Pcm FundPCM +0.27%29 Pretax Margin % is 99.83% as of Dec. 2025, which is 0% below its 10-year median of 99.91. GuruFocus rates PCM with a GF Score™ of 29/100. The stock has 3 warning signs investors should review. Among 1,580 Asset Management companies, Pcm Fund ranks better than 82.09% on this metric.
Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Pcm Fund's Pre-Tax Income for the
six
months ended in Dec. 2025 was $4.03 Mil. Pcm Fund's Revenue for the
six
months ended in Dec. 2025 was $4.04 Mil. Therefore, Pcm Fund's pretax margin for the quarter that ended in Dec. 2025 was 99.83%.
The historical rank and industry rank for Pcm Fund's Pretax Margin % or its related term are showing as below:
PCM'
s Pretax Margin % Range Over the Past 10 Years
Min: 99.76 Med: 99.91 Max: 116.67
Current: 99.82
PCM's Pretax Margin % is ranked better than 82.09% of 1580
companies
in the Asset Management industry
Industry Median: 89.475
vs PCM: 99.82
Pcm Fund (NYSE:PCM) 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.
Pcm Fund Pretax Margin % Related Terms
Pcm Fund Pretax Margin % Historical Data
* Premium members only.
The historical data trend for Pcm Fund'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.
For the Asset Management subindustry, Pcm Fund'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.
Pcm Fund Pretax Margin % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Pcm Fund's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Pcm Fund'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.
Pcm Fund (PCM) has a Pretax Margin % of 99.83% as of Dec. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Pcm Fund and its competitors. This is near median its historical median of 99.91. Over the past decade, Pcm Fund's Pretax Margin % has ranged from 99.76 to 116.67. According to the industry distribution chart, Pcm Fund ranks #283 out of 1580 companies in the Asset Management industry, placing it in the top 17.9%.
Is Pcm Fund's Pretax Margin % too high?
Pcm Fund's current Pretax Margin % of 99.83% is near median its 10-year median of 99.91. Over the past 10 years, this metric has ranged from a low of 99.76 to a high of 116.67. The Asset Management industry median Pretax Margin % is 89.48. Pcm Fund's value of 99.83% is 11.6% above this industry median. Based on the distribution chart, Pcm Fund ranks #283 out of 1580 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Pcm Fund has a GF Score™ of 29/100, reflecting its overall financial health beyond just this single metric.
How does Pcm Fund's Pretax Margin % compare to VLT and GEG?
According to the Asset Management industry distribution chart, Pcm Fund ranks #283 out of 1580 companies for Pretax Margin %. This places Pcm Fund in the top 18% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 89.48. Pcm Fund's value of 99.83% is 11.6% above this benchmark. Historically, Pcm Fund's own Pretax Margin % has ranged from 99.76 to 116.67 over the past decade. While the company's 10-year median is 99.91 vs. the industry median of 89.48, Pcm Fund 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 an Asset Management company?
The median Pretax Margin % among Asset Management companies is 89.48, based on 1,580 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. Pcm Fund's current Pretax Margin % of 99.83% is 11.6% 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 Pcm Fund and its competitors. For the Asset Management industry, the median Pretax Margin % is 89.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pcm Fund's current Pretax Margin % is 99.83%, which is near median its own 10-year median of 99.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pcm Fund stock overvalued right now?
Pcm Fund (PCM) has a current Pretax Margin % of 99.83%. The current Pretax Margin % is 99.83%, which is near median its 10-year median of 99.91 and 11.6% above the Asset Management industry median of 89.48. Pcm Fund's overall GF Score™ is 29/100 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 Pcm Fund (PCM), the current Pretax Margin % is 99.83% as of Dec. 2025. 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.
Pcm Fund Inc is a closed-end investment management company. Its investment objective is to seek current income as a primary focus and also capital appreciation. The Fund invests in agency-guaranteed mortgage-backed securities, private-label mortgage-backed securities, high-yield corporate debt securities, and commercial mortgage-backed securities.
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