McMillan ShakespeareMCSLF 81 Pretax Margin % is 24.67% as of Dec. 2025, which is 9% above its 10-year median of 22.72. GuruFocus rates MCSLF with a GF Score™ of 81/100 and a GF Value™ of $12.55. The stock has 13 warning signs investors should review. Among 1,074 Business Services companies, McMillan Shakespeare ranks better than 93.39% on this metric.
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.
McMillan Shakespeare Pretax Margin % Related Terms
McMillan Shakespeare Pretax Margin % Historical Data
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The historical data trend for McMillan Shakespeare'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.
MCSLF vs KFY, RHI, TNET: Pretax Margin % Comparison
For the Staffing & Employment Services subindustry, McMillan Shakespeare'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.
McMillan Shakespeare Pretax Margin % vs Business Services Industry
For the Business Services industry and Industrials sector, McMillan Shakespeare's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where McMillan Shakespeare'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.
McMillan Shakespeare (MCSLF) has a Pretax Margin % of 24.67% as of Dec. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on McMillan Shakespeare and its competitors. This is near median its historical median of 22.72. Over the past decade, McMillan Shakespeare's Pretax Margin % has ranged from 6.13 to 31.42. According to the industry distribution chart, McMillan Shakespeare ranks #71 out of 1074 companies in the Business Services industry, placing it in the top 6.6%.
Is McMillan Shakespeare's Pretax Margin % too high?
McMillan Shakespeare's current Pretax Margin % of 24.67% is near median its 10-year median of 22.72. Over the past 10 years, this metric has ranged from a low of 6.13 to a high of 31.42. The Business Services industry median Pretax Margin % is 5.33. McMillan Shakespeare's value of 24.67% is 363.3% above this industry median. Based on the distribution chart, McMillan Shakespeare ranks #71 out of 1074 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, McMillan Shakespeare has a GF Score™ of 81/100, reflecting its overall financial health beyond just this single metric.
How does McMillan Shakespeare's Pretax Margin % compare to KFY and RHI?
According to the Business Services industry distribution chart, McMillan Shakespeare ranks #71 out of 1074 companies for Pretax Margin %. This places McMillan Shakespeare in the top 7% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 5.33. McMillan Shakespeare's value of 24.67% is 363.3% above this benchmark. Historically, McMillan Shakespeare's own Pretax Margin % has ranged from 6.13 to 31.42 over the past decade. While the company's 10-year median is 22.72 vs. the industry median of 5.33, McMillan Shakespeare 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 a Business Services company?
The median Pretax Margin % among Business Services companies is 5.33, based on 1,074 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. McMillan Shakespeare's current Pretax Margin % of 24.67% is 363.3% 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 McMillan Shakespeare and its competitors. For the Business Services industry, the median Pretax Margin % is 5.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. McMillan Shakespeare's current Pretax Margin % is 24.67%, which is near median its own 10-year median of 22.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is McMillan Shakespeare stock overvalued right now?
McMillan Shakespeare (MCSLF) has a current Pretax Margin % of 24.67%. The stock's GF Value™ is $12.55, compared to a current price of $9.90 — trading 21.1% below its estimated fair value. The current Pretax Margin % is 24.67%, which is near median its 10-year median of 22.72 and 363.3% above the Business Services industry median of 5.33. McMillan Shakespeare's overall GF Score™ is 81/100 with 13 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 McMillan Shakespeare (MCSLF), the current Pretax Margin % is 24.67% 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 McMillan Shakespeare (MCSLF) Overvalued in 2026?
Based on GuruFocus' analysis, McMillan Shakespeare stock appears to be undervalued.
The current stock price of $9.90 is trading 21.1% below its estimated GF Value™ of $12.55.
Key valuation signals for MCSLF:
Pretax Margin %: 24.67% (near median its 10-year median of 22.72)
GF Value™: $12.55 vs. price of $9.90 (21.1% below fair value)
Industry Position: 363.3% above the Business Services median (#71 of 1074)
No single metric tells the full story. See the MCSLF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
McMillan Shakespeare is a provider of salary packaging, novated leasing, disability plan management and support co-ordination, and fleet management services. It actively works to cross-sell its products to clients, for example, selling its salary packaging services to its fleet management customers in Australia and New Zealand. McMillan dominates Australia's salary packaging market together with Smartgroup (also covered by Morningstar), and is also a large provider of novated leasing services by volumes—together with Smartgroup and SG Fleet. The group has three operating segments: group remuneration services, asset management services, and plan and support services. Most of the group's revenue is generated from the group remuneration services segment.
81GF Score
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