Trend MicroMEX:4704N 79 Pretax Margin % is 24.03% as of Mar. 2026, which is 4% above its 10-year median of 23.04. GuruFocus rates MEX:4704N with a GF Score™ of 79/100 and a GF Value™ of MXN1,797.92. The stock has 2 warning signs investors should review. Among 2,825 Software companies, Trend Micro ranks better than 87.08% on this metric.
Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Trend Micro's Pre-Tax Income for the
three
months ended in Mar. 2026 was MXN2,016 Mil. Trend Micro's Revenue for the
three
months ended in Mar. 2026 was MXN8,393 Mil. Therefore, Trend Micro's pretax margin for the quarter that ended in Mar. 2026 was 24.03%.
The historical rank and industry rank for Trend Micro's Pretax Margin % or its related term are showing as below:
MEX:4704N'
s Pretax Margin % Range Over the Past 10 Years
Min: 12.86 Med: 23.04 Max: 27.51
Current: 20.48
MEX:4704N's Pretax Margin % is ranked better than 87.08% of 2825
companies
in the Software industry
Industry Median: 3.53
vs MEX:4704N: 20.48
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.
Trend Micro Pretax Margin % Related Terms
Trend Micro Pretax Margin % Historical Data
* Premium members only.
The historical data trend for Trend Micro'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.
MEX:4704N vs MSFT, ORCL, PLTR: Pretax Margin % Comparison
For the Software - Infrastructure subindustry, Trend Micro'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.
Trend Micro Pretax Margin % vs Software Industry
For the Software industry and Technology sector, Trend Micro's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Trend Micro'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.
Trend Micro (MEX:4704N) has a Pretax Margin % of 24.03% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Trend Micro and its competitors. This is near median its historical median of 23.04. Over the past decade, Trend Micro's Pretax Margin % has ranged from 12.86 to 27.51. According to the industry distribution chart, Trend Micro ranks #365 out of 2825 companies in the Software industry, placing it in the top 12.9%.
Is Trend Micro's Pretax Margin % too high?
Trend Micro's current Pretax Margin % of 24.03% is near median its 10-year median of 23.04. Over the past 10 years, this metric has ranged from a low of 12.86 to a high of 27.51. The Software industry median Pretax Margin % is 3.53. Trend Micro's value of 24.03% is 580.7% above this industry median. Based on the distribution chart, Trend Micro ranks #365 out of 2825 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Trend Micro has a GF Score™ of 79/100, reflecting its overall financial health beyond just this single metric.
How does Trend Micro's Pretax Margin % compare to MSFT and ORCL?
According to the Software industry distribution chart, Trend Micro ranks #365 out of 2825 companies for Pretax Margin %. This places Trend Micro in the top 13% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 3.53. Trend Micro's value of 24.03% is 580.7% above this benchmark. Historically, Trend Micro's own Pretax Margin % has ranged from 12.86 to 27.51 over the past decade. While the company's 10-year median is 23.04 vs. the industry median of 3.53, Trend Micro 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 Software company?
The median Pretax Margin % among Software companies is 3.53, based on 2,825 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. Trend Micro's current Pretax Margin % of 24.03% is 580.7% 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 Trend Micro and its competitors. For the Software industry, the median Pretax Margin % is 3.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Trend Micro's current Pretax Margin % is 24.03%, which is near median its own 10-year median of 23.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Trend Micro stock overvalued right now?
Trend Micro (MEX:4704N) has a current Pretax Margin % of 24.03%. The stock's GF Value™ is MXN1,797.92, compared to a current price of MXN1,120.16 — trading 37.7% below its estimated fair value. The current Pretax Margin % is 24.03%, which is near median its 10-year median of 23.04 and 580.7% above the Software industry median of 3.53. Trend Micro's overall GF Score™ is 79/100 with 2 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 Trend Micro (MEX:4704N), the current Pretax Margin % is 24.03% 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 Trend Micro (MEX:4704N) Overvalued in 2026?
Based on GuruFocus' analysis, Trend Micro stock appears to be undervalued.
The current stock price of MXN1,120.16 is trading 37.7% below its estimated GF Value™ of MXN1,797.92.
Key valuation signals for MEX:4704N:
Pretax Margin %: 24.03% (near median its 10-year median of 23.04)
GF Value™: MXN1,797.92 vs. price of MXN1,120.16 (37.7% below fair value)
Industry Position: 580.7% above the Software median (#365 of 2825)
No single metric tells the full story. See the MEX:4704N stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Trend Micro Inc provides antivirus and other security products that protect the flow of information on PCs, file servers, e-mail servers, and the Internet gateway. The company operates through four geographic segments: Japan, North America, Europe, and Asia-Pacific.
79GF Score
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