Recordati SpA (MEX:RECN) Pretax Margin %: 28.14% (As of Mar. 2026) — Near Median


MEX:RECN Recordati SpA MEX:RECN
71 GF Score
Price MXN1,019.79
GF Value MXN1,150.23
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Recordati SpA Pretax Margin %?

Recordati SpA MEX:RECN 71 Pretax Margin % is 28.14% as of Mar. 2026, which is 1% below its 10-year median of 28.41. GuruFocus rates MEX:RECN with a GF Score™ of 71/100 and a GF Value™ of MXN1,150.23 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 955 Drug Manufacturers companies, Recordati SpA ranks better than 85.86% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Recordati SpA's Pre-Tax Income for the three months ended in Mar. 2026 was MXN4,185 Mil. Recordati SpA's Revenue for the three months ended in Mar. 2026 was MXN14,873 Mil. Therefore, Recordati SpA's pretax margin for the quarter that ended in Mar. 2026 was 28.14%.

The historical rank and industry rank for Recordati SpA's Pretax Margin % or its related term are showing as below:

MEX:RECN' s Pretax Margin % Range Over the Past 10 Years
Min: 21.66   Med: 28.41   Max: 31.45
Current: 23.27


MEX:RECN's Pretax Margin % is ranked better than
85.86% of 955 companies
in the Drug Manufacturers industry
Industry Median: 7.28 vs MEX:RECN: 23.27

Recordati SpA  (MEX:RECN) 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.


Recordati SpA Pretax Margin % Related Terms


Recordati SpA Pretax Margin % Historical Data

* Premium members only.

The historical data trend for Recordati SpA'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.

Recordati SpA Pretax Margin % Chart

Recordati SpA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 29.32 21.66 23.58 23.37 22.20

Recordati SpA Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 24.25 18.56 22.92 22.95 28.14

MEX:RECN vs LLY, JNJ, ABBV: Pretax Margin % Comparison

For the Drug Manufacturers - General subindustry, Recordati SpA'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.


Recordati SpA Pretax Margin % vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Recordati SpA's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Recordati SpA's Pretax Margin % falls into.


MEX:RECN
71GF Score
Recordati SpA MEX:RECN
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Recordati SpA Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Recordati SpA's Pretax Margin for the fiscal year that ended in Dec. 2025 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=12255.557/55205.877
=22.20 %

Recordati SpA's Pretax Margin for the quarter that ended in Mar. 2026 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=4185.067/14872.787
=28.14 %

* 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.

Frequently Asked Questions Learn more about Pretax Margin % →
What does a Pretax Margin % of 28.14% mean?
Recordati SpA (MEX:RECN) has a Pretax Margin % of 28.14% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Recordati SpA and its competitors. This is near median its historical median of 28.41. Over the past decade, Recordati SpA's Pretax Margin % has ranged from 21.66 to 31.45. According to the industry distribution chart, Recordati SpA ranks #135 out of 955 companies in the Drug Manufacturers industry, placing it in the top 14.1%.
Is Recordati SpA's Pretax Margin % too high?
Recordati SpA's current Pretax Margin % of 28.14% is near median its 10-year median of 28.41. Over the past 10 years, this metric has ranged from a low of 21.66 to a high of 31.45. The Drug Manufacturers industry median Pretax Margin % is 7.28. Recordati SpA's value of 28.14% is 286.5% above this industry median. Based on the distribution chart, Recordati SpA ranks #135 out of 955 companies in the Drug Manufacturers industry, which is in the top quartile — a strong position relative to peers. Overall, Recordati SpA has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Recordati SpA's Pretax Margin % compare to LLY and JNJ?
According to the Drug Manufacturers industry distribution chart, Recordati SpA ranks #135 out of 955 companies for Pretax Margin %. This places Recordati SpA in the top 14% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 7.28. Recordati SpA's value of 28.14% is 286.5% above this benchmark. Historically, Recordati SpA's own Pretax Margin % has ranged from 21.66 to 31.45 over the past decade. While the company's 10-year median is 28.41 vs. the industry median of 7.28, Recordati SpA 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 Drug Manufacturers company?
The median Pretax Margin % among Drug Manufacturers companies is 7.28, based on 955 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. Recordati SpA's current Pretax Margin % of 28.14% is 286.5% 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 Recordati SpA and its competitors. For the Drug Manufacturers industry, the median Pretax Margin % is 7.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Recordati SpA's current Pretax Margin % is 28.14%, which is near median its own 10-year median of 28.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Recordati SpA stock overvalued right now?
Based on GuruFocus' analysis, Recordati SpA (MEX:RECN) is currently considered Modestly Undervalued. The stock's GF Value™ is MXN1,150.23, compared to a current price of MXN1,019.79 — trading 11.3% below its estimated fair value. The current Pretax Margin % is 28.14%, which is near median its 10-year median of 28.41 and 286.5% above the Drug Manufacturers industry median of 7.28. Recordati SpA's overall GF Score™ is 71/100 with 3 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 Recordati SpA (MEX:RECN), the current Pretax Margin % is 28.14% 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 Recordati SpA (MEX:RECN) Overvalued in 2026?

Based on GuruFocus' analysis, Recordati SpA stock appears to be undervalued. The current stock price of MXN1,019.79 is trading 11.3% below its estimated GF Value™ of MXN1,150.23. GuruFocus considers Recordati SpA to be Modestly Undervalued.

Key valuation signals for MEX:RECN:

  • Pretax Margin %: 28.14% (near median its 10-year median of 28.41)
  • GF Value™: MXN1,150.23 vs. price of MXN1,019.79 (11.3% below fair value)
  • GF Score™: 71/100 with 3 warning signs
  • Industry Position: 286.5% above the Drug Manufacturers median (#135 of 955)

No single metric tells the full story. See the MEX:RECN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Recordati SpA Business Description

Address Via Matteo Civitali 1, MIlan, ITA, 20148
Recordati SpA is engaged in the development, production, and marketing of pharmaceutical products or of pharmaceutical chemicals. The Company operates in a broad and diverse context, which includes general medicine, specialist medicine, self-medication, and rare diseases. In addition, it is also active in the field of urology, with treatments for benign prostatic hyperplasia and male functional disorders, and in psychiatry. The Company's only operating segment is the Specialty & Primary Care segment. Its geographic areas are Europe, Australasia, America, and Africa.
71GF Score

Get the complete analysis for MEX:RECN

Pretax Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN1,019.79
Price
MXN1,150.23
GF Value