Open LendingLPRO +0.32%71 Pretax Margin % is -2.29% as of Mar. 2026. GuruFocus rates LPRO with a GF Score™ of 71/100 and a GF Value™ of $5.73 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 534 Credit Services companies, Open Lending ranks worse than 82.4% on this metric.
Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Open Lending's Pre-Tax Income for the
three
months ended in Mar. 2026 was $-0.47 Mil. Open Lending's Revenue for the
three
months ended in Mar. 2026 was $20.49 Mil. Therefore, Open Lending's pretax margin for the quarter that ended in Mar. 2026 was -2.29%.
The historical rank and industry rank for Open Lending's Pretax Margin % or its related term are showing as below:
LPRO'
s Pretax Margin % Range Over the Past 10 Years
Min: -268.92 Med: 38.33 Max: 88.65
Current: -7.29
LPRO's Pretax Margin % is ranked worse than 82.4% of 534
companies
in the Credit Services industry
Industry Median: 19.865
vs LPRO: -7.29
Open Lending (NAS:LPRO) 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.
Open Lending Pretax Margin % Related Terms
Open Lending Pretax Margin % Historical Data
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The historical data trend for Open Lending'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.
LPRO vs OPRT, MFIN, JFIN: Pretax Margin % Comparison
For the Credit Services subindustry, Open Lending'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.
Open Lending Pretax Margin % vs Credit Services Industry
For the Credit Services industry and Financial Services sector, Open Lending's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Open Lending'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.
Open Lending (LPRO) has a Pretax Margin % of -2.29% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Open Lending and its competitors. According to the industry distribution chart, Open Lending ranks #440 out of 534 companies in the Credit Services industry, placing it in the top 82.4%.
Is Open Lending's Pretax Margin % too high?
Open Lending's current Pretax Margin % is -2.29%. Based on the distribution chart, Open Lending ranks #440 out of 534 companies in the Credit Services industry, which is in the bottom quartile relative to peers. Overall, Open Lending has a GF Score™ of 71/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Open Lending's Pretax Margin % compare to OPRT and MFIN?
According to the Credit Services industry distribution chart, Open Lending ranks #440 out of 534 companies for Pretax Margin %. This places Open Lending in the lower half of its industry. The industry median Pretax Margin % is 19.87. 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 Credit Services company?
The median Pretax Margin % among Credit Services companies is 19.87, based on 534 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 Open Lending and its competitors. For the Credit Services industry, the median Pretax Margin % is 19.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Open Lending's current Pretax Margin % is -2.29%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Open Lending stock overvalued right now?
Based on GuruFocus' analysis, Open Lending (LPRO) is currently considered Possible Value Trap. The stock's GF Value™ is $5.73, compared to a current price of $3.13 — trading 45.5% below its estimated fair value. The current Pretax Margin % is -2.29%. Open Lending's overall GF Score™ is 71/100 with 6 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 Open Lending (LPRO), the current Pretax Margin % is -2.29% 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 Open Lending (LPRO) Overvalued in 2026?
Based on GuruFocus' analysis, Open Lending stock appears to be undervalued.
The current stock price of $3.13 is trading 45.5% below its estimated GF Value™ of $5.73.
GuruFocus considers Open Lending to be Possible Value Trap.
Key valuation signals for LPRO:
Pretax Margin %: -2.29%
GF Value™: $5.73 vs. price of $3.13 (45.5% below fair value)
No single metric tells the full story. See the LPRO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Open Lending Corp is a provider of lending enablement and risk analytics to credit unions, regional banks, finance companies and the captive finance companies of automakers (OEM captive finance companies). Through its flagship product, LPP, its customers, collectively referred to herein as automotive lenders or lenders, make automotive consumer loans to underserved near-prime and non-prime borrowers by harnessing its risk-based interest rate pricing models, powered by its proprietary data and real-time underwriting of automotive loan default insurance coverage from insurers.
71GF Score
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