Fonterra Co-operative Group (FRA:X4I) Pretax Margin %: 7.73% (As of Jan. 2026) — 76% Above Median

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FRA:X4I Fonterra Co-operative Group Ltd FRA:X4I
67 GF Score
Price €2.71
GF Value €1.88
! 5 Warning Signs
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What is Fonterra Co-operative Group Pretax Margin %?

Fonterra Co-operative Group FRA:X4I 67 Pretax Margin % is 7.73% as of Jan. 2026, which is 76% above its 10-year median of 4.40. GuruFocus rates FRA:X4I with a GF Score™ of 67/100 and a GF Value™ of €1.88. The stock has 5 warning signs investors should review. Among 1,953 Consumer Packaged Goods companies, Fonterra Co-operative Group ranks better than 56.02% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Fonterra Co-operative Group's Pre-Tax Income for the six months ended in Jan. 2026 was €480 Mil. Fonterra Co-operative Group's Revenue for the six months ended in Jan. 2026 was €6,206 Mil. Therefore, Fonterra Co-operative Group's pretax margin for the quarter that ended in Jan. 2026 was 7.73%.

The historical rank and industry rank for Fonterra Co-operative Group's Pretax Margin % or its related term are showing as below:

FRA:X4I' s Pretax Margin % Range Over the Past 10 Years
Min: -0.75   Med: 4.4   Max: 6.28
Current: 5.72


FRA:X4I's Pretax Margin % is ranked better than
56.02% of 1953 companies
in the Consumer Packaged Goods industry
Industry Median: 4.66 vs FRA:X4I: 5.72

Fonterra Co-operative Group  (FRA:X4I) 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.


Fonterra Co-operative Group Pretax Margin % Related Terms


Fonterra Co-operative Group Pretax Margin % Historical Data

* Premium members only.

The historical data trend for Fonterra Co-operative 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.

Fonterra Co-operative Group Pretax Margin % Chart

Fonterra Co-operative Group Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.09 3.43 6.28 5.81 5.71

Fonterra Co-operative Group Semi-Annual Data
Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25 Jul25 Jan26
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 8.16 3.02 7.89 3.75 7.73

FRA:X4I vs KHC, GIS, HRL: Pretax Margin % Comparison

For the Packaged Foods subindustry, Fonterra Co-operative 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.


Fonterra Co-operative Group Pretax Margin % vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Fonterra Co-operative Group's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Fonterra Co-operative Group's Pretax Margin % falls into.


FRA:X4I
67GF Score
Fonterra Co-operative Group Ltd FRA:X4I
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Fonterra Co-operative 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.

Fonterra Co-operative Group's Pretax Margin for the fiscal year that ended in Jul. 2025 is calculated as

Pretax Margin=Pre-Tax Income (A: Jul. 2025 )/Revenue (A: Jul. 2025 )
=706.55/12380.543
=5.71 %

Fonterra Co-operative Group's Pretax Margin for the quarter that ended in Jan. 2026 is calculated as

Pretax Margin=Pre-Tax Income (Q: Jan. 2026 )/Revenue (Q: Jan. 2026 )
=479.528/6206.474
=7.73 %

* 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 7.73% mean?
Fonterra Co-operative Group (FRA:X4I) has a Pretax Margin % of 7.73% as of Jan. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Fonterra Co-operative Group and its competitors. This is 76% above median its historical median of 4.40. According to the industry distribution chart, Fonterra Co-operative Group ranks #859 out of 1953 companies in the Consumer Packaged Goods industry, placing it in the top 44%.
Is Fonterra Co-operative Group's Pretax Margin % too high?
Fonterra Co-operative Group's current Pretax Margin % of 7.73% is 76% above median its 10-year median of 4.40. The Consumer Packaged Goods industry median Pretax Margin % is 4.66. Fonterra Co-operative Group's value of 7.73% is 65.9% above this industry median. Based on the distribution chart, Fonterra Co-operative Group ranks #859 out of 1953 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Fonterra Co-operative Group has a GF Score™ of 67/100, reflecting its overall financial health beyond just this single metric.
How does Fonterra Co-operative Group's Pretax Margin % compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Fonterra Co-operative Group ranks #859 out of 1953 companies for Pretax Margin %. This puts Fonterra Co-operative Group in the upper half of its industry. The industry median Pretax Margin % is 4.66. Fonterra Co-operative Group's value of 7.73% is 65.9% above this benchmark. While the company's 10-year median is 4.40 vs. the industry median of 4.66, Fonterra Co-operative 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 Consumer Packaged Goods company?
The median Pretax Margin % among Consumer Packaged Goods companies is 4.66, based on 1,953 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. Fonterra Co-operative Group's current Pretax Margin % of 7.73% is 65.9% 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 Fonterra Co-operative Group and its competitors. For the Consumer Packaged Goods industry, the median Pretax Margin % is 4.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fonterra Co-operative Group's current Pretax Margin % is 7.73%, which is 76% above median its own 10-year median of 4.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fonterra Co-operative Group stock overvalued right now?
Fonterra Co-operative Group (FRA:X4I) has a current Pretax Margin % of 7.73%. The stock's GF Value™ is €1.88, compared to a current price of €2.71 — trading 43.9% above its estimated fair value. The current Pretax Margin % is 7.73%, which is 76% above median its 10-year median of 4.40 and 65.9% above the Consumer Packaged Goods industry median of 4.66. Fonterra Co-operative Group's overall GF Score™ is 67/100 with 5 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 Fonterra Co-operative Group (FRA:X4I), the current Pretax Margin % is 7.73% as of Jan. 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 Fonterra Co-operative Group (FRA:X4I) Overvalued in 2026?

Based on GuruFocus' analysis, Fonterra Co-operative Group stock appears to be overvalued. The current stock price of €2.71 is trading 43.9% above its estimated GF Value™ of €1.88.

Key valuation signals for FRA:X4I:

  • Pretax Margin %: 7.73% (76% above median its 10-year median of 4.40)
  • GF Value™: €1.88 vs. price of €2.71 (43.9% above fair value)
  • GF Score™: 67/100 with 5 warning signs
  • Industry Position: 65.9% above the Consumer Packaged Goods median (#859 of 1953)

No single metric tells the full story. See the FRA:X4I stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fonterra Co-operative Group Business Description

Other Exchanges FCG:New Zealand
Address 109 Fanshawe Street, Auckland Central, Auckland, NTL, NZL, 1010
Fonterra Co-operative Group Ltd operates predominantly in the international dairy industry. The company is involved in the collection, manufacture, and sale of milk and milk-derived products through its ingredients, Consumer and Foodservice channels. The company's reportable segments are Global Markets, Greater China, and Core Operations and the majority of the revenue is generated from its core operations segment. Its primary geographic markets is Asia, China, Australia, New Zealand, the United States, and the Rest of the world.
67GF Score

Get the complete analysis for FRA:X4I

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

€2.71
Price
€1.88
GF Value