MetroMEX:MRUN 84 Pretax Margin % is 6.40% as of Mar. 2026, which is 5% above its 10-year median of 6.09. GuruFocus rates MEX:MRUN with a GF Score™ of 84/100 and a GF Value™ of MXN1,104.00. Among 310 Retail - Defensive companies, Metro ranks better than 75.16% on this metric.
Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Metro's Pre-Tax Income for the
three
months ended in Mar. 2026 was MXN4,298 Mil. Metro's Revenue for the
three
months ended in Mar. 2026 was MXN67,202 Mil. Therefore, Metro's pretax margin for the quarter that ended in Mar. 2026 was 6.40%.
The historical rank and industry rank for Metro's Pretax Margin % or its related term are showing as below:
MEX:MRUN'
s Pretax Margin % Range Over the Past 10 Years
Min: 5.78 Med: 6.09 Max: 14.44
Current: 5.99
MEX:MRUN's Pretax Margin % is ranked better than 75.16% of 310
companies
in the Retail - Defensive industry
Industry Median: 3.015
vs MEX:MRUN: 5.99
Metro (MEX:MRUN) 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.
Metro Pretax Margin % Related Terms
Metro Pretax Margin % Historical Data
* Premium members only.
The historical data trend for Metro'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:MRUN vs KR, SFM, ACI: Pretax Margin % Comparison
For the Grocery Stores subindustry, Metro'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.
Metro Pretax Margin % vs Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Metro's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Metro'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.
Metro (MEX:MRUN) has a Pretax Margin % of 6.40% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Metro and its competitors. This is near median its historical median of 6.09. Over the past decade, Metro's Pretax Margin % has ranged from 5.78 to 14.44. According to the industry distribution chart, Metro ranks #77 out of 310 companies in the Retail - Defensive industry, placing it in the top 24.8%.
Is Metro's Pretax Margin % too high?
Metro's current Pretax Margin % of 6.40% is near median its 10-year median of 6.09. Over the past 10 years, this metric has ranged from a low of 5.78 to a high of 14.44. The Retail - Defensive industry median Pretax Margin % is 3.02. Metro's value of 6.40% is 112.3% above this industry median. Based on the distribution chart, Metro ranks #77 out of 310 companies in the Retail - Defensive industry, which is in the top quartile — a strong position relative to peers. Overall, Metro has a GF Score™ of 84/100, reflecting its overall financial health beyond just this single metric.
How does Metro's Pretax Margin % compare to KR and SFM?
According to the Retail - Defensive industry distribution chart, Metro ranks #77 out of 310 companies for Pretax Margin %. This places Metro in the top 25% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 3.02. Metro's value of 6.40% is 112.3% above this benchmark. Historically, Metro's own Pretax Margin % has ranged from 5.78 to 14.44 over the past decade. While the company's 10-year median is 6.09 vs. the industry median of 3.02, Metro 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 Retail - Defensive company?
The median Pretax Margin % among Retail - Defensive companies is 3.02, based on 310 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. Metro's current Pretax Margin % of 6.40% is 112.3% 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 Metro and its competitors. For the Retail - Defensive industry, the median Pretax Margin % is 3.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Metro's current Pretax Margin % is 6.40%, which is near median its own 10-year median of 6.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Metro stock overvalued right now?
Metro (MEX:MRUN) has a current Pretax Margin % of 6.40%. The stock's GF Value™ is MXN1,104.00, compared to a current price of MXN1,065.12 — trading 3.5% below its estimated fair value. The current Pretax Margin % is 6.40%, which is near median its 10-year median of 6.09 and 112.3% above the Retail - Defensive industry median of 3.02. Metro's overall GF Score™ is 84/100. 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 Metro (MEX:MRUN), the current Pretax Margin % is 6.40% 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 Metro (MEX:MRUN) Overvalued in 2026?
Based on GuruFocus' analysis, Metro stock appears to be undervalued.
The current stock price of MXN1,065.12 is trading 3.5% below its estimated GF Value™ of MXN1,104.00.
Key valuation signals for MEX:MRUN:
Pretax Margin %: 6.40% (near median its 10-year median of 6.09)
GF Value™: MXN1,104.00 vs. price of MXN1,065.12 (3.5% below fair value)
Industry Position: 112.3% above the Retail - Defensive median (#77 of 310)
No single metric tells the full story. See the MEX:MRUN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Metro is the third-largest grocery retailer in Canada (behind Loblaws and Sobeys) and also owns the top pharmacy chain in Quebec, Jean Coutu, following the 2018 acquisition. Its grocery banners include supermarket chain Metro, discounters Super C and Food Basics, and ethnic food grocer Adonis, while its pharmacies primarily operate under the Jean Coutu and Brunet trademarks. Metro operates both as a food retailer and a franchisor, licensing its trademarks and supplying merchandise to registered pharmacists. The firm also acts as a wholesaler and distributor to serve smaller, neighborhood grocery stores. Unlike peers Loblaws and Sobeys that operate chain stores across Canada, Metro's operations are concentrated in Quebec and Ontario, with no presence in western Canada.
84GF Score
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