SDZXF (Sandoz Group AG) Pretax Margin %: 11.93% (As of Dec. 2025) — 97% Above Median


SDZXF Sandoz Group AG SDZXF
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What is Sandoz Group AG Pretax Margin %?

Sandoz Group AG SDZXF 18 Pretax Margin % is 11.93% as of Dec. 2025, which is 97% above its 10-year median of 6.06. GuruFocus rates SDZXF with a GF Score™ of 18/100. The stock has 6 warning signs investors should review. Among 955 Drug Manufacturers companies, Sandoz Group AG ranks better than 60.42% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Sandoz Group AG's Pre-Tax Income for the six months ended in Dec. 2025 was $703 Mil. Sandoz Group AG's Revenue for the six months ended in Dec. 2025 was $5,892 Mil. Therefore, Sandoz Group AG's pretax margin for the quarter that ended in Dec. 2025 was 11.93%.

The historical rank and industry rank for Sandoz Group AG's Pretax Margin % or its related term are showing as below:

SDZXF' s Pretax Margin % Range Over the Past 10 Years
Min: -0.11   Med: 6.06   Max: 11.84
Current: 10.81


SDZXF's Pretax Margin % is ranked better than
60.42% of 955 companies
in the Drug Manufacturers industry
Industry Median: 7.28 vs SDZXF: 10.81

Sandoz Group AG  (OTCPK:SDZXF) 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.


Sandoz Group AG Pretax Margin % Related Terms


Sandoz Group AG Pretax Margin % Historical Data

* Premium members only.

The historical data trend for Sandoz Group AG'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.

Sandoz Group AG Pretax Margin % Chart

Sandoz Group AG Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Pretax Margin %
11.84 1.30 -0.11 10.82

Sandoz Group AG Semi-Annual Data
Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Pretax Margin % Get a 7-Day Free Trial -4.59 4.03 -4.04 9.57 11.93

SDZXF vs ZTS, UTHR, VTRS: Pretax Margin % Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Sandoz Group AG'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.


Sandoz Group AG Pretax Margin % vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Sandoz Group AG's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Sandoz Group AG's Pretax Margin % falls into.


SDZXF
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Sandoz Group AG SDZXF
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Sandoz Group AG Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Sandoz Group AG's Pretax Margin for the fiscal year that ended in Dec. 2025 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=1207/11157
=10.82 %

Sandoz Group AG's Pretax Margin for the quarter that ended in Dec. 2025 is calculated as

Pretax Margin=Pre-Tax Income (Q: Dec. 2025 )/Revenue (Q: Dec. 2025 )
=703/5892
=11.93 %

* 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.

Frequently Asked Questions Learn more about Pretax Margin % →
What does a Pretax Margin % of 11.93% mean?
Sandoz Group AG (SDZXF) has a Pretax Margin % of 11.93% as of Dec. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Sandoz Group AG and its competitors. This is 97% above median its historical median of 6.06. According to the industry distribution chart, Sandoz Group AG ranks #378 out of 955 companies in the Drug Manufacturers industry, placing it in the top 39.6%.
Is Sandoz Group AG's Pretax Margin % too high?
Sandoz Group AG's current Pretax Margin % of 11.93% is 97% above median its 10-year median of 6.06. The Drug Manufacturers industry median Pretax Margin % is 7.28. Sandoz Group AG's value of 11.93% is 63.9% above this industry median. Based on the distribution chart, Sandoz Group AG ranks #378 out of 955 companies in the Drug Manufacturers industry, which is above the industry midpoint. Overall, Sandoz Group AG has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Sandoz Group AG's Pretax Margin % compare to ZTS and UTHR?
According to the Drug Manufacturers industry distribution chart, Sandoz Group AG ranks #378 out of 955 companies for Pretax Margin %. This puts Sandoz Group AG in the upper half of its industry. The industry median Pretax Margin % is 7.28. Sandoz Group AG's value of 11.93% is 63.9% above this benchmark. While the company's 10-year median is 6.06 vs. the industry median of 7.28, Sandoz Group AG 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 a Drug Manufacturers company?
The median Pretax Margin % among Drug Manufacturers companies is 7.28, based on 955 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. Sandoz Group AG's current Pretax Margin % of 11.93% is 63.9% 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 Sandoz Group AG and its competitors. For the Drug Manufacturers industry, the median Pretax Margin % is 7.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sandoz Group AG's current Pretax Margin % is 11.93%, which is 97% above median its own 10-year median of 6.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sandoz Group AG stock overvalued right now?
Sandoz Group AG (SDZXF) has a current Pretax Margin % of 11.93%. The current Pretax Margin % is 11.93%, which is 97% above median its 10-year median of 6.06 and 63.9% above the Drug Manufacturers industry median of 7.28. Sandoz Group AG's overall GF Score™ is 18/100 with 6 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 Sandoz Group AG (SDZXF), the current Pretax Margin % is 11.93% 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.

Sandoz Group AG Business Description

Address Centralbahnstrasse 4, Basel, CHE, 4051
Sandoz is one of the largest generic pharmaceutical manufacturers in the world, generating over $11 billion annually from off-patent drugs. Once part of Novartis, Sandoz spun off and went public in October 2023. Generics, including small molecules and complex injectables, make up roughly 75% of Sandoz's total sales, and the firm has a significant presence in Europe, the United States, and other key international markets. Sandoz generates its remaining sales from biosimilars and is among the leaders in the space. Sandoz launched Europe's first biosimilar, Omnitrope, in 2006, as well as the first US biosimilar, Zarxio, in 2015. It has over 10 launched biosimilars in a number of markets and over 20 assets in its pipeline.
18GF Score

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