ACRES Commercial Realty (FRA:R9L) Pretax Margin %: 35.58% (As of Mar. 2026) — 18% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:R9L ACRES Commercial Realty Corp FRA:R9L
51 GF Score
Price €14.30
GF Value €14.41
Valuation Fairly Valued
! 1 Warning Sign
View Full Analysis

What is ACRES Commercial Realty Pretax Margin %?

ACRES Commercial Realty FRA:R9L +2.14% 51 Pretax Margin % is 35.58% as of Mar. 2026, which is 18% below its 10-year median of 43.39. GuruFocus rates FRA:R9L with a GF Score™ of 51/100 and a GF Value™ of €14.41 (Fairly Valued). The stock has 1 warning sign investors should review. Among 915 REITs companies, ACRES Commercial Realty ranks worse than 60% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. ACRES Commercial Realty's Pre-Tax Income for the three months ended in Mar. 2026 was €6.51 Mil. ACRES Commercial Realty's Revenue for the three months ended in Mar. 2026 was €18.30 Mil. Therefore, ACRES Commercial Realty's pretax margin for the quarter that ended in Mar. 2026 was 35.58%.

The historical rank and industry rank for ACRES Commercial Realty's Pretax Margin % or its related term are showing as below:

FRA:R9L' s Pretax Margin % Range Over the Past 10 Years
Min: -0.8   Med: 43.39   Max: 137.78
Current: 37.67


FRA:R9L's Pretax Margin % is ranked worse than
60% of 915 companies
in the REITs industry
Industry Median: 47.34 vs FRA:R9L: 37.67

ACRES Commercial Realty  (FRA:R9L) 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.


ACRES Commercial Realty Pretax Margin % Related Terms


ACRES Commercial Realty Pretax Margin % Historical Data

* Premium members only.

The historical data trend for ACRES Commercial Realty'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.

ACRES Commercial Realty Pretax Margin % Chart

ACRES Commercial Realty 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 66.58 13.97 23.89 28.93 30.44

ACRES Commercial Realty 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 -3.85 19.80 52.80 33.22 35.58

FRA:R9L vs SUNS, RPT, CHMI: Pretax Margin % Comparison

For the REIT - Mortgage subindustry, ACRES Commercial Realty'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.


ACRES Commercial Realty Pretax Margin % vs REITs Industry

For the REITs industry and Real Estate sector, ACRES Commercial Realty's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where ACRES Commercial Realty's Pretax Margin % falls into.


FRA:R9L
51GF Score
ACRES Commercial Realty Corp FRA:R9L
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ACRES Commercial Realty 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.

ACRES Commercial Realty'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 )
=23.821/78.243
=30.44 %

ACRES Commercial Realty'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 )
=6.513/18.303
=35.58 %

* 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 35.58% mean?
ACRES Commercial Realty (FRA:R9L) has a Pretax Margin % of 35.58% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on ACRES Commercial Realty and its competitors. This is 18% below median its historical median of 43.39. According to the industry distribution chart, ACRES Commercial Realty ranks #549 out of 915 companies in the REITs industry, placing it in the top 60%.
Is ACRES Commercial Realty's Pretax Margin % too high?
ACRES Commercial Realty's current Pretax Margin % of 35.58% is 18% below median its 10-year median of 43.39. The REITs industry median Pretax Margin % is 47.34. ACRES Commercial Realty's value of 35.58% is 24.8% below this industry median. Based on the distribution chart, ACRES Commercial Realty ranks #549 out of 915 companies in the REITs industry, which is below the industry midpoint. Overall, ACRES Commercial Realty has a GF Score™ of 51/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does ACRES Commercial Realty's Pretax Margin % compare to SUNS and RPT?
According to the REITs industry distribution chart, ACRES Commercial Realty ranks #549 out of 915 companies for Pretax Margin %. This places ACRES Commercial Realty in the lower half of its industry. The industry median Pretax Margin % is 47.34. ACRES Commercial Realty's value of 35.58% is 24.8% below this benchmark. While the company's 10-year median is 43.39 vs. the industry median of 47.34, ACRES Commercial Realty has consistently been below 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 REITs company?
The median Pretax Margin % among REITs companies is 47.34, based on 915 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. ACRES Commercial Realty's current Pretax Margin % of 35.58% is 24.8% below 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 ACRES Commercial Realty and its competitors. For the REITs industry, the median Pretax Margin % is 47.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ACRES Commercial Realty's current Pretax Margin % is 35.58%, which is 18% below median its own 10-year median of 43.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ACRES Commercial Realty stock overvalued right now?
Based on GuruFocus' analysis, ACRES Commercial Realty (FRA:R9L) is currently considered Fairly Valued. The stock's GF Value™ is €14.41, compared to a current price of €14.30 — trading 0.8% below its estimated fair value. The current Pretax Margin % is 35.58%, which is 18% below median its 10-year median of 43.39 and 24.8% below the REITs industry median of 47.34. ACRES Commercial Realty's overall GF Score™ is 51/100 with 1 warning sign 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 ACRES Commercial Realty (FRA:R9L), the current Pretax Margin % is 35.58% 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 ACRES Commercial Realty (FRA:R9L) Overvalued in 2026?

Based on GuruFocus' analysis, ACRES Commercial Realty stock appears to be undervalued. The current stock price of €14.30 is trading 0.8% below its estimated GF Value™ of €14.41. GuruFocus considers ACRES Commercial Realty to be Fairly Valued.

Key valuation signals for FRA:R9L:

  • Pretax Margin %: 35.58% (18% below median its 10-year median of 43.39)
  • GF Value™: €14.41 vs. price of €14.30 (0.8% below fair value)
  • GF Score™: 51/100 with 1 warning sign
  • Industry Position: 24.8% below the REITs median (#549 of 915)

No single metric tells the full story. See the FRA:R9L stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ACRES Commercial Realty Business Description

Industry Real EstateREITs
Other Exchanges ACRpC.PFD:USAACR:USA
Address 390 RXR Plaza, Uniondale, New York, NY, USA, 11556
ACRES Commercial Realty Corp is a commercial real estate investment trust that focuses on originating, holding, and managing commercial real estate (CRE) mortgage loans and equity investments in commercial real estate properties through direct ownership and joint ventures. The company invests in commercial real-estate-related assets, including whole loans, A notes, B notes, mezzanine loans, and mortgage-related securities, as well as commercial finance assets, which include other asset-backed securities, senior secured corporate loans, equipment leases and notes, trust preferred securities, debt tranches of collateralized debt obligations, and private equity investments mainly issued by financial institutions.
51GF Score

Get the complete analysis for FRA:R9L

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

€14.30
Price
€14.41
GF Value