Raymond James FinancialMEX:RJF 83 Pretax Margin % is 19.36% as of Mar. 2026, which is 5% above its 10-year median of 18.43. GuruFocus rates MEX:RJF with a GF Score™ of 83/100 and a GF Value™ of MXN3,570.92. The stock has 1 warning sign investors should review. Among 1,572 Asset Management companies, Raymond James Financial ranks worse than 75.57% on this metric.
The historical rank and industry rank for Raymond James Financial's Pretax Margin % or its related term are showing as below:
MEX:RJF'
s Pretax Margin % Range Over the Past 10 Years
Min: 13.34 Med: 18.43 Max: 20.91
Current: 19.04
MEX:RJF's Pretax Margin % is ranked worse than 75.57% of 1572
companies
in the Asset Management industry
Industry Median: 89.62
vs MEX:RJF: 19.04
Raymond James Financial (MEX:RJF) 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.
Raymond James Financial Pretax Margin % Related Terms
Raymond James Financial Pretax Margin % Historical Data
* 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:RJF vs NTRS, ARES, TROW: Pretax Margin % Comparison
For the Asset Management subindustry, Raymond James Financial'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.
Raymond James Financial Pretax Margin % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Raymond James Financial's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Raymond James Financial'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.
Raymond James Financial (MEX:RJF) has a Pretax Margin % of 19.36% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Raymond James Financial and its competitors. This is near median its historical median of 18.43. Over the past decade, Raymond James Financial's Pretax Margin % has ranged from 13.34 to 20.91. According to the industry distribution chart, Raymond James Financial ranks #1188 out of 1572 companies in the Asset Management industry, placing it in the top 75.6%.
Is Raymond James Financial's Pretax Margin % too high?
Raymond James Financial's current Pretax Margin % of 19.36% is near median its 10-year median of 18.43. Over the past 10 years, this metric has ranged from a low of 13.34 to a high of 20.91. The Asset Management industry median Pretax Margin % is 89.62. Raymond James Financial's value of 19.36% is 78.4% below this industry median. Based on the distribution chart, Raymond James Financial ranks #1188 out of 1572 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Raymond James Financial has a GF Score™ of 83/100, reflecting its overall financial health beyond just this single metric.
How does Raymond James Financial's Pretax Margin % compare to NTRS and ARES?
According to the Asset Management industry distribution chart, Raymond James Financial ranks #1188 out of 1572 companies for Pretax Margin %. This places Raymond James Financial in the lower half of its industry. The industry median Pretax Margin % is 89.62. Raymond James Financial's value of 19.36% is 78.4% below this benchmark. Historically, Raymond James Financial's own Pretax Margin % has ranged from 13.34 to 20.91 over the past decade. While the company's 10-year median is 18.43 vs. the industry median of 89.62, Raymond James Financial has consistently been below 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 an Asset Management company?
The median Pretax Margin % among Asset Management companies is 89.62, based on 1,572 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. Raymond James Financial's current Pretax Margin % of 19.36% is 78.4% 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 Raymond James Financial and its competitors. For the Asset Management industry, the median Pretax Margin % is 89.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Raymond James Financial's current Pretax Margin % is 19.36%, which is near median its own 10-year median of 18.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Raymond James Financial stock overvalued right now?
Raymond James Financial (MEX:RJF) has a current Pretax Margin % of 19.36%. The stock's GF Value™ is MXN3,570.92, compared to a current price of MXN3,173.26 — trading 11.1% below its estimated fair value. The current Pretax Margin % is 19.36%, which is near median its 10-year median of 18.43 and 78.4% below the Asset Management industry median of 89.62. Raymond James Financial's overall GF Score™ is 83/100 with 1 warning sign 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 Raymond James Financial (MEX:RJF), the current Pretax Margin % is 19.36% 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 Raymond James Financial (MEX:RJF) Overvalued in 2026?
Based on GuruFocus' analysis, Raymond James Financial stock appears to be undervalued.
The current stock price of MXN3,173.26 is trading 11.1% below its estimated GF Value™ of MXN3,570.92.
Key valuation signals for MEX:RJF:
Pretax Margin %: 19.36% (near median its 10-year median of 18.43)
GF Value™: MXN3,570.92 vs. price of MXN3,173.26 (11.1% below fair value)
Industry Position: 78.4% below the Asset Management median (#1188 of 1572)
No single metric tells the full story. See the MEX:RJF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Raymond James Financial is a diversified financial services firm that provides wealth management, investment banking, asset management, and capital markets services to individuals, corporations, and municipalities. The firm maintains an extensive catalogue of products and services across its business lines. However, the wealth management franchise generates the bulk of its revenues and earnings through a vast network of more than 8,900 independent and employee-affiliated advisors, who collectively managed over $1.7 trillion in client assets as of fiscal year-end 2025. While Raymond James maintains a global footprint, the company derives over 90% of its revenue and an even larger percentage of its operating income, from the United States.
83GF Score
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