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Rand CapitalRAND -2.05%26 Pretax Margin % is 79.19% as of Jun. 2026, which is 7% below its 10-year median of 85.51. GuruFocus rates RAND with a GF Score™ of 26/100. The stock has 3 warning signs investors should review. Among 1,567 Asset Management companies, Rand Capital ranks worse than 84.75% on this metric.
Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Rand Capital's Pre-Tax Income for the
three
months ended in Jun. 2026 was $1.40 Mil. Rand Capital's Revenue for the
three
months ended in Jun. 2026 was $1.77 Mil. Therefore, Rand Capital's pretax margin for the quarter that ended in Jun. 2026 was 79.19%.
The historical rank and industry rank for Rand Capital's Pretax Margin % or its related term are showing as below:
RAND'
s Pretax Margin % Range Over the Past 10 Years
Min: -91.18 Med: 85.51 Max: 317.39
Current: 1.38
RAND's Pretax Margin % is ranked worse than 84.75% of 1567
companies
in the Asset Management industry
Industry Median: 91.21
vs RAND: 1.38
Rand Capital (NAS:RAND) 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.
Rand Capital Pretax Margin % Related Terms
Rand Capital Pretax Margin % Historical Data
* Premium members only.
The historical data trend for Rand Capital'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.
RAND vs SDEV, TRLC, HERZ: Pretax Margin % Comparison
For the Asset Management subindustry, Rand Capital'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.
Rand Capital Pretax Margin % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Rand Capital's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Rand Capital'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.
Rand Capital (RAND) has a Pretax Margin % of 79.19% as of Jun. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Rand Capital and its competitors. This is near median its historical median of 85.51. According to the industry distribution chart, Rand Capital ranks #1328 out of 1567 companies in the Asset Management industry, placing it in the top 84.7%.
Is Rand Capital's Pretax Margin % too high?
Rand Capital's current Pretax Margin % of 79.19% is near median its 10-year median of 85.51. The Asset Management industry median Pretax Margin % is 91.21. Rand Capital's value of 79.19% is 13.2% below this industry median. Based on the distribution chart, Rand Capital ranks #1328 out of 1567 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Rand Capital has a GF Score™ of 26/100, reflecting its overall financial health beyond just this single metric.
How does Rand Capital's Pretax Margin % compare to SDEV and TRLC?
According to the Asset Management industry distribution chart, Rand Capital ranks #1328 out of 1567 companies for Pretax Margin %. This places Rand Capital in the lower half of its industry. The industry median Pretax Margin % is 91.21. Rand Capital's value of 79.19% is 13.2% below this benchmark. While the company's 10-year median is 85.51 vs. the industry median of 91.21, Rand Capital 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 91.21, based on 1,567 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. Rand Capital's current Pretax Margin % of 79.19% is 13.2% 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 Rand Capital and its competitors. For the Asset Management industry, the median Pretax Margin % is 91.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rand Capital's current Pretax Margin % is 79.19%, which is near median its own 10-year median of 85.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rand Capital stock overvalued right now?
Rand Capital (RAND) has a current Pretax Margin % of 79.19%. The current Pretax Margin % is 79.19%, which is near median its 10-year median of 85.51 and 13.2% below the Asset Management industry median of 91.21. Rand Capital's overall GF Score™ is 26/100 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 Rand Capital (RAND), the current Pretax Margin % is 79.19% as of Jun. 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.
Rand Capital Corp is a closed-end, externally managed, non-diversified investment company. Its investment objective is to generate current income and, when possible, complement its current income with capital appreciation by focusing its debt and related equity investments in privately-held, lower middle market companies with committed and experienced managements in a broad variety of industries. It predominantly invests in higher-yielding debt instruments.
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