Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Nu Holdings's Pre-Tax Income for the
three
months ended in Mar. 2026 was MXN17,209 Mil. Nu Holdings's Revenue for the
three
months ended in Mar. 2026 was MXN63,805 Mil. Therefore, Nu Holdings's pretax margin for the quarter that ended in Mar. 2026 was 26.97%.
The historical rank and industry rank for Nu Holdings's Pretax Margin % or its related term are showing as below:
MEX:NUN'
s Pretax Margin % Range Over the Past 10 Years
Min: -53.67 Med: -12.63 Max: 36.4
Current: 33.8
MEX:NUN's Pretax Margin % is ranked worse than 52.91% of 1527
companies
in the Banks industry
Industry Median: 34.88
vs MEX:NUN: 33.80
Nu Holdings (MEX:NUN) 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.
Nu Holdings Pretax Margin % Related Terms
Nu Holdings Pretax Margin % Historical Data
* Premium members only.
The historical data trend for Nu Holdings'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:NUN vs TFC, FITB, USB: Pretax Margin % Comparison
For the Banks - Regional subindustry, Nu Holdings'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.
Nu Holdings Pretax Margin % vs Banks Industry
For the Banks industry and Financial Services sector, Nu Holdings's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Nu Holdings'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.
Nu Holdings (MEX:NUN) has a Pretax Margin % of 26.97% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Nu Holdings and its competitors. According to the industry distribution chart, Nu Holdings ranks #808 out of 1527 companies in the Banks industry, placing it in the top 52.9%.
Is Nu Holdings' Pretax Margin % too high?
Nu Holdings' current Pretax Margin % is 26.97%. The Banks industry median Pretax Margin % is 34.88. Nu Holdings' value of 26.97% is 22.7% below this industry median. Based on the distribution chart, Nu Holdings ranks #808 out of 1527 companies in the Banks industry, which is below the industry midpoint. Overall, Nu Holdings has a GF Score™ of 73/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nu Holdings' Pretax Margin % compare to TFC and FITB?
According to the Banks industry distribution chart, Nu Holdings ranks #808 out of 1527 companies for Pretax Margin %. This places Nu Holdings in the lower half of its industry. The industry median Pretax Margin % is 34.88. Nu Holdings' value of 26.97% is 22.7% below this benchmark. 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 34.88, based on 1,527 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. Nu Holdings's current Pretax Margin % of 26.97% is 22.7% 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 Nu Holdings and its competitors. For the Banks industry, the median Pretax Margin % is 34.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nu Holdings's current Pretax Margin % is 26.97%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nu Holdings stock overvalued right now?
Based on GuruFocus' analysis, Nu Holdings (MEX:NUN) is currently considered Significantly Undervalued. The stock's GF Value™ is MXN444.06, compared to a current price of MXN220.80 — trading 50.3% below its estimated fair value. The current Pretax Margin % is 26.97% and 22.7% below the Banks industry median of 34.88. Nu Holdings' overall GF Score™ is 73/100 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 Nu Holdings (MEX:NUN), the current Pretax Margin % is 26.97% 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 Nu Holdings (MEX:NUN) Overvalued in 2026?
Based on GuruFocus' analysis, Nu Holdings stock appears to be undervalued.
The current stock price of MXN220.80 is trading 50.3% below its estimated GF Value™ of MXN444.06.
GuruFocus considers Nu Holdings to be Significantly Undervalued.
Key valuation signals for MEX:NUN:
Pretax Margin %: 26.97%
GF Value™: MXN444.06 vs. price of MXN220.80 (50.3% below fair value)
Industry Position: 22.7% below the Banks median (#808 of 1527)
No single metric tells the full story. See the MEX:NUN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nu Holdings Ltd is a Brazilian financial technology firm that offers digital banking services. Its services include Retail credit, SME credit, Payments, Customer assets, Insurance brokerage, E-commerce marketplace, and Mobile virtual network operator. It operates in single operating segment and geographically it operates in Brazil, Mexico, and Other countries with the majority of revenue deriving from Brazil.
73GF Score
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Pretax Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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