Nationwide Building Society (LSE:NBS) Pretax Margin %: 30.72% (As of Mar. 2026) — Near Median


LSE:NBS Nationwide Building Society LSE:NBS
57 GF Score
Price £129.00
GF Value £178.26
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Nationwide Building Society Pretax Margin %?

Nationwide Building Society LSE:NBS 57 Pretax Margin % is 30.72% as of Mar. 2026, which is 2% below its 10-year median of 31.35. GuruFocus rates LSE:NBS with a GF Score™ of 57/100 and a GF Value™ of £178.26 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,528 Banks companies, Nationwide Building Society ranks worse than 75.39% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Nationwide Building Society's Pre-Tax Income for the six months ended in Mar. 2026 was £1,004 Mil. Nationwide Building Society's Revenue for the six months ended in Mar. 2026 was £3,268 Mil. Therefore, Nationwide Building Society's pretax margin for the quarter that ended in Mar. 2026 was 30.72%.

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

LSE:NBS' s Pretax Margin % Range Over the Past 10 Years
Min: 15.35   Med: 31.35   Max: 47.76
Current: 23.36


LSE:NBS's Pretax Margin % is ranked worse than
75.39% of 1528 companies
in the Banks industry
Industry Median: 34.715 vs LSE:NBS: 23.36

Nationwide Building Society  (LSE:NBS) 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.


Nationwide Building Society Pretax Margin % Related Terms


Nationwide Building Society Pretax Margin % Historical Data

* Premium members only.

The historical data trend for Nationwide Building Society'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.

Nationwide Building Society Pretax Margin % Chart

Nationwide Building Society Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 41.41 47.76 37.48 44.41 23.36

Nationwide Building Society Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 35.45 26.43 57.13 15.62 30.72

Nationwide Building Society Pretax Margin % Competitor Comparison

For the Banks - Regional subindustry, Nationwide Building Society'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.


Nationwide Building Society Pretax Margin % vs Banks Industry

For the Banks industry and Financial Services sector, Nationwide Building Society's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Nationwide Building Society's Pretax Margin % falls into.


LSE:NBS
57GF Score
Nationwide Building Society LSE:NBS
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nationwide Building Society 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.

Nationwide Building Society's Pretax Margin for the fiscal year that ended in Mar. 2026 is calculated as

Pretax Margin=Pre-Tax Income (A: Mar. 2026 )/Revenue (A: Mar. 2026 )
=1490/6379
=23.36 %

Nationwide Building Society's Pretax Margin for the quarter that ended in Mar. 2026 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=1004/3268
=30.72 %

* 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 30.72% mean?
Nationwide Building Society (LSE:NBS) has a Pretax Margin % of 30.72% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Nationwide Building Society and its competitors. This is near median its historical median of 31.35. Over the past decade, Nationwide Building Society's Pretax Margin % has ranged from 15.35 to 47.76. According to the industry distribution chart, Nationwide Building Society ranks #1152 out of 1528 companies in the Banks industry, placing it in the top 75.4%.
Is Nationwide Building Society's Pretax Margin % too high?
Nationwide Building Society's current Pretax Margin % of 30.72% is near median its 10-year median of 31.35. Over the past 10 years, this metric has ranged from a low of 15.35 to a high of 47.76. The Banks industry median Pretax Margin % is 34.72. Nationwide Building Society's value of 30.72% is 11.5% below this industry median. Based on the distribution chart, Nationwide Building Society ranks #1152 out of 1528 companies in the Banks industry, which is in the bottom quartile relative to peers. Overall, Nationwide Building Society has a GF Score™ of 57/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nationwide Building Society's Pretax Margin % compare to competitors?
According to the Banks industry distribution chart, Nationwide Building Society ranks #1152 out of 1528 companies for Pretax Margin %. This places Nationwide Building Society in the lower half of its industry. The industry median Pretax Margin % is 34.72. Nationwide Building Society's value of 30.72% is 11.5% below this benchmark. Historically, Nationwide Building Society's own Pretax Margin % has ranged from 15.35 to 47.76 over the past decade. While the company's 10-year median is 31.35 vs. the industry median of 34.72, Nationwide Building Society 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 Banks company?
The median Pretax Margin % among Banks companies is 34.72, based on 1,528 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. Nationwide Building Society's current Pretax Margin % of 30.72% is 11.5% 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 Nationwide Building Society and its competitors. For the Banks industry, the median Pretax Margin % is 34.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nationwide Building Society's current Pretax Margin % is 30.72%, which is near median its own 10-year median of 31.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nationwide Building Society stock overvalued right now?
Based on GuruFocus' analysis, Nationwide Building Society (LSE:NBS) is currently considered Modestly Undervalued. The stock's GF Value™ is £178.26, compared to a current price of £129.00 — trading 27.6% below its estimated fair value. The current Pretax Margin % is 30.72%, which is near median its 10-year median of 31.35 and 11.5% below the Banks industry median of 34.72. Nationwide Building Society's overall GF Score™ is 57/100 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 Nationwide Building Society (LSE:NBS), the current Pretax Margin % is 30.72% as of Mar. 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.

Is Nationwide Building Society (LSE:NBS) Overvalued in 2026?

Based on GuruFocus' analysis, Nationwide Building Society stock appears to be undervalued. The current stock price of £129.00 is trading 27.6% below its estimated GF Value™ of £178.26. GuruFocus considers Nationwide Building Society to be Modestly Undervalued.

Key valuation signals for LSE:NBS:

  • Pretax Margin %: 30.72% (near median its 10-year median of 31.35)
  • GF Value™: £178.26 vs. price of £129.00 (27.6% below fair value)
  • GF Score™: 57/100 with 3 warning signs
  • Industry Position: 11.5% below the Banks median (#1152 of 1528)

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


Nationwide Building Society Business Description

Address Nationwide House, Pipers Way, Swindon, GBR, SN38 1NW
Nationwide Building Society is engaged in providing financial services. Its products include current accounts, savings accounts, loans, credit cards, mortgages, investments, and insurance products.
57GF Score

Get the complete analysis for LSE:NBS

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

£129.00
Price
£178.26
GF Value