HENOF (Henkel AG KGaA) Pretax Margin %: 12.17% (As of Dec. 2025) — Near Median


HENOF Henkel AG & Co KGaA HENOF
77 GF Score
Price $74.64
GF Value $83.70
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Henkel AG KGaA Pretax Margin %?

Henkel AG KGaA HENOF 77 Pretax Margin % is 12.17% as of Dec. 2025, which is 6% below its 10-year median of 12.97. GuruFocus rates HENOF with a GF Score™ of 77/100 and a GF Value™ of $83.70 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,952 Consumer Packaged Goods companies, Henkel AG KGaA ranks better than 80.43% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Henkel AG KGaA's Pre-Tax Income for the six months ended in Dec. 2025 was $1,438 Mil. Henkel AG KGaA's Revenue for the six months ended in Dec. 2025 was $11,819 Mil. Therefore, Henkel AG KGaA's pretax margin for the quarter that ended in Dec. 2025 was 12.17%.

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

HENOF' s Pretax Margin % Range Over the Past 10 Years
Min: 7.54   Med: 12.97   Max: 15.33
Current: 13.32


HENOF's Pretax Margin % is ranked better than
80.43% of 1952 companies
in the Consumer Packaged Goods industry
Industry Median: 4.665 vs HENOF: 13.32

Henkel AG KGaA  (OTCPK:HENOF) 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.


Henkel AG KGaA Pretax Margin % Related Terms


Henkel AG KGaA Pretax Margin % Historical Data

* Premium members only.

The historical data trend for Henkel AG KGaA'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.

Henkel AG KGaA Pretax Margin % Chart

Henkel AG KGaA 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 10.71 7.54 8.78 12.61 13.32

Henkel AG KGaA Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 10.17 13.09 12.14 14.43 12.17

HENOF vs PG, CL, KVUE: Pretax Margin % Comparison

For the Household & Personal Products subindustry, Henkel AG KGaA'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.


Henkel AG KGaA Pretax Margin % vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Henkel AG KGaA's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Henkel AG KGaA's Pretax Margin % falls into.


HENOF
77GF Score
Henkel AG & Co KGaA HENOF
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Henkel AG KGaA 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.

Henkel AG KGaA'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 )
=3195.55/23998.829
=13.32 %

Henkel AG KGaA's Pretax Margin for the quarter that ended in Dec. 2025 is calculated as

Pretax Margin=Pre-Tax Income (Q: Dec. 2025 )/Revenue (Q: Dec. 2025 )
=1437.939/11818.501
=12.17 %

* 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 12.17% mean?
Henkel AG KGaA (HENOF) has a Pretax Margin % of 12.17% as of Dec. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Henkel AG KGaA and its competitors. This is near median its historical median of 12.97. Over the past decade, Henkel AG KGaA's Pretax Margin % has ranged from 7.54 to 15.33. According to the industry distribution chart, Henkel AG KGaA ranks #382 out of 1952 companies in the Consumer Packaged Goods industry, placing it in the top 19.6%.
Is Henkel AG KGaA's Pretax Margin % too high?
Henkel AG KGaA's current Pretax Margin % of 12.17% is near median its 10-year median of 12.97. Over the past 10 years, this metric has ranged from a low of 7.54 to a high of 15.33. The Consumer Packaged Goods industry median Pretax Margin % is 4.67. Henkel AG KGaA's value of 12.17% is 160.9% above this industry median. Based on the distribution chart, Henkel AG KGaA ranks #382 out of 1952 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Henkel AG KGaA has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Henkel AG KGaA's Pretax Margin % compare to PG and CL?
According to the Consumer Packaged Goods industry distribution chart, Henkel AG KGaA ranks #382 out of 1952 companies for Pretax Margin %. This places Henkel AG KGaA in the top 20% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 4.67. Henkel AG KGaA's value of 12.17% is 160.9% above this benchmark. Historically, Henkel AG KGaA's own Pretax Margin % has ranged from 7.54 to 15.33 over the past decade. While the company's 10-year median is 12.97 vs. the industry median of 4.67, Henkel AG KGaA 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 4.67, based on 1,952 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. Henkel AG KGaA's current Pretax Margin % of 12.17% is 160.9% 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 Henkel AG KGaA and its competitors. For the Consumer Packaged Goods industry, the median Pretax Margin % is 4.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Henkel AG KGaA's current Pretax Margin % is 12.17%, which is near median its own 10-year median of 12.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Henkel AG KGaA stock overvalued right now?
Based on GuruFocus' analysis, Henkel AG KGaA (HENOF) is currently considered Modestly Undervalued. The stock's GF Value™ is $83.70, compared to a current price of $74.64 — trading 10.8% below its estimated fair value. The current Pretax Margin % is 12.17%, which is near median its 10-year median of 12.97 and 160.9% above the Consumer Packaged Goods industry median of 4.67. Henkel AG KGaA's overall GF Score™ is 77/100 with 2 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 Henkel AG KGaA (HENOF), the current Pretax Margin % is 12.17% as of Dec. 2025. 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 Henkel AG KGaA (HENOF) Overvalued in 2026?

Based on GuruFocus' analysis, Henkel AG KGaA stock appears to be undervalued. The current stock price of $74.64 is trading 10.8% below its estimated GF Value™ of $83.70. GuruFocus considers Henkel AG KGaA to be Modestly Undervalued.

Key valuation signals for HENOF:

  • Pretax Margin %: 12.17% (near median its 10-year median of 12.97)
  • GF Value™: $83.70 vs. price of $74.64 (10.8% below fair value)
  • GF Score™: 77/100 with 2 warning signs
  • Industry Position: 160.9% above the Consumer Packaged Goods median (#382 of 1952)

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


Henkel AG KGaA Business Description

Address Henkelstrasse 67, Duesseldorf, NW, DEU, 40589
Two distinct customer groups constitute Henkel. The consumer segment (around 47% of consolidated 2025 sales) is laundry and homecare, including the Persil and Purex laundry detergent brands; haircare, including the Schwarzkopf brand; and other brands, including Dial in hand soap. The adhesive technologies segment makes up the remaining 53% of sales. Sales in Europe accounted for 38% of the firm's consolidated total in 2025, while Asia-Pacific and North America accounted for 17% and 26%, respectively.
77GF Score

Get the complete analysis for HENOF

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

$74.64
Price
$83.70
GF Value