LMS CapitalLSE:LMS 31 Pretax Margin % is 81.95% as of Dec. 2025, which is 41% below its 10-year median of 139.34. GuruFocus rates LSE:LMS with a GF Score™ of 31/100. Among 1,572 Asset Management companies, LMS Capital ranks better than 90.46% on this metric.
Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. LMS Capital's Pre-Tax Income for the
six
months ended in Dec. 2025 was £-0.71 Mil. LMS Capital's Revenue for the
six
months ended in Dec. 2025 was £-0.87 Mil. Therefore, LMS Capital's pretax margin for the quarter that ended in Dec. 2025 was 81.95%.
The historical rank and industry rank for LMS Capital's Pretax Margin % or its related term are showing as below:
LSE:LMS'
s Pretax Margin % Range Over the Past 10 Years
Min: -1952.08 Med: 139.34 Max: 261.05
Current: 142.38
LSE:LMS's Pretax Margin % is ranked better than 90.46% of 1572
companies
in the Asset Management industry
Industry Median: 89.62
vs LSE:LMS: 142.38
LMS Capital (LSE:LMS) 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.
LMS Capital Pretax Margin % Related Terms
LMS Capital Pretax Margin % Historical Data
* Premium members only.
The historical data trend for LMS Capital'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:LMS vs BLK, BX, KKR: Pretax Margin % Comparison
For the Asset Management subindustry, LMS Capital'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.
LMS Capital Pretax Margin % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, LMS Capital's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where LMS Capital'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.
LMS Capital (LSE:LMS) has a Pretax Margin % of 81.95% as of Dec. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on LMS Capital and its competitors. This is 41% below median its historical median of 139.34. According to the industry distribution chart, LMS Capital ranks #150 out of 1572 companies in the Asset Management industry, placing it in the top 9.5%.
Is LMS Capital's Pretax Margin % too high?
LMS Capital's current Pretax Margin % of 81.95% is 41% below median its 10-year median of 139.34. The Asset Management industry median Pretax Margin % is 89.62. LMS Capital's value of 81.95% is 8.6% below this industry median. Based on the distribution chart, LMS Capital ranks #150 out of 1572 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, LMS Capital has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does LMS Capital's Pretax Margin % compare to BLK and BX?
According to the Asset Management industry distribution chart, LMS Capital ranks #150 out of 1572 companies for Pretax Margin %. This places LMS Capital in the top 10% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 89.62. LMS Capital's value of 81.95% is 8.6% below this benchmark. While the company's 10-year median is 139.34 vs. the industry median of 89.62, LMS Capital 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 an Asset Management company?
The median Pretax Margin % among Asset Management companies is 89.62, 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. LMS Capital's current Pretax Margin % of 81.95% is 8.6% 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 LMS Capital and its competitors. For the Asset Management industry, the median Pretax Margin % is 89.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. LMS Capital's current Pretax Margin % is 81.95%, which is 41% below median its own 10-year median of 139.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LMS Capital stock overvalued right now?
LMS Capital (LSE:LMS) has a current Pretax Margin % of 81.95%. The current Pretax Margin % is 81.95%, which is 41% below median its 10-year median of 139.34 and 8.6% below the Asset Management industry median of 89.62. LMS Capital's overall GF Score™ is 31/100. 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 LMS Capital (LSE:LMS), the current Pretax Margin % is 81.95% as of Dec. 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.
LMS Capital PLC is a United Kingdom-based investment company that provides funding to small to medium-sized public and private businesses. Its investment objective is to conduct an orderly realisation of its assets in a manner that seeks to optimise the value of the company's investments whilst progressively returning cash to shareholders. The company focuses on established, profitable, and cash-generative companies. Its investment portfolio includes legacy private equity assets, which are relatively liquid, as well as investments in Dacian and Retirement Living, which are less liquid.
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