SES AISES -2.74%34 Pretax Margin % is -174.10% as of Mar. 2026. GuruFocus rates SES with a GF Score™ of 34/100. The stock has 4 warning signs investors should review. Among 1,326 Vehicles & Parts companies, SES AI ranks worse than 98.42% on this metric.
Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. SES AI's Pre-Tax Income for the
three
months ended in Mar. 2026 was $-11.68 Mil. SES AI's Revenue for the
three
months ended in Mar. 2026 was $6.71 Mil. Therefore, SES AI's pretax margin for the quarter that ended in Mar. 2026 was -174.10%.
The historical rank and industry rank for SES AI's Pretax Margin % or its related term are showing as below:
SES'
s Pretax Margin % Range Over the Past 10 Years
Min: -4901.81 Med: -2624.26 Max: -328.79
Current: -328.79
SES's Pretax Margin % is ranked worse than 98.42% of 1326
companies
in the Vehicles & Parts industry
Industry Median: 4.4
vs SES: -328.79
SES AI (NYSE:SES) 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.
SES AI Pretax Margin % Related Terms
SES AI Pretax Margin % Historical Data
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The historical data trend for SES AI'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.
SES vs MNRO, ECX, MVST: Pretax Margin % Comparison
For the Auto Parts subindustry, SES AI'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.
SES AI Pretax Margin % vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, SES AI's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where SES AI'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.
SES AI (SES) has a Pretax Margin % of -174.10% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on SES AI and its competitors. According to the industry distribution chart, SES AI ranks #1305 out of 1326 companies in the Vehicles & Parts industry, placing it in the top 98.4%.
Is SES AI's Pretax Margin % too high?
SES AI's current Pretax Margin % is -174.10%. Based on the distribution chart, SES AI ranks #1305 out of 1326 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, SES AI has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does SES AI's Pretax Margin % compare to MNRO and ECX?
According to the Vehicles & Parts industry distribution chart, SES AI ranks #1305 out of 1326 companies for Pretax Margin %. This places SES AI in the lower half of its industry. The industry median Pretax Margin % is 4.40. 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 Vehicles & Parts company?
The median Pretax Margin % among Vehicles & Parts companies is 4.40, based on 1,326 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. 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 SES AI and its competitors. For the Vehicles & Parts industry, the median Pretax Margin % is 4.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SES AI's current Pretax Margin % is -174.10%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SES AI stock overvalued right now?
SES AI (SES) has a current Pretax Margin % of -174.10%. The current Pretax Margin % is -174.10%. SES AI's overall GF Score™ is 34/100 with 4 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 SES AI (SES), the current Pretax Margin % is -174.10% 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.
SES AI Corp is a developer and manufacturer of rechargeable battery technologies and battery materials for Energy Storage Systems (ESS), Urban Air Mobility (UAM), drones, robotics, electric vehicles (EVs), and other applications. For Enery Storage Systems, the company supplies hardware and software solutions with battery health and safety management software powered by its AI-based platform, Molecular Universe. Additionally, it offers battery materials and high-energy and power-density Li-Metal and Li-ion cells, which can be used for drones, UAM, robotics, and EV applications. The company also offers access to Molecular Universe as a software product. Currently, it generates maximum revenue from the development of Li-ion and Li-Metal battery materials as per the client's specifications.
34GF Score
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