Marshalls (LSE:MSLH) Pretax Margin %: 1.92% (As of Dec. 2025) — 79% Below Median


LSE:MSLH Marshalls PLC LSE:MSLH
64 GF Score
Price £1.50
GF Value £2.51
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Marshalls Pretax Margin %?

Marshalls LSE:MSLH +0.33% 64 Pretax Margin % is 1.92% as of Dec. 2025, which is 79% below its 10-year median of 8.98. GuruFocus rates LSE:MSLH with a GF Score™ of 64/100 and a GF Value™ of £2.51 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 403 Building Materials companies, Marshalls ranks worse than 60.05% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Marshalls's Pre-Tax Income for the six months ended in Dec. 2025 was £6.0 Mil. Marshalls's Revenue for the six months ended in Dec. 2025 was £312.6 Mil. Therefore, Marshalls's pretax margin for the quarter that ended in Dec. 2025 was 1.92%.

The historical rank and industry rank for Marshalls's Pretax Margin % or its related term are showing as below:

LSE:MSLH' s Pretax Margin % Range Over the Past 10 Years
Min: 0.99   Med: 8.98   Max: 12.89
Current: 2.8


LSE:MSLH's Pretax Margin % is ranked worse than
60.05% of 403 companies
in the Building Materials industry
Industry Median: 5.94 vs LSE:MSLH: 2.80

Marshalls  (LSE:MSLH) 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.


Marshalls Pretax Margin % Related Terms


Marshalls Pretax Margin % Historical Data

* Premium members only.

The historical data trend for Marshalls'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.

Marshalls Pretax Margin % Chart

Marshalls Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.76 5.17 3.31 6.36 2.80

Marshalls Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.73 7.01 5.73 3.66 1.92

LSE:MSLH vs CRH, VMC, MLM: Pretax Margin % Comparison

For the Building Materials subindustry, Marshalls'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.


Marshalls Pretax Margin % vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Marshalls's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Marshalls's Pretax Margin % falls into.


LSE:MSLH
64GF Score
Marshalls PLC LSE:MSLH
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Marshalls Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Marshalls's Pretax Margin for the fiscal year that ended in Dec. 2025 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=17.7/632.1
=2.80 %

Marshalls's Pretax Margin for the quarter that ended in Dec. 2025 is calculated as

Pretax Margin=Pre-Tax Income (Q: Dec. 2025 )/Revenue (Q: Dec. 2025 )
=6/312.6
=1.92 %

* 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.

Frequently Asked Questions Learn more about Pretax Margin % →
What does a Pretax Margin % of 1.92% mean?
Marshalls (LSE:MSLH) has a Pretax Margin % of 1.92% as of Dec. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Marshalls and its competitors. This is 79% below median its historical median of 8.98. Over the past decade, Marshalls' Pretax Margin % has ranged from 0.99 to 12.89. According to the industry distribution chart, Marshalls ranks #242 out of 403 companies in the Building Materials industry, placing it in the top 60%.
Is Marshalls' Pretax Margin % too high?
Marshalls' current Pretax Margin % of 1.92% is 79% below median its 10-year median of 8.98. Over the past 10 years, this metric has ranged from a low of 0.99 to a high of 12.89. The Building Materials industry median Pretax Margin % is 5.94. Marshalls' value of 1.92% is 67.7% below this industry median. Based on the distribution chart, Marshalls ranks #242 out of 403 companies in the Building Materials industry, which is below the industry midpoint. Overall, Marshalls has a GF Score™ of 64/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Marshalls' Pretax Margin % compare to CRH and VMC?
According to the Building Materials industry distribution chart, Marshalls ranks #242 out of 403 companies for Pretax Margin %. This places Marshalls in the lower half of its industry. The industry median Pretax Margin % is 5.94. Marshalls' value of 1.92% is 67.7% below this benchmark. Historically, Marshalls' own Pretax Margin % has ranged from 0.99 to 12.89 over the past decade. While the company's 10-year median is 8.98 vs. the industry median of 5.94, Marshalls 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 Building Materials company?
The median Pretax Margin % among Building Materials companies is 5.94, based on 403 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. Marshalls's current Pretax Margin % of 1.92% is 67.7% 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 Marshalls and its competitors. For the Building Materials industry, the median Pretax Margin % is 5.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Marshalls's current Pretax Margin % is 1.92%, which is 79% below median its own 10-year median of 8.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Marshalls stock overvalued right now?
Based on GuruFocus' analysis, Marshalls (LSE:MSLH) is currently considered Significantly Undervalued. The stock's GF Value™ is £2.51, compared to a current price of £1.50 — trading 40.2% below its estimated fair value. The current Pretax Margin % is 1.92%, which is 79% below median its 10-year median of 8.98 and 67.7% below the Building Materials industry median of 5.94. Marshalls' overall GF Score™ is 64/100 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 Marshalls (LSE:MSLH), the current Pretax Margin % is 1.92% 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.

Is Marshalls (LSE:MSLH) Overvalued in 2026?

Based on GuruFocus' analysis, Marshalls stock appears to be undervalued. The current stock price of £1.50 is trading 40.2% below its estimated GF Value™ of £2.51. GuruFocus considers Marshalls to be Significantly Undervalued.

Key valuation signals for LSE:MSLH:

  • Pretax Margin %: 1.92% (79% below median its 10-year median of 8.98)
  • GF Value™: £2.51 vs. price of £1.50 (40.2% below fair value)
  • GF Score™: 64/100 with 3 warning signs
  • Industry Position: 67.7% below the Building Materials median (#242 of 403)

No single metric tells the full story. See the LSE:MSLH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Marshalls Business Description

Other Exchanges MSLHl:UK1QG:Germany
Address Landscape House, Premier Way, Lowfields Business Park, Elland, Halifax, West Yorkshire, GBR, HX5 9HT
Marshalls PLC manufactures landscape building and roofing products, which it sells to customers in both public sector/commercial and domestic end markets. The focus in the public sector and commercial business is on products for architects, local authorities, and contractors, for use in projects such as creating street furniture, paving, and water management. Domestic market customers range from do-it-yourselfers to professional landscapers, driveway installers, and garden designers. It supplies products like Concrete tiles, Clay tiles, Walling, and Concrete bricks, among others. The company has three reporting segments: Landscape Products, which generates key revenue; Building Products; and Roofing Products. It operates manufacturing sites and quarries throughout the United Kingdom.
64GF Score

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Pretax Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

£1.50
Price
£2.51
GF Value