data
* 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:KY6 vs LPLA, TW, CRCL: Pretax Margin % Comparison
For the Capital Markets subindustry, Interactive Brokers Group'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.
Interactive Brokers Group Pretax Margin % vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Interactive Brokers Group's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Interactive Brokers Group'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.
Interactive Brokers Group (FRA:KY6) has a Pretax Margin % of 48.68% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Interactive Brokers Group and its competitors. This is near median its historical median of 49.64. Over the past decade, Interactive Brokers Group's Pretax Margin % has ranged from 39.41 to 65.77. According to the industry distribution chart, Interactive Brokers Group ranks #188 out of 777 companies in the Capital Markets industry, placing it in the top 24.2%.
Is Interactive Brokers Group's Pretax Margin % too high?
Interactive Brokers Group's current Pretax Margin % of 48.68% is near median its 10-year median of 49.64. Over the past 10 years, this metric has ranged from a low of 39.41 to a high of 65.77. The Capital Markets industry median Pretax Margin % is 20.51. Interactive Brokers Group's value of 48.68% is 137.3% above this industry median. Based on the distribution chart, Interactive Brokers Group ranks #188 out of 777 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, Interactive Brokers Group has a GF Score™ of 86/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Interactive Brokers Group's Pretax Margin % compare to LPLA and TW?
According to the Capital Markets industry distribution chart, Interactive Brokers Group ranks #188 out of 777 companies for Pretax Margin %. This places Interactive Brokers Group in the top 24% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 20.51. Interactive Brokers Group's value of 48.68% is 137.3% above this benchmark. Historically, Interactive Brokers Group's own Pretax Margin % has ranged from 39.41 to 65.77 over the past decade. While the company's 10-year median is 49.64 vs. the industry median of 20.51, Interactive Brokers Group 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 Capital Markets company?
The median Pretax Margin % among Capital Markets companies is 20.51, based on 777 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. Interactive Brokers Group's current Pretax Margin % of 48.68% is 137.3% 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 Interactive Brokers Group and its competitors. For the Capital Markets industry, the median Pretax Margin % is 20.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Interactive Brokers Group's current Pretax Margin % is 48.68%, which is near median its own 10-year median of 49.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Interactive Brokers Group stock overvalued right now?
Based on GuruFocus' analysis, Interactive Brokers Group (FRA:KY6) is currently considered Significantly Overvalued. The stock's GF Value™ is €35.03, compared to a current price of €79.49 — trading 126.9% above its estimated fair value. The current Pretax Margin % is 48.68%, which is near median its 10-year median of 49.64 and 137.3% above the Capital Markets industry median of 20.51. Interactive Brokers Group's overall GF Score™ is 86/100 with 9 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 Interactive Brokers Group (FRA:KY6), the current Pretax Margin % is 48.68% 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 Interactive Brokers Group (FRA:KY6) Overvalued in 2026?
Based on GuruFocus' analysis, Interactive Brokers Group stock appears to be overvalued.
The current stock price of €79.49 is trading 126.9% above its estimated GF Value™ of €35.03.
GuruFocus considers Interactive Brokers Group to be Significantly Overvalued.
Key valuation signals for FRA:KY6:
Pretax Margin %: 48.68% (near median its 10-year median of 49.64)
GF Value™: €35.03 vs. price of €79.49 (126.9% above fair value)
Industry Position: 137.3% above the Capital Markets median (#188 of 777)
No single metric tells the full story. See the FRA:KY6 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Interactive Brokers is a large, automated, retail and institutional brokerage that boasted nearly $780 billion in customer equity at the end of 2025. The company cut its teeth as a market maker, introducing US financial markets to automated and algorithmic training before expanding into brokerage services in 1993. The firm has a wide-ranging client base, with its best-in-class order execution and extremely low margin lending rates catering to a sophisticated audience of hedge funds, proprietary traders, and introducing brokers that account for about 45% of the firm's commissions. With operations spanning more than 170 electronic exchanges, 40 countries, and 29 currencies, Interactive Brokers caters to a global clientele, with more than 80% of active accounts sitting outside the US.
86GF Score
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