Lazard Global Total Return & FdLGI +0.50%54 Pretax Margin % is 99.10% as of Dec. 2025, which is 1% above its 10-year median of 98.34. GuruFocus rates LGI with a GF Score™ of 54/100 and a GF Value™ of $22.01 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,580 Asset Management companies, Lazard Global Total Return & Fd ranks better than 69.75% on this metric.
The historical rank and industry rank for Lazard Global Total Return & Fd's Pretax Margin % or its related term are showing as below:
LGI'
s Pretax Margin % Range Over the Past 10 Years
Min: 95.22 Med: 98.34 Max: 102.9
Current: 98.34
LGI's Pretax Margin % is ranked better than 69.75% of 1580
companies
in the Asset Management industry
Industry Median: 89.475
vs LGI: 98.34
Lazard Global Total Return & Fd (NYSE:LGI) 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.
Lazard Global Total Return & Fd Pretax Margin % Related Terms
Lazard Global Total Return & Fd 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.
Lazard Global Total Return & Fd Pretax Margin % Chart
For the Asset Management subindustry, Lazard Global Total Return & Fd'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.
Lazard Global Total Return & Fd Pretax Margin % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Lazard Global Total Return & Fd's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Lazard Global Total Return & Fd'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.
Lazard Global Total Return & Fd (LGI) has a Pretax Margin % of 99.10% as of Dec. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Lazard Global Total Return & Fd and its competitors. This is near median its historical median of 98.34. Over the past decade, Lazard Global Total Return & Fd's Pretax Margin % has ranged from 95.22 to 102.90. According to the industry distribution chart, Lazard Global Total Return & Fd ranks #478 out of 1580 companies in the Asset Management industry, placing it in the top 30.3%.
Is Lazard Global Total Return & Fd's Pretax Margin % too high?
Lazard Global Total Return & Fd's current Pretax Margin % of 99.10% is near median its 10-year median of 98.34. Over the past 10 years, this metric has ranged from a low of 95.22 to a high of 102.90. The Asset Management industry median Pretax Margin % is 89.48. Lazard Global Total Return & Fd's value of 99.10% is 10.8% above this industry median. Based on the distribution chart, Lazard Global Total Return & Fd ranks #478 out of 1580 companies in the Asset Management industry, which is above the industry midpoint. Overall, Lazard Global Total Return & Fd has a GF Score™ of 54/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Lazard Global Total Return & Fd's Pretax Margin % compare to SABA and JRS?
According to the Asset Management industry distribution chart, Lazard Global Total Return & Fd ranks #478 out of 1580 companies for Pretax Margin %. This puts Lazard Global Total Return & Fd in the upper half of its industry. The industry median Pretax Margin % is 89.48. Lazard Global Total Return & Fd's value of 99.10% is 10.8% above this benchmark. Historically, Lazard Global Total Return & Fd's own Pretax Margin % has ranged from 95.22 to 102.90 over the past decade. While the company's 10-year median is 98.34 vs. the industry median of 89.48, Lazard Global Total Return & Fd 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. Lazard Global Total Return & Fd's current Pretax Margin % of 99.10% is 10.8% 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 Lazard Global Total Return & Fd 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. Lazard Global Total Return & Fd's current Pretax Margin % is 99.10%, which is near median its own 10-year median of 98.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lazard Global Total Return & Fd stock overvalued right now?
Based on GuruFocus' analysis, Lazard Global Total Return & Fd (LGI) is currently considered Modestly Undervalued. The stock's GF Value™ is $22.01, compared to a current price of $18.11 — trading 17.7% below its estimated fair value. The current Pretax Margin % is 99.10%, which is near median its 10-year median of 98.34 and 10.8% above the Asset Management industry median of 89.48. Lazard Global Total Return & Fd's overall GF Score™ is 54/100 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 Lazard Global Total Return & Fd (LGI), the current Pretax Margin % is 99.10% 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 Lazard Global Total Return & Fd (LGI) Overvalued in 2026?
Based on GuruFocus' analysis, Lazard Global Total Return & Fd stock appears to be undervalued.
The current stock price of $18.11 is trading 17.7% below its estimated GF Value™ of $22.01.
GuruFocus considers Lazard Global Total Return & Fd to be Modestly Undervalued.
Key valuation signals for LGI:
Pretax Margin %: 99.10% (near median its 10-year median of 98.34)
GF Value™: $22.01 vs. price of $18.11 (17.7% below fair value)
Industry Position: 10.8% above the Asset Management median (#478 of 1580)
No single metric tells the full story. See the LGI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Lazard Global Total Return & Fd Business Description
Lazard Global Total Return & Inc Fd Inc is a United States-based diversified, closed-end management investment company. Its investment objective is total return consisting of capital appreciation and income. The fund's portfolio of investments consists of different sector investments such as consumer staples, financials, consumer discretionary, healthcare, materials, sovereign debt and others.
54GF Score
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