Western Asset Highome Fund IIHIX +0.77%31 Pretax Margin % is 99.38% as of Oct. 2025, which is 0% above its 10-year median of 98.94. GuruFocus rates HIX with a GF Score™ of 31/100. The stock has 5 warning signs investors should review. Among 1,580 Asset Management companies, Western Asset Highome Fund II ranks better than 74.05% on this metric.
The historical rank and industry rank for Western Asset Highome Fund II's Pretax Margin % or its related term are showing as below:
HIX'
s Pretax Margin % Range Over the Past 10 Years
Min: 96.23 Med: 98.94 Max: 104.34
Current: 98.8
HIX's Pretax Margin % is ranked better than 74.05% of 1580
companies
in the Asset Management industry
Industry Median: 89.475
vs HIX: 98.80
Western Asset Highome Fund II (NYSE:HIX) 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.
Western Asset Highome Fund II Pretax Margin % Related Terms
Western Asset Highome Fund II Pretax Margin % Historical Data
* 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.
Western Asset Highome Fund II Pretax Margin % Chart
HIX vs SSSS, JGH, ALTI: Pretax Margin % Comparison
For the Asset Management subindustry, Western Asset Highome Fund II'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.
Western Asset Highome Fund II Pretax Margin % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Western Asset Highome Fund II's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Western Asset Highome Fund II'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.
Western Asset Highome Fund II (HIX) has a Pretax Margin % of 99.38% as of Oct. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Western Asset Highome Fund II and its competitors. This is near median its historical median of 98.94. Over the past decade, Western Asset Highome Fund II's Pretax Margin % has ranged from 96.23 to 104.34. According to the industry distribution chart, Western Asset Highome Fund II ranks #410 out of 1580 companies in the Asset Management industry, placing it in the top 25.9%.
Is Western Asset Highome Fund II's Pretax Margin % too high?
Western Asset Highome Fund II's current Pretax Margin % of 99.38% is near median its 10-year median of 98.94. Over the past 10 years, this metric has ranged from a low of 96.23 to a high of 104.34. The Asset Management industry median Pretax Margin % is 89.48. Western Asset Highome Fund II's value of 99.38% is 11.1% above this industry median. Based on the distribution chart, Western Asset Highome Fund II ranks #410 out of 1580 companies in the Asset Management industry, which is above the industry midpoint. Overall, Western Asset Highome Fund II has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does Western Asset Highome Fund II's Pretax Margin % compare to SSSS and JGH?
According to the Asset Management industry distribution chart, Western Asset Highome Fund II ranks #410 out of 1580 companies for Pretax Margin %. This puts Western Asset Highome Fund II in the upper half of its industry. The industry median Pretax Margin % is 89.48. Western Asset Highome Fund II's value of 99.38% is 11.1% above this benchmark. Historically, Western Asset Highome Fund II's own Pretax Margin % has ranged from 96.23 to 104.34 over the past decade. While the company's 10-year median is 98.94 vs. the industry median of 89.48, Western Asset Highome Fund II 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 an Asset Management company?
The median Pretax Margin % among Asset Management companies is 89.48, based on 1,580 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. Western Asset Highome Fund II's current Pretax Margin % of 99.38% is 11.1% 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 Western Asset Highome Fund II and its competitors. For the Asset Management industry, the median Pretax Margin % is 89.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Western Asset Highome Fund II's current Pretax Margin % is 99.38%, which is near median its own 10-year median of 98.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Western Asset Highome Fund II stock overvalued right now?
Western Asset Highome Fund II (HIX) has a current Pretax Margin % of 99.38%. The current Pretax Margin % is 99.38%, which is near median its 10-year median of 98.94 and 11.1% above the Asset Management industry median of 89.48. Western Asset Highome Fund II's overall GF Score™ is 31/100 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 Western Asset Highome Fund II (HIX), the current Pretax Margin % is 99.38% as of Oct. 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.
Western Asset Highome Fund II Business Description
Western Asset High Income Fund II Inc is a diversified closed-end management investment company. Its investment objective is to maximize current income by investing at least 80% of its net assets and borrowings for investment purposes in high-yield debt securities.
31GF Score
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