Fermi (FRMI) Pretax Margin %: % (As of Mar. 2026)


FRMI Fermi Inc FRMI
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What is Fermi Pretax Margin %?

Fermi FRMI +1.86% 14 Pretax Margin % is % as of Mar. 2026. GuruFocus rates FRMI with a GF Score™ of 14/100. The stock has 1 warning sign investors should review. Among 929 REITs companies, Fermi ranks worse than 107642.52% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Fermi's Pre-Tax Income for the three months ended in Mar. 2026 was $-188.69 Mil. Fermi's Revenue for the three months ended in Mar. 2026 was $0.00 Mil. Therefore, Fermi's pretax margin for the quarter that ended in Mar. 2026 was %.

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


FRMI's Pretax Margin % is not ranked *
in the REITs industry.
Industry Median: 46.7
* Ranked among companies with meaningful Pretax Margin % only.

Fermi  (NAS:FRMI) 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.


Fermi Pretax Margin % Related Terms


Fermi Pretax Margin % Historical Data

* Premium members only.

The historical data trend for Fermi'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.

Fermi Pretax Margin % Chart

Fermi Annual Data
Trend Dec25
Pretax Margin %
0.00

Fermi Quarterly Data
Mar25 Jun25 Sep25 Dec25 Mar26
Pretax Margin % 0.00 0.00 0.00 0.00 0.00

FRMI vs OUT, RYN, EPR: Pretax Margin % Comparison

For the REIT - Specialty subindustry, Fermi'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.


Fermi Pretax Margin % vs REITs Industry

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

* The bar in red indicates where Fermi's Pretax Margin % falls into.


FRMI
14GF Score
Fermi Inc FRMI
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Fermi 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.

Fermi'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 )
=-486.379/0
= %

Fermi'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 )
=-188.693/0
= %

* 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 % mean?
Fermi (FRMI) has a Pretax Margin % of % as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Fermi and its competitors. According to the industry distribution chart, Fermi ranks #999999 out of 929 companies in the REITs industry.
Is Fermi's Pretax Margin % too high?
Fermi's current Pretax Margin % is %. Based on the distribution chart, Fermi ranks #999999 out of 929 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Fermi has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does Fermi's Pretax Margin % compare to OUT and RYN?
According to the REITs industry distribution chart, Fermi ranks #999999 out of 929 companies for Pretax Margin %. This places Fermi in the lower half of its industry. The industry median Pretax Margin % is 46.70. 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 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 Fermi 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. Fermi's current Pretax Margin % is %. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fermi stock overvalued right now?
Fermi (FRMI) has a current Pretax Margin % of %. The current Pretax Margin % is %. Fermi's overall GF Score™ is 14/100 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 Fermi (FRMI), the current Pretax Margin % is % 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.

Fermi Business Description

Industry Real EstateREITs
Other Exchanges FRMI:UKH3V:Germany
Address 620 South Taylor Street, Suite 301, Amarillo, TX, USA, 79101
Fermi Inc building a private power campus for AI-centric customers, developing and leasing large-scale, grid-independent energy generation and high-performance computing facilities purpose-built for the hyperscale era. The company is also developing a private energy and site infrastructure platform across the campus to support multiple powered shell buildings and a diversified, integrated power supply, including private power generation and delivery infrastructure, substations, internal distribution networks, water and cooling systems, and other essential infrastructure. In addition to powered shell facilities, it may offer long-term ground leases to tenants that elect to construct their own powered shell facilities on land, with or without integrated power delivery.
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Pretax Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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