Rathbones GroupLSE:RAT +1.14%74 Pretax Margin % is 19.11% as of Dec. 2025, which is 25% above its 10-year median of 15.31. GuruFocus rates LSE:RAT with a GF Score™ of 74/100 and a GF Value™ of £19.19 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 1,569 Asset Management companies, Rathbones Group ranks worse than 76.86% on this metric.
The historical rank and industry rank for Rathbones Group's Pretax Margin % or its related term are showing as below:
LSE:RAT'
s Pretax Margin % Range Over the Past 10 Years
Min: 10.09 Med: 15.31 Max: 21.84
Current: 16.56
LSE:RAT's Pretax Margin % is ranked worse than 76.86% of 1569
companies
in the Asset Management industry
Industry Median: 89.52
vs LSE:RAT: 16.56
Rathbones Group (LSE:RAT) 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.
Rathbones Group Pretax Margin % Related Terms
Rathbones Group Pretax Margin % Historical Data
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The historical data trend for Rathbones Group'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:RAT vs BLK, BX, KKR: Pretax Margin % Comparison
For the Asset Management subindustry, Rathbones Group'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.
Rathbones Group Pretax Margin % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Rathbones Group's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Rathbones Group'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.
Rathbones Group (LSE:RAT) has a Pretax Margin % of 19.11% as of Dec. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Rathbones Group and its competitors. This is 25% above median its historical median of 15.31. Over the past decade, Rathbones Group's Pretax Margin % has ranged from 10.09 to 21.84. According to the industry distribution chart, Rathbones Group ranks #1206 out of 1569 companies in the Asset Management industry, placing it in the top 76.9%.
Is Rathbones Group's Pretax Margin % too high?
Rathbones Group's current Pretax Margin % of 19.11% is 25% above median its 10-year median of 15.31. Over the past 10 years, this metric has ranged from a low of 10.09 to a high of 21.84. The Asset Management industry median Pretax Margin % is 89.52. Rathbones Group's value of 19.11% is 78.7% below this industry median. Based on the distribution chart, Rathbones Group ranks #1206 out of 1569 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Rathbones Group has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Rathbones Group's Pretax Margin % compare to BLK and BX?
According to the Asset Management industry distribution chart, Rathbones Group ranks #1206 out of 1569 companies for Pretax Margin %. This places Rathbones Group in the lower half of its industry. The industry median Pretax Margin % is 89.52. Rathbones Group's value of 19.11% is 78.7% below this benchmark. Historically, Rathbones Group's own Pretax Margin % has ranged from 10.09 to 21.84 over the past decade. While the company's 10-year median is 15.31 vs. the industry median of 89.52, Rathbones Group 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 89.52, based on 1,569 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. Rathbones Group's current Pretax Margin % of 19.11% is 78.7% 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 Rathbones Group and its competitors. For the Asset Management industry, the median Pretax Margin % is 89.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rathbones Group's current Pretax Margin % is 19.11%, which is 25% above median its own 10-year median of 15.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rathbones Group stock overvalued right now?
Based on GuruFocus' analysis, Rathbones Group (LSE:RAT) is currently considered Modestly Undervalued. The stock's GF Value™ is £19.19, compared to a current price of £16.02 — trading 16.5% below its estimated fair value. The current Pretax Margin % is 19.11%, which is 25% above median its 10-year median of 15.31 and 78.7% below the Asset Management industry median of 89.52. Rathbones Group's overall GF Score™ is 74/100 with 1 warning sign 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 Rathbones Group (LSE:RAT), the current Pretax Margin % is 19.11% 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 Rathbones Group (LSE:RAT) Overvalued in 2026?
Based on GuruFocus' analysis, Rathbones Group stock appears to be undervalued.
The current stock price of £16.02 is trading 16.5% below its estimated GF Value™ of £19.19.
GuruFocus considers Rathbones Group to be Modestly Undervalued.
Key valuation signals for LSE:RAT:
Pretax Margin %: 19.11% (25% above median its 10-year median of 15.31)
GF Value™: £19.19 vs. price of £16.02 (16.5% below fair value)
Industry Position: 78.7% below the Asset Management median (#1206 of 1569)
No single metric tells the full story. See the LSE:RAT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Rathbones Group PLC provides investment and wealth management services to private clients, charities, trustees, and professional partners. The group also provides other banking, financial advisory, tax, legal, and trust services. Alongside investment management services, the company provides unit trust and multi-asset fund products sold through intermediaries to the retail sector.
74GF Score
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