John Hancock Premium Div FundPDT +0.32%24 Pretax Margin % is 98.05% as of Oct. 2025, which is 1% below its 10-year median of 98.88. GuruFocus rates PDT with a GF Score™ of 24/100. The stock has 7 warning signs investors should review. Among 1,579 Asset Management companies, John Hancock Premium Div Fund ranks better than 62.95% on this metric.
The historical rank and industry rank for John Hancock Premium Div Fund's Pretax Margin % or its related term are showing as below:
PDT'
s Pretax Margin % Range Over the Past 10 Years
Min: 67.19 Med: 98.88 Max: 104.01
Current: 97.14
PDT's Pretax Margin % is ranked better than 62.95% of 1579
companies
in the Asset Management industry
Industry Median: 89.43
vs PDT: 97.14
John Hancock Premium Div Fund (NYSE:PDT) 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.
John Hancock Premium Div Fund Pretax Margin % Related Terms
John Hancock Premium Div Fund 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.
John Hancock Premium Div Fund Pretax Margin % Chart
PDT vs GAIN, GCMG, NCDL: Pretax Margin % Comparison
For the Asset Management subindustry, John Hancock Premium Div 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.
John Hancock Premium Div Fund Pretax Margin % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, John Hancock Premium Div Fund's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where John Hancock Premium Div 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.
John Hancock Premium Div Fund (PDT) has a Pretax Margin % of 98.05% as of Oct. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on John Hancock Premium Div Fund and its competitors. This is near median its historical median of 98.88. Over the past decade, John Hancock Premium Div Fund's Pretax Margin % has ranged from 67.19 to 104.01. According to the industry distribution chart, John Hancock Premium Div Fund ranks #585 out of 1579 companies in the Asset Management industry, placing it in the top 37%.
Is John Hancock Premium Div Fund's Pretax Margin % too high?
John Hancock Premium Div Fund's current Pretax Margin % of 98.05% is near median its 10-year median of 98.88. Over the past 10 years, this metric has ranged from a low of 67.19 to a high of 104.01. The Asset Management industry median Pretax Margin % is 89.43. John Hancock Premium Div Fund's value of 98.05% is 9.6% above this industry median. Based on the distribution chart, John Hancock Premium Div Fund ranks #585 out of 1579 companies in the Asset Management industry, which is above the industry midpoint. Overall, John Hancock Premium Div Fund has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.
How does John Hancock Premium Div Fund's Pretax Margin % compare to GAIN and GCMG?
According to the Asset Management industry distribution chart, John Hancock Premium Div Fund ranks #585 out of 1579 companies for Pretax Margin %. This puts John Hancock Premium Div Fund in the upper half of its industry. The industry median Pretax Margin % is 89.43. John Hancock Premium Div Fund's value of 98.05% is 9.6% above this benchmark. Historically, John Hancock Premium Div Fund's own Pretax Margin % has ranged from 67.19 to 104.01 over the past decade. While the company's 10-year median is 98.88 vs. the industry median of 89.43, John Hancock Premium Div 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 89.43, based on 1,579 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. John Hancock Premium Div Fund's current Pretax Margin % of 98.05% is 9.6% 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 John Hancock Premium Div Fund and its competitors. For the Asset Management industry, the median Pretax Margin % is 89.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. John Hancock Premium Div Fund's current Pretax Margin % is 98.05%, which is near median its own 10-year median of 98.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is John Hancock Premium Div Fund stock overvalued right now?
John Hancock Premium Div Fund (PDT) has a current Pretax Margin % of 98.05%. The current Pretax Margin % is 98.05%, which is near median its 10-year median of 98.88 and 9.6% above the Asset Management industry median of 89.43. John Hancock Premium Div Fund's overall GF Score™ is 24/100 with 7 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 John Hancock Premium Div Fund (PDT), the current Pretax Margin % is 98.05% as of Oct. 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.
John Hancock Premium Div Fund Business Description
John Hancock Premium Div Fund is a United States-based closed-end management investment company. It seeks to provide a high current income consistent with modest capital growth. The fund will pursue its objective by investing in a diversified portfolio comprised of dividend-paying preferred securities and common equity securities. The portfolio composition of the fund consists of preferred securities, common stocks, corporate bonds, capital preferred securities, and short-term investments.
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