FirstGroupLSE:FGP -1.29%71 Pretax Margin % is 3.95% as of Mar. 2026, which is 388% above its 10-year median of 0.81. GuruFocus rates LSE:FGP with a GF Score™ of 71/100 and a GF Value™ of £2.00 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,005 Transportation companies, FirstGroup ranks worse than 65.37% on this metric.
Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. FirstGroup's Pre-Tax Income for the
six
months ended in Mar. 2026 was £80 Mil. FirstGroup's Revenue for the
six
months ended in Mar. 2026 was £2,035 Mil. Therefore, FirstGroup's pretax margin for the quarter that ended in Mar. 2026 was 3.95%.
The historical rank and industry rank for FirstGroup's Pretax Margin % or its related term are showing as below:
LSE:FGP'
s Pretax Margin % Range Over the Past 10 Years
Min: -7.91 Med: 0.81 Max: 3.62
Current: 3.62
LSE:FGP's Pretax Margin % is ranked worse than 65.37% of 1005
companies
in the Transportation industry
Industry Median: 6.77
vs LSE:FGP: 3.62
FirstGroup (LSE:FGP) 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.
FirstGroup Pretax Margin % Related Terms
FirstGroup Pretax Margin % Historical Data
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The historical data trend for FirstGroup'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.
LSE:FGP vs UNP, CSX, NSC: Pretax Margin % Comparison
For the Railroads subindustry, FirstGroup'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.
FirstGroup Pretax Margin % vs Transportation Industry
For the Transportation industry and Industrials sector, FirstGroup's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where FirstGroup'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.
FirstGroup (LSE:FGP) has a Pretax Margin % of 3.95% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on FirstGroup and its competitors. This is 388% above median its historical median of 0.81. According to the industry distribution chart, FirstGroup ranks #657 out of 1005 companies in the Transportation industry, placing it in the top 65.4%.
Is FirstGroup's Pretax Margin % too high?
FirstGroup's current Pretax Margin % of 3.95% is 388% above median its 10-year median of 0.81. The Transportation industry median Pretax Margin % is 6.77. FirstGroup's value of 3.95% is 41.7% below this industry median. Based on the distribution chart, FirstGroup ranks #657 out of 1005 companies in the Transportation industry, which is below the industry midpoint. Overall, FirstGroup has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does FirstGroup's Pretax Margin % compare to UNP and CSX?
According to the Transportation industry distribution chart, FirstGroup ranks #657 out of 1005 companies for Pretax Margin %. This places FirstGroup in the lower half of its industry. The industry median Pretax Margin % is 6.77. FirstGroup's value of 3.95% is 41.7% below this benchmark. While the company's 10-year median is 0.81 vs. the industry median of 6.77, FirstGroup has consistently been below 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 Transportation company?
The median Pretax Margin % among Transportation companies is 6.77, based on 1,005 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. FirstGroup's current Pretax Margin % of 3.95% is 41.7% below 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 FirstGroup and its competitors. For the Transportation industry, the median Pretax Margin % is 6.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FirstGroup's current Pretax Margin % is 3.95%, which is 388% above median its own 10-year median of 0.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FirstGroup stock overvalued right now?
Based on GuruFocus' analysis, FirstGroup (LSE:FGP) is currently considered Fairly Valued. The stock's GF Value™ is £2.00, compared to a current price of £1.84 — trading 8.1% below its estimated fair value. The current Pretax Margin % is 3.95%, which is 388% above median its 10-year median of 0.81 and 41.7% below the Transportation industry median of 6.77. FirstGroup's overall GF Score™ is 71/100 with 3 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 FirstGroup (LSE:FGP), the current Pretax Margin % is 3.95% 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 FirstGroup (LSE:FGP) Overvalued in 2026?
Based on GuruFocus' analysis, FirstGroup stock appears to be undervalued.
The current stock price of £1.84 is trading 8.1% below its estimated GF Value™ of £2.00.
GuruFocus considers FirstGroup to be Fairly Valued.
Key valuation signals for LSE:FGP:
Pretax Margin %: 3.95% (388% above median its 10-year median of 0.81)
GF Value™: £2.00 vs. price of £1.84 (8.1% below fair value)
Industry Position: 41.7% below the Transportation median (#657 of 1005)
No single metric tells the full story. See the LSE:FGP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
FirstGroup PLC is a passenger transportation company domiciled in the United Kingdom. The company organizes itself into segments: Greyhound, First Bus, and First Rail. The Greyhound segment operates intercity coaches in the United States and Canada. First Bus operates buses in the United Kingdom. First Rail operates passenger trains in the United Kingdom. The company derives the majority of its revenue from the United Kingdom.
71GF Score
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