Kioxia HoldingsKXIAY -12.76%18 Pretax Margin % is 233.50% as of Mar. 2026, which is 63008% above its 10-year median of 0.37. GuruFocus rates KXIAY with a GF Score™ of 18/100. The stock has 2 warning signs investors should review. Among 1,021 Semiconductors companies, Kioxia Holdings ranks better than 93.73% on this metric.
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.
Kioxia Holdings Pretax Margin % Related Terms
Kioxia Holdings Pretax Margin % Historical Data
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The historical data trend for Kioxia Holdings'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.
KXIAY vs NVDA, AVGO, MU: Pretax Margin % Comparison
For the Semiconductors subindustry, Kioxia Holdings'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.
Kioxia Holdings Pretax Margin % vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Kioxia Holdings's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Kioxia Holdings'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.
Kioxia Holdings (KXIAY) has a Pretax Margin % of 233.50% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Kioxia Holdings and its competitors. This is 63008% above median its historical median of 0.37. According to the industry distribution chart, Kioxia Holdings ranks #64 out of 1021 companies in the Semiconductors industry, placing it in the top 6.3%.
Is Kioxia Holdings' Pretax Margin % too high?
Kioxia Holdings' current Pretax Margin % of 233.50% is 63008% above median its 10-year median of 0.37. The Semiconductors industry median Pretax Margin % is 5.07. Kioxia Holdings' value of 233.50% is 4505.5% above this industry median. Based on the distribution chart, Kioxia Holdings ranks #64 out of 1021 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Kioxia Holdings has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Kioxia Holdings' Pretax Margin % compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Kioxia Holdings ranks #64 out of 1021 companies for Pretax Margin %. This places Kioxia Holdings in the top 6% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 5.07. Kioxia Holdings' value of 233.50% is 4505.5% above this benchmark. While the company's 10-year median is 0.37 vs. the industry median of 5.07, Kioxia Holdings 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 Semiconductors company?
The median Pretax Margin % among Semiconductors companies is 5.07, based on 1,021 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. Kioxia Holdings's current Pretax Margin % of 233.50% is 4505.5% 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 Kioxia Holdings and its competitors. For the Semiconductors industry, the median Pretax Margin % is 5.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kioxia Holdings's current Pretax Margin % is 233.50%, which is 63008% above median its own 10-year median of 0.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kioxia Holdings stock overvalued right now?
Kioxia Holdings (KXIAY) has a current Pretax Margin % of 233.50%. The current Pretax Margin % is 233.50%, which is 63008% above median its 10-year median of 0.37 and 4505.5% above the Semiconductors industry median of 5.07. Kioxia Holdings' overall GF Score™ is 18/100 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 Kioxia Holdings (KXIAY), the current Pretax Margin % is 233.50% 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.
Kioxia Holdings is a Japan-based semiconductor memory manufacturer focusing on NAND memory chips. The company is currently the third-largest NAND supplier globally, with a 14% market share as of 2024. The largest single shareholder of Kioxia is currently Toshiba, which had a 21.9% stake as of November 2025. Kioxia operates nine fabs across Japan: seven in Yokkaichi and two in Kitakami. They are mostly run via a joint venture with Sandisk, Flash Ventures. Flash Ventures is 51% owned by Kioxia. The company's memory chips are used in various consumer electronics and enterprise infrastructure, such as PCs, smartphones, servers, and USB sticks. Of Kioxia's revenue, 51% comes from the sales of NAND memory used in solid-state drives, which are used in PCs and servers.
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