FSP (Franklin Street Properties) Pretax Margin %: -36.12% (As of Mar. 2026)


FSP Franklin Street Properties Corp FSP
44 GF Score
Price $0.54
GF Value $1.46
Valuation Possible Value Trap
! 4 Warning Signs
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What is Franklin Street Properties Pretax Margin %?

Franklin Street Properties FSP -1.11% 44 Pretax Margin % is -36.12% as of Mar. 2026. GuruFocus rates FSP with a GF Score™ of 44/100 and a GF Value™ of $1.46 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 927 REITs companies, Franklin Street Properties ranks worse than 91.37% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Franklin Street Properties's Pre-Tax Income for the three months ended in Mar. 2026 was $-9.5 Mil. Franklin Street Properties's Revenue for the three months ended in Mar. 2026 was $26.2 Mil. Therefore, Franklin Street Properties's pretax margin for the quarter that ended in Mar. 2026 was -36.12%.

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

FSP' s Pretax Margin % Range Over the Past 10 Years
Min: -43.72   Med: 1.63   Max: 44.39
Current: -30.92


FSP's Pretax Margin % is ranked worse than
91.37% of 927 companies
in the REITs industry
Industry Median: 46.93 vs FSP: -30.92

Franklin Street Properties  (AMEX:FSP) 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.


Franklin Street Properties Pretax Margin % Related Terms


Franklin Street Properties Pretax Margin % Historical Data

* Premium members only.

The historical data trend for Franklin Street Properties'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.

Franklin Street Properties Pretax Margin % Chart

Franklin Street Properties 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 44.39 0.78 -32.83 -43.72 -41.78

Franklin Street Properties 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 -78.88 -29.17 -30.49 -27.92 -36.12

FSP vs CMCT, ONL, NLOP: Pretax Margin % Comparison

For the REIT - Office subindustry, Franklin Street Properties'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.


Franklin Street Properties Pretax Margin % vs REITs Industry

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

* The bar in red indicates where Franklin Street Properties's Pretax Margin % falls into.


FSP
44GF Score
Franklin Street Properties Corp FSP
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Franklin Street Properties 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.

Franklin Street Properties'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 )
=-44.771/107.162
=-41.78 %

Franklin Street Properties'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 )
=-9.473/26.225
=-36.12 %

* 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 -36.12% mean?
Franklin Street Properties (FSP) has a Pretax Margin % of -36.12% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Franklin Street Properties and its competitors. According to the industry distribution chart, Franklin Street Properties ranks #847 out of 927 companies in the REITs industry, placing it in the top 91.4%.
Is Franklin Street Properties' Pretax Margin % too high?
Franklin Street Properties' current Pretax Margin % is -36.12%. Based on the distribution chart, Franklin Street Properties ranks #847 out of 927 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Franklin Street Properties has a GF Score™ of 44/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Franklin Street Properties' Pretax Margin % compare to CMCT and ONL?
According to the REITs industry distribution chart, Franklin Street Properties ranks #847 out of 927 companies for Pretax Margin %. This places Franklin Street Properties in the lower half of its industry. The industry median Pretax Margin % is 46.93. 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 46.93, 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. 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 Franklin Street Properties and its competitors. For the REITs industry, the median Pretax Margin % is 46.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Franklin Street Properties's current Pretax Margin % is -36.12%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Franklin Street Properties stock overvalued right now?
Based on GuruFocus' analysis, Franklin Street Properties (FSP) is currently considered Possible Value Trap. The stock's GF Value™ is $1.46, compared to a current price of $0.54 — trading 63.3% below its estimated fair value. The current Pretax Margin % is -36.12%. Franklin Street Properties' overall GF Score™ is 44/100 with 4 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 Franklin Street Properties (FSP), the current Pretax Margin % is -36.12% 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 Franklin Street Properties (FSP) Overvalued in 2026?

Based on GuruFocus' analysis, Franklin Street Properties stock appears to be undervalued. The current stock price of $0.54 is trading 63.3% below its estimated GF Value™ of $1.46. GuruFocus considers Franklin Street Properties to be Possible Value Trap.

Key valuation signals for FSP:

  • Pretax Margin %: -36.12%
  • GF Value™: $1.46 vs. price of $0.54 (63.3% below fair value)
  • GF Score™: 44/100 with 4 warning signs

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


Franklin Street Properties Business Description

Industry Real EstateREITs
Other Exchanges WVH:Germany
Address 401 Edgewater Place, Suite 200, Wakefield, MA, USA, 01880
Franklin Street Properties Corp is a real estate investment trust. The company is focused on commercial real estate investments in office markets and currently operate in only one segment: real estate operations. The principal revenue sources for its real estate operations include rental income from real estate leasing, property dispositions and fee income from asset/property management and development. The company provides asset management, property management, property accounting, investor and/or development services to its portfolio and Sponsored REIT through the company's subsidiaries.
44GF Score

Get the complete analysis for FSP

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

$0.54
Price
$1.46
GF Value