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.
JPMorgan Elect Pretax Margin % Related Terms
JPMorgan Elect Pretax Margin % Historical Data
* Premium members only.
The historical data trend for JPMorgan Elect'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:JPEG vs BLK, BX, KKR: Pretax Margin % Comparison
For the Asset Management subindustry, JPMorgan Elect'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.
JPMorgan Elect Pretax Margin % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, JPMorgan Elect's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where JPMorgan Elect'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.
JPMorgan Elect (LSE:JPEG) has a Pretax Margin % of 101.36% as of Feb. 2022. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on JPMorgan Elect and its competitors. This is near median its historical median of 98.62. Over the past decade, JPMorgan Elect's Pretax Margin % has ranged from 95.50 to 115.81.
Is JPMorgan Elect's Pretax Margin % too high?
JPMorgan Elect's current Pretax Margin % of 101.36% is near median its 10-year median of 98.62. Over the past 10 years, this metric has ranged from a low of 95.50 to a high of 115.81. The Asset Management industry median Pretax Margin % is 89.74. JPMorgan Elect's value of 101.36% is 13% above this industry median. Overall, JPMorgan Elect has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does JPMorgan Elect's Pretax Margin % compare to BLK and BX?
JPMorgan Elect's Pretax Margin % of 101.36% can be compared against companies in the Asset Management industry. The industry median Pretax Margin % is 89.74. JPMorgan Elect's value of 101.36% is 13% above this benchmark. Historically, JPMorgan Elect's own Pretax Margin % has ranged from 95.50 to 115.81 over the past decade. While the company's 10-year median is 98.62 vs. the industry median of 89.74, JPMorgan Elect 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 89.74, based on 1,572 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. JPMorgan Elect's current Pretax Margin % of 101.36% is 13% 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 JPMorgan Elect and its competitors. For the Asset Management industry, the median Pretax Margin % is 89.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. JPMorgan Elect's current Pretax Margin % is 101.36%, which is near median its own 10-year median of 98.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JPMorgan Elect stock overvalued right now?
JPMorgan Elect (LSE:JPEG) has a current Pretax Margin % of 101.36%. The current Pretax Margin % is 101.36%, which is near median its 10-year median of 98.62 and 13% above the Asset Management industry median of 89.74. JPMorgan Elect's overall GF Score™ is 4/100 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 JPMorgan Elect (LSE:JPEG), the current Pretax Margin % is 101.36% as of Feb. 2022. 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.
JPMorgan Elect PLC is an investment trust company. It has a diversified portfolio of investments which consists of managed growth, managed income, and managed cash. It aims to achieve long-term capital growth by investing in investment trusts and open-ended funds. In addition, it also aims to achieve a growing income return with the potential for long-term capital growth by investing in equities, investment companies, and fixed income securities. The company's revenue consists of dividends from investments in open-end funds, equities, and fixed income securities.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
LSE:JPEG has been successfully added to your 