Land Securities Group (FRA:LSU2) Pretax Margin %: 55.11% (As of Mar. 2026)


FRA:LSU2 Land Securities Group PLC FRA:LSU2
62 GF Score
Price €7.62
GF Value €7.10
Valuation Fairly Valued
! 6 Warning Signs
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What is Land Securities Group Pretax Margin %?

Land Securities Group FRA:LSU2 +0.73% 62 Pretax Margin % is 55.11% as of Mar. 2026. GuruFocus rates FRA:LSU2 with a GF Score™ of 62/100 and a GF Value™ of €7.10 (Fairly Valued). The stock has 6 warning signs investors should review. Among 927 REITs companies, Land Securities Group ranks worse than 58.04% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Land Securities Group's Pre-Tax Income for the six months ended in Mar. 2026 was €286 Mil. Land Securities Group's Revenue for the six months ended in Mar. 2026 was €519 Mil. Therefore, Land Securities Group's pretax margin for the quarter that ended in Mar. 2026 was 55.11%.

The historical rank and industry rank for Land Securities Group's Pretax Margin % or its related term are showing as below:

FRA:LSU2' s Pretax Margin % Range Over the Past 10 Years
Min: -219.37   Med: -10.72   Max: 128.87
Current: 39.77


FRA:LSU2's Pretax Margin % is ranked worse than
58.04% of 927 companies
in the REITs industry
Industry Median: 46.7 vs FRA:LSU2: 39.77

Land Securities Group  (FRA:LSU2) 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.


Land Securities Group Pretax Margin % Related Terms


Land Securities Group Pretax Margin % Historical Data

* Premium members only.

The historical data trend for Land Securities Group'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.

Land Securities Group Pretax Margin % Chart

Land Securities Group Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 128.87 -78.63 -41.38 47.24 39.77

Land Securities Group Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 -35.92 63.45 33.41 23.33 55.11

FRA:LSU2 vs VICI, WPC: Pretax Margin % Comparison

For the REIT - Diversified subindustry, Land Securities 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.


Land Securities Group Pretax Margin % vs REITs Industry

For the REITs industry and Real Estate sector, Land Securities Group's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Land Securities Group's Pretax Margin % falls into.


FRA:LSU2
62GF Score
Land Securities Group PLC FRA:LSU2
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Land Securities Group 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.

Land Securities Group's Pretax Margin for the fiscal year that ended in Mar. 2026 is calculated as

Pretax Margin=Pre-Tax Income (A: Mar. 2026 )/Revenue (A: Mar. 2026 )
=399.053/1003.4
=39.77 %

Land Securities Group'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 )
=286.027/519
=55.11 %

* 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 55.11% mean?
Land Securities Group (FRA:LSU2) has a Pretax Margin % of 55.11% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Land Securities Group and its competitors. According to the industry distribution chart, Land Securities Group ranks #538 out of 927 companies in the REITs industry, placing it in the top 58%.
Is Land Securities Group's Pretax Margin % too high?
Land Securities Group's current Pretax Margin % is 55.11%. The REITs industry median Pretax Margin % is 46.70. Land Securities Group's value of 55.11% is 18% above this industry median. Based on the distribution chart, Land Securities Group ranks #538 out of 927 companies in the REITs industry, which is below the industry midpoint. Overall, Land Securities Group has a GF Score™ of 62/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Land Securities Group's Pretax Margin % compare to VICI and WPC?
According to the REITs industry distribution chart, Land Securities Group ranks #538 out of 927 companies for Pretax Margin %. This places Land Securities Group in the lower half of its industry. The industry median Pretax Margin % is 46.70. Land Securities Group's value of 55.11% is 18% above this benchmark. 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 46.70, based on 927 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. Land Securities Group's current Pretax Margin % of 55.11% is 18% 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 Land Securities Group and its competitors. For the REITs industry, the median Pretax Margin % is 46.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Land Securities Group's current Pretax Margin % is 55.11%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Land Securities Group stock overvalued right now?
Based on GuruFocus' analysis, Land Securities Group (FRA:LSU2) is currently considered Fairly Valued. The stock's GF Value™ is €7.10, compared to a current price of €7.62 — trading 7.3% above its estimated fair value. The current Pretax Margin % is 55.11% and 18% above the REITs industry median of 46.70. Land Securities Group's overall GF Score™ is 62/100 with 6 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 Land Securities Group (FRA:LSU2), the current Pretax Margin % is 55.11% 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 Land Securities Group (FRA:LSU2) Overvalued in 2026?

Based on GuruFocus' analysis, Land Securities Group stock appears to be overvalued. The current stock price of €7.62 is trading 7.3% above its estimated GF Value™ of €7.10. GuruFocus considers Land Securities Group to be Fairly Valued.

Key valuation signals for FRA:LSU2:

  • Pretax Margin %: 55.11%
  • GF Value™: €7.10 vs. price of €7.62 (7.3% above fair value)
  • GF Score™: 62/100 with 6 warning signs
  • Industry Position: 18% above the REITs median (#538 of 927)

No single metric tells the full story. See the FRA:LSU2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Land Securities Group Business Description

Industry Real EstateREITs
Address 100 Victoria Street, London, GBR, SW1E 5JL
Land Securities Group PLC is a real estate investment trust engaged in buying, selling, developing, and managing commercial property in the United Kingdom. The company's real estate portfolio is made up of office, retail, and leisure spaces in the London and Greater London regions. Office locations in London's West End, offices in the City of London, and shopping centers comprise the majority of the value of Land Securities' total assets. The company derives nearly all of its revenue in the form of rental income from medium- to long-term leases with tenants. Land Securities' overall net rental income is fairly evenly split between revenue from its London office properties and its retail properties in Greater London. It segments as Office-led, Retail-led, Residential-led and Other assets.
62GF Score

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

€7.62
Price
€7.10
GF Value