LAAOF (Li Auto) Pretax Margin %: -11.32% (As of Mar. 2026)


LAAOF Li Auto Inc LAAOF
74 GF Score
Price $9.49
GF Value $16.35
! 4 Warning Signs
View Full Analysis

What is Li Auto Pretax Margin %?

Li Auto LAAOF 74 Pretax Margin % is -11.32% as of Mar. 2026. GuruFocus rates LAAOF with a GF Score™ of 74/100 and a GF Value™ of $16.35. The stock has 4 warning signs investors should review. Among 1,326 Vehicles & Parts companies, Li Auto ranks worse than 81.22% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Li Auto's Pre-Tax Income for the three months ended in Mar. 2026 was $-377 Mil. Li Auto's Revenue for the three months ended in Mar. 2026 was $3,335 Mil. Therefore, Li Auto's pretax margin for the quarter that ended in Mar. 2026 was -11.32%.

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

LAAOF' s Pretax Margin % Range Over the Past 10 Years
Min: -850.26   Med: -0.57   Max: 8.44
Current: -1.97


LAAOF's Pretax Margin % is ranked worse than
81.22% of 1326 companies
in the Vehicles & Parts industry
Industry Median: 4.4 vs LAAOF: -1.97

Li Auto  (OTCPK:LAAOF) 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.


Li Auto Pretax Margin % Related Terms


Li Auto Pretax Margin % Historical Data

* Premium members only.

The historical data trend for Li Auto'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.

Li Auto Pretax Margin % Chart

Li Auto Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Pretax Margin %
Get a 7-Day Free Trial -0.57 -4.77 8.44 6.45 1.15

Li Auto Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 2.99 4.26 -2.70 -0.10 -11.32

LAAOF vs XPEV, NIO, RIVN: Pretax Margin % Comparison

For the Auto Manufacturers subindustry, Li Auto'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.


Li Auto Pretax Margin % vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Li Auto's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Li Auto's Pretax Margin % falls into.


LAAOF
74GF Score
Li Auto Inc LAAOF
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Li Auto 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.

Li Auto'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 )
=184.168/15946.233
=1.15 %

Li Auto's Pretax Margin for the quarter that ended in Mar. 2026 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=-377.415/3334.675
=-11.32 %

* 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 -11.32% mean?
Li Auto (LAAOF) has a Pretax Margin % of -11.32% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Li Auto and its competitors. According to the industry distribution chart, Li Auto ranks #1077 out of 1326 companies in the Vehicles & Parts industry, placing it in the top 81.2%.
Is Li Auto's Pretax Margin % too high?
Li Auto's current Pretax Margin % is -11.32%. Based on the distribution chart, Li Auto ranks #1077 out of 1326 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Li Auto has a GF Score™ of 74/100, reflecting its overall financial health beyond just this single metric.
How does Li Auto's Pretax Margin % compare to XPEV and NIO?
According to the Vehicles & Parts industry distribution chart, Li Auto ranks #1077 out of 1326 companies for Pretax Margin %. This places Li Auto in the lower half of its industry. The industry median Pretax Margin % is 4.40. 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 Vehicles & Parts company?
The median Pretax Margin % among Vehicles & Parts companies is 4.40, based on 1,326 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. 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 Li Auto and its competitors. For the Vehicles & Parts industry, the median Pretax Margin % is 4.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Li Auto's current Pretax Margin % is -11.32%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Li Auto stock overvalued right now?
Li Auto (LAAOF) has a current Pretax Margin % of -11.32%. The stock's GF Value™ is $16.35, compared to a current price of $9.49 — trading 42% below its estimated fair value. The current Pretax Margin % is -11.32%. Li Auto's overall GF Score™ is 74/100 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 Li Auto (LAAOF), the current Pretax Margin % is -11.32% 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.

Is Li Auto (LAAOF) Overvalued in 2026?

Based on GuruFocus' analysis, Li Auto stock appears to be undervalued. The current stock price of $9.49 is trading 42% below its estimated GF Value™ of $16.35.

Key valuation signals for LAAOF:

  • Pretax Margin %: -11.32%
  • GF Value™: $16.35 vs. price of $9.49 (42% below fair value)
  • GF Score™: 74/100 with 4 warning signs

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


Li Auto Business Description

Address 11 Wenliang Street, Shunyi District, Beijing, CHN, 101399
Li Auto is one of China's leading new energy vehicle manufacturers. Founded in 2015, the company designs, develops, manufactures, and sells premium smart NEVs with a particular focus on family size premium SUVs and MPVs. Li Auto started volume production of its first model—the Li One, an SUV that is a premium plug-in electric vehicle- in November 2019. Besides PHEVs, its product portfolio now extends to EVs that are fully battery-powered, reaching a wide audience. It has sold over 400,000 NEVs in 2025, accounting for about 3% of China's passenger NEV market.
74GF Score

Get the complete analysis for LAAOF

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

$9.49
Price
$16.35
GF Value