GLP J-REITGLPJF -5.09%72 Pretax Margin % is 51.69% as of Feb. 2026, which is 6% above its 10-year median of 48.93. GuruFocus rates GLPJF with a GF Score™ of 72/100 and a GF Value™ of $857.36. The stock has 6 warning signs investors should review. Among 931 REITs companies, GLP J-REIT ranks better than 53.6% on this metric.
Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. GLP J-REIT's Pre-Tax Income for the
six
months ended in Feb. 2026 was $96.0 Mil. GLP J-REIT's Revenue for the
six
months ended in Feb. 2026 was $185.8 Mil. Therefore, GLP J-REIT's pretax margin for the quarter that ended in Feb. 2026 was 51.69%.
The historical rank and industry rank for GLP J-REIT's Pretax Margin % or its related term are showing as below:
GLPJF'
s Pretax Margin % Range Over the Past 10 Years
Min: 43.12 Med: 48.93 Max: 52.21
Current: 52.19
GLPJF's Pretax Margin % is ranked better than 53.6% of 931
companies
in the REITs industry
Industry Median: 46.93
vs GLPJF: 52.19
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.
GLP J-REIT Pretax Margin % Related Terms
GLP J-REIT Pretax Margin % Historical Data
* Premium members only.
The historical data trend for GLP J-REIT'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.
GLPJF vs PLD, PSA, EXR: Pretax Margin % Comparison
For the REIT - Industrial subindustry, GLP J-REIT'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.
GLP J-REIT Pretax Margin % vs REITs Industry
For the REITs industry and Real Estate sector, GLP J-REIT's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where GLP J-REIT's Pretax Margin % falls into.
* 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.
GLP J-REIT (GLPJF) has a Pretax Margin % of 51.69% as of Feb. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on GLP J-REIT and its competitors. This is near median its historical median of 48.93. Over the past decade, GLP J-REIT's Pretax Margin % has ranged from 43.12 to 52.21. According to the industry distribution chart, GLP J-REIT ranks #432 out of 931 companies in the REITs industry, placing it in the top 46.4%.
Is GLP J-REIT's Pretax Margin % too high?
GLP J-REIT's current Pretax Margin % of 51.69% is near median its 10-year median of 48.93. Over the past 10 years, this metric has ranged from a low of 43.12 to a high of 52.21. The REITs industry median Pretax Margin % is 46.93. GLP J-REIT's value of 51.69% is 10.1% above this industry median. Based on the distribution chart, GLP J-REIT ranks #432 out of 931 companies in the REITs industry, which is above the industry midpoint. Overall, GLP J-REIT has a GF Score™ of 72/100, reflecting its overall financial health beyond just this single metric.
How does GLP J-REIT's Pretax Margin % compare to PLD and PSA?
According to the REITs industry distribution chart, GLP J-REIT ranks #432 out of 931 companies for Pretax Margin %. This puts GLP J-REIT in the upper half of its industry. The industry median Pretax Margin % is 46.93. GLP J-REIT's value of 51.69% is 10.1% above this benchmark. Historically, GLP J-REIT's own Pretax Margin % has ranged from 43.12 to 52.21 over the past decade. While the company's 10-year median is 48.93 vs. the industry median of 46.93, GLP J-REIT 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 REITs company?
The median Pretax Margin % among REITs companies is 46.93, based on 931 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. GLP J-REIT's current Pretax Margin % of 51.69% is 10.1% 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 GLP J-REIT 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. GLP J-REIT's current Pretax Margin % is 51.69%, which is near median its own 10-year median of 48.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GLP J-REIT stock overvalued right now?
GLP J-REIT (GLPJF) has a current Pretax Margin % of 51.69%. The stock's GF Value™ is $857.36, compared to a current price of $824.70 — trading 3.8% below its estimated fair value. The current Pretax Margin % is 51.69%, which is near median its 10-year median of 48.93 and 10.1% above the REITs industry median of 46.93. GLP J-REIT's overall GF Score™ is 72/100 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 GLP J-REIT (GLPJF), the current Pretax Margin % is 51.69% as of Feb. 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 GLP J-REIT (GLPJF) Overvalued in 2026?
Based on GuruFocus' analysis, GLP J-REIT stock appears to be undervalued.
The current stock price of $824.70 is trading 3.8% below its estimated GF Value™ of $857.36.
Key valuation signals for GLPJF:
Pretax Margin %: 51.69% (near median its 10-year median of 48.93)
GF Value™: $857.36 vs. price of $824.70 (3.8% below fair value)
Industry Position: 10.1% above the REITs median (#432 of 931)
No single metric tells the full story. See the GLPJF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
GLP J-REIT is a Japan-based real estate investment trust. The company invests in logistic facilities and related real estate properties mainly located in Kanto and Kansai regions and other areas. Its properties are classified under Multi-tenant property and build-to-suit property segments. It holds a range of proprieties such as GLP Tokyo, GLP Sugito II, GLP Koshigaya II, GLP Misato II, GLP Amagasaki, GLP Higashi-Ogishima, GLP Akishima, GLP Tomisato, GLP Narashino II, GLP Funabashi, GLP Kazo, GLP Fukaya and others.
72GF Score
Get the complete analysis for GLPJF
Pretax Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
GLPJF has been successfully added to your 
