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Invesco Asia Dragon TrustLSE:IAD -2.13%39 Pretax Margin % is 97.96% as of Apr. 2026, which is 1% below its 10-year median of 99.31. GuruFocus rates LSE:IAD with a GF Score™ of 39/100. The stock has 3 warning signs investors should review. Among 1,570 Asset Management companies, Invesco Asia Dragon Trust ranks better than 79.49% on this metric.
Invesco Asia Dragon Trust (LSE:IAD) 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.
Invesco Asia Dragon Trust Pretax Margin % Related Terms
Invesco Asia Dragon Trust 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.
LSE:IAD vs BLK, BX, KKR: Pretax Margin % Comparison
For the Asset Management subindustry, Invesco Asia Dragon Trust'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.
Invesco Asia Dragon Trust Pretax Margin % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Invesco Asia Dragon Trust's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Invesco Asia Dragon Trust'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.
Invesco Asia Dragon Trust (LSE:IAD) has a Pretax Margin % of 97.96% as of Apr. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Invesco Asia Dragon Trust and its competitors. This is near median its historical median of 99.31. Over the past decade, Invesco Asia Dragon Trust's Pretax Margin % has ranged from 75.46 to 112.62. According to the industry distribution chart, Invesco Asia Dragon Trust ranks #322 out of 1570 companies in the Asset Management industry, placing it in the top 20.5%.
Is Invesco Asia Dragon Trust's Pretax Margin % too high?
Invesco Asia Dragon Trust's current Pretax Margin % of 97.96% is near median its 10-year median of 99.31. Over the past 10 years, this metric has ranged from a low of 75.46 to a high of 112.62. The Asset Management industry median Pretax Margin % is 90.34. Invesco Asia Dragon Trust's value of 97.96% is 8.4% above this industry median. Based on the distribution chart, Invesco Asia Dragon Trust ranks #322 out of 1570 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Invesco Asia Dragon Trust has a GF Score™ of 39/100, reflecting its overall financial health beyond just this single metric.
How does Invesco Asia Dragon Trust's Pretax Margin % compare to BLK and BX?
According to the Asset Management industry distribution chart, Invesco Asia Dragon Trust ranks #322 out of 1570 companies for Pretax Margin %. This places Invesco Asia Dragon Trust in the top 21% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 90.34. Invesco Asia Dragon Trust's value of 97.96% is 8.4% above this benchmark. Historically, Invesco Asia Dragon Trust's own Pretax Margin % has ranged from 75.46 to 112.62 over the past decade. While the company's 10-year median is 99.31 vs. the industry median of 90.34, Invesco Asia Dragon Trust 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 90.34, based on 1,570 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. Invesco Asia Dragon Trust's current Pretax Margin % of 97.96% is 8.4% 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 Invesco Asia Dragon Trust and its competitors. For the Asset Management industry, the median Pretax Margin % is 90.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Invesco Asia Dragon Trust's current Pretax Margin % is 97.96%, which is near median its own 10-year median of 99.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Invesco Asia Dragon Trust stock overvalued right now?
Invesco Asia Dragon Trust (LSE:IAD) has a current Pretax Margin % of 97.96%. The current Pretax Margin % is 97.96%, which is near median its 10-year median of 99.31 and 8.4% above the Asset Management industry median of 90.34. Invesco Asia Dragon Trust's overall GF Score™ is 39/100 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 Invesco Asia Dragon Trust (LSE:IAD), the current Pretax Margin % is 97.96% as of Apr. 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.
Invesco Asia Dragon Trust PLC is a United Kingdom-based investment company. The business of the Company is to invest shareholders' funds with the spreading investment risk and generating sustainable and long-term returns for shareholders. The Company's purpose is to provide shareholders with long-term capital growth and income by investing in a diversified portfolio of Asian and Australasian companies. The company invests in Food, Beverage, and Tobacco, Real Estate, Banks, Automobiles and Components, Capital Goods, Insurance, Technology Hardware and Equipment, Utilities, and other sectors.
39GF Score
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