Russel MetalsRUSMF -6.91%79 Pretax Margin % is 6.39% as of Mar. 2026, which is 22% above its 10-year median of 5.23. GuruFocus rates RUSMF with a GF Score™ of 79/100 and a GF Value™ of $35.84 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 157 Industrial Distribution companies, Russel Metals ranks better than 54.14% on this metric.
Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Russel Metals's Pre-Tax Income for the
three
months ended in Mar. 2026 was $66 Mil. Russel Metals's Revenue for the
three
months ended in Mar. 2026 was $1,034 Mil. Therefore, Russel Metals's pretax margin for the quarter that ended in Mar. 2026 was 6.39%.
The historical rank and industry rank for Russel Metals's Pretax Margin % or its related term are showing as below:
RUSMF'
s Pretax Margin % Range Over the Past 10 Years
Min: 1.04 Med: 5.23 Max: 13.78
Current: 5.23
RUSMF's Pretax Margin % is ranked better than 54.14% of 157
companies
in the Industrial Distribution industry
Industry Median: 4.03
vs RUSMF: 5.23
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.
Russel Metals Pretax Margin % Related Terms
Russel Metals Pretax Margin % Historical Data
* Premium members only.
The historical data trend for Russel Metals'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.
RUSMF vs GWW, FAST, FERG: Pretax Margin % Comparison
For the Industrial Distribution subindustry, Russel Metals'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.
Russel Metals Pretax Margin % vs Industrial Distribution Industry
For the Industrial Distribution industry and Industrials sector, Russel Metals's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Russel Metals'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.
Russel Metals (RUSMF) has a Pretax Margin % of 6.39% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Russel Metals and its competitors. This is 22% above median its historical median of 5.23. Over the past decade, Russel Metals' Pretax Margin % has ranged from 1.04 to 13.78. According to the industry distribution chart, Russel Metals ranks #72 out of 157 companies in the Industrial Distribution industry, placing it in the top 45.9%.
Is Russel Metals' Pretax Margin % too high?
Russel Metals' current Pretax Margin % of 6.39% is 22% above median its 10-year median of 5.23. Over the past 10 years, this metric has ranged from a low of 1.04 to a high of 13.78. The Industrial Distribution industry median Pretax Margin % is 4.03. Russel Metals' value of 6.39% is 58.6% above this industry median. Based on the distribution chart, Russel Metals ranks #72 out of 157 companies in the Industrial Distribution industry, which is above the industry midpoint. Overall, Russel Metals has a GF Score™ of 79/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Russel Metals' Pretax Margin % compare to GWW and FAST?
According to the Industrial Distribution industry distribution chart, Russel Metals ranks #72 out of 157 companies for Pretax Margin %. This puts Russel Metals in the upper half of its industry. The industry median Pretax Margin % is 4.03. Russel Metals' value of 6.39% is 58.6% above this benchmark. Historically, Russel Metals' own Pretax Margin % has ranged from 1.04 to 13.78 over the past decade. While the company's 10-year median is 5.23 vs. the industry median of 4.03, Russel Metals 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 Industrial Distribution company?
The median Pretax Margin % among Industrial Distribution companies is 4.03, based on 157 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. Russel Metals's current Pretax Margin % of 6.39% is 58.6% 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 Russel Metals and its competitors. For the Industrial Distribution industry, the median Pretax Margin % is 4.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Russel Metals's current Pretax Margin % is 6.39%, which is 22% above median its own 10-year median of 5.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Russel Metals stock overvalued right now?
Based on GuruFocus' analysis, Russel Metals (RUSMF) is currently considered Modestly Overvalued. The stock's GF Value™ is $35.84, compared to a current price of $41.89 — trading 16.9% above its estimated fair value. The current Pretax Margin % is 6.39%, which is 22% above median its 10-year median of 5.23 and 58.6% above the Industrial Distribution industry median of 4.03. Russel Metals' overall GF Score™ is 79/100 with 8 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 Russel Metals (RUSMF), the current Pretax Margin % is 6.39% 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 Russel Metals (RUSMF) Overvalued in 2026?
Based on GuruFocus' analysis, Russel Metals stock appears to be overvalued.
The current stock price of $41.89 is trading 16.9% above its estimated GF Value™ of $35.84.
GuruFocus considers Russel Metals to be Modestly Overvalued.
Key valuation signals for RUSMF:
Pretax Margin %: 6.39% (22% above median its 10-year median of 5.23)
GF Value™: $35.84 vs. price of $41.89 (16.9% above fair value)
Industry Position: 58.6% above the Industrial Distribution median (#72 of 157)
No single metric tells the full story. See the RUSMF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Russel Metals Inc is a Canada-based metal distribution company. The company conducts business in Canada and the U.S. in three operating and reportable segments: Metals Service Centers, Energy Field Stores, and Steel Distributors. The majority of its revenue is generated from the Metals Service Centers segment, which carries an extensive line of metal products in a wide range of sizes, shapes, and specifications, including carbon hot rolled and cold finished steel, pipe and tubular products, stainless steel, aluminum, and other non-ferrous specialty metals. It purchases these products mainly from North American steel producers, processes, packages, and sells them to end users in accordance with their specific needs. Geographically, the company generates maximum revenue from Canada.
79GF Score
Get the complete analysis for RUSMF
Pretax Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
RUSMF has been successfully added to your 
