GraingerLSE:GRI -0.18%68 Pretax Margin % is 22.70% as of Sep. 2025, which is 42% below its 10-year median of 39.09. GuruFocus rates LSE:GRI with a GF Score™ of 68/100 and a GF Value™ of £1.56 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,757 Real Estate companies, Grainger ranks better than 76.15% on this metric.
Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Grainger's Pre-Tax Income for the
six
months ended in Sep. 2025 was £28.6 Mil. Grainger's Revenue for the
six
months ended in Sep. 2025 was £126.0 Mil. Therefore, Grainger's pretax margin for the quarter that ended in Sep. 2025 was 22.70%.
The historical rank and industry rank for Grainger's Pretax Margin % or its related term are showing as below:
LSE:GRI'
s Pretax Margin % Range Over the Past 10 Years
Min: 10.33 Med: 39.09 Max: 107.6
Current: 39.63
LSE:GRI's Pretax Margin % is ranked better than 76.15% of 1757
companies
in the Real Estate industry
Industry Median: 12.28
vs LSE:GRI: 39.63
Grainger (LSE:GRI) 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.
Grainger Pretax Margin % Related Terms
Grainger Pretax Margin % Historical Data
* Premium members only.
The historical data trend for Grainger'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:GRI vs CBRE, BEKE, JLL: Pretax Margin % Comparison
For the Real Estate Services subindustry, Grainger'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.
Grainger Pretax Margin % vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Grainger's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Grainger'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.
Grainger (LSE:GRI) has a Pretax Margin % of 22.70% as of Sep. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Grainger and its competitors. This is 42% below median its historical median of 39.09. Over the past decade, Grainger's Pretax Margin % has ranged from 10.33 to 107.60. According to the industry distribution chart, Grainger ranks #419 out of 1757 companies in the Real Estate industry, placing it in the top 23.8%.
Is Grainger's Pretax Margin % too high?
Grainger's current Pretax Margin % of 22.70% is 42% below median its 10-year median of 39.09. Over the past 10 years, this metric has ranged from a low of 10.33 to a high of 107.60. The Real Estate industry median Pretax Margin % is 12.28. Grainger's value of 22.70% is 84.9% above this industry median. Based on the distribution chart, Grainger ranks #419 out of 1757 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Grainger has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Grainger's Pretax Margin % compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Grainger ranks #419 out of 1757 companies for Pretax Margin %. This places Grainger in the top 24% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 12.28. Grainger's value of 22.70% is 84.9% above this benchmark. Historically, Grainger's own Pretax Margin % has ranged from 10.33 to 107.60 over the past decade. While the company's 10-year median is 39.09 vs. the industry median of 12.28, Grainger 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 Real Estate company?
The median Pretax Margin % among Real Estate companies is 12.28, based on 1,757 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. Grainger's current Pretax Margin % of 22.70% is 84.9% 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 Grainger and its competitors. For the Real Estate industry, the median Pretax Margin % is 12.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grainger's current Pretax Margin % is 22.70%, which is 42% below median its own 10-year median of 39.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grainger stock overvalued right now?
Based on GuruFocus' analysis, Grainger (LSE:GRI) is currently considered Fairly Valued. The stock's GF Value™ is £1.56, compared to a current price of £1.71 — trading 9.3% above its estimated fair value. The current Pretax Margin % is 22.70%, which is 42% below median its 10-year median of 39.09 and 84.9% above the Real Estate industry median of 12.28. Grainger's overall GF Score™ is 68/100 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 Grainger (LSE:GRI), the current Pretax Margin % is 22.70% as of Sep. 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 Grainger (LSE:GRI) Overvalued in 2026?
Based on GuruFocus' analysis, Grainger stock appears to be overvalued.
The current stock price of £1.71 is trading 9.3% above its estimated GF Value™ of £1.56.
GuruFocus considers Grainger to be Fairly Valued.
Key valuation signals for LSE:GRI:
Pretax Margin %: 22.70% (42% below median its 10-year median of 39.09)
GF Value™: £1.56 vs. price of £1.71 (9.3% above fair value)
Industry Position: 84.9% above the Real Estate median (#419 of 1757)
No single metric tells the full story. See the LSE:GRI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Grainger PLC owns, leases, and manages residential properties. The company derives the vast majority of its revenue through property sales and rental income. The business categorizes its operations into U.K. residential, retirement solutions, fund and third-party management, the U.K. and European development, German residential, and others. U.K. Residential represents the bulk of the group's revenue, with retirement solutions and the UK and European development also contributing a substantial portion. The company also offers residential fund- and asset management services. The two segments for the company are PRS which derives maximum revenue, and Reversionary.
68GF Score
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