KTF (DWS Municipalome Trust) Pretax Margin %: 97.93% (As of May. 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

KTF DWS Municipal Income Trust KTF
32 GF Score
Price $8.80
! 4 Warning Signs
View Full Analysis

What is DWS Municipalome Trust Pretax Margin %?

DWS Municipalome Trust KTF -0.90% 32 Pretax Margin % is 97.93% as of May. 2026, which is 1% below its 10-year median of 99.28. GuruFocus rates KTF with a GF Score™ of 32/100. The stock has 4 warning signs investors should review. Among 1,568 Asset Management companies, DWS Municipalome Trust ranks better than 76.02% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. DWS Municipalome Trust's Pre-Tax Income for the six months ended in May. 2026 was $7.01 Mil. DWS Municipalome Trust's Revenue for the six months ended in May. 2026 was $7.15 Mil. Therefore, DWS Municipalome Trust's pretax margin for the quarter that ended in May. 2026 was 97.93%.

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

KTF' s Pretax Margin % Range Over the Past 10 Years
Min: 97.92   Med: 99.28   Max: 111.02
Current: 99.18


KTF's Pretax Margin % is ranked better than
76.02% of 1568 companies
in the Asset Management industry
Industry Median: 90.37 vs KTF: 99.18

DWS Municipalome Trust  (NYSE:KTF) 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.


DWS Municipalome Trust Pretax Margin % Related Terms


DWS Municipalome Trust Pretax Margin % Historical Data

* Premium members only.

The historical data trend for DWS Municipalome Trust'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.

DWS Municipalome Trust Pretax Margin % Chart

DWS Municipalome Trust Annual Data
Trend Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only 98.61 100.36 97.92 98.59 105.28

DWS Municipalome Trust Semi-Annual Data
Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24 May25 Nov25 May26
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 97.87 98.80 100.45 99.51 97.93

KTF vs JGH, AEF, HPF: Pretax Margin % Comparison

For the Asset Management subindustry, DWS Municipalome Trust'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.


DWS Municipalome Trust Pretax Margin % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, DWS Municipalome Trust's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where DWS Municipalome Trust's Pretax Margin % falls into.


KTF
32GF Score
DWS Municipal Income Trust KTF
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

DWS Municipalome Trust 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.

DWS Municipalome Trust's Pretax Margin for the fiscal year that ended in Nov. 2025 is calculated as

Pretax Margin=Pre-Tax Income (A: Nov. 2025 )/Revenue (A: Nov. 2025 )
=-5.705/-5.419
=105.28 %

DWS Municipalome Trust's Pretax Margin for the quarter that ended in May. 2026 is calculated as

Pretax Margin=Pre-Tax Income (Q: May. 2026 )/Revenue (Q: May. 2026 )
=7.005/7.153
=97.93 %

* 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 97.93% mean?
DWS Municipalome Trust (KTF) has a Pretax Margin % of 97.93% as of May. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on DWS Municipalome Trust and its competitors. This is near median its historical median of 99.28. Over the past decade, DWS Municipalome Trust's Pretax Margin % has ranged from 97.92 to 111.02. According to the industry distribution chart, DWS Municipalome Trust ranks #376 out of 1568 companies in the Asset Management industry, placing it in the top 24%.
Is DWS Municipalome Trust's Pretax Margin % too high?
DWS Municipalome Trust's current Pretax Margin % of 97.93% is near median its 10-year median of 99.28. Over the past 10 years, this metric has ranged from a low of 97.92 to a high of 111.02. The Asset Management industry median Pretax Margin % is 90.37. DWS Municipalome Trust's value of 97.93% is 8.4% above this industry median. Based on the distribution chart, DWS Municipalome Trust ranks #376 out of 1568 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, DWS Municipalome Trust has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does DWS Municipalome Trust's Pretax Margin % compare to JGH and AEF?
According to the Asset Management industry distribution chart, DWS Municipalome Trust ranks #376 out of 1568 companies for Pretax Margin %. This places DWS Municipalome Trust in the top 24% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 90.37. DWS Municipalome Trust's value of 97.93% is 8.4% above this benchmark. Historically, DWS Municipalome Trust's own Pretax Margin % has ranged from 97.92 to 111.02 over the past decade. While the company's 10-year median is 99.28 vs. the industry median of 90.37, DWS Municipalome Trust 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 90.37, based on 1,568 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. DWS Municipalome Trust's current Pretax Margin % of 97.93% is 8.4% 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 DWS Municipalome Trust and its competitors. For the Asset Management industry, the median Pretax Margin % is 90.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DWS Municipalome Trust's current Pretax Margin % is 97.93%, which is near median its own 10-year median of 99.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DWS Municipalome Trust stock overvalued right now?
DWS Municipalome Trust (KTF) has a current Pretax Margin % of 97.93%. The current Pretax Margin % is 97.93%, which is near median its 10-year median of 99.28 and 8.4% above the Asset Management industry median of 90.37. DWS Municipalome Trust's overall GF Score™ is 32/100 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 DWS Municipalome Trust (KTF), the current Pretax Margin % is 97.93% as of May. 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.

DWS Municipalome Trust Business Description

Address 875 Third Avenue, New York, NY, USA, 10022-6225
DWS Municipal Income Trust is a closed-ended fixed income mutual fund launched and managed by Deutsche Investment Management Americas, Inc. The company invests in the fixed income markets of the United States. The fund invests in investment-grade tax-exempt municipal securities which are exempt from federal income tax. The fund benchmarks the performance of its portfolio against the Barclays Municipal Bond Index. The Fund invests in various states, such as Texas, Florida, Pennsylvania, Illinois, and California.
32GF Score

Get the complete analysis for KTF

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

$8.80
Price