Siemens AGSMAWF -1.11%81 Pretax Margin % is 14.45% as of Mar. 2026, which is 32% above its 10-year median of 10.91. GuruFocus rates SMAWF with a GF Score™ of 81/100 and a GF Value™ of $229.09 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 3,038 Industrial Products companies, Siemens AG ranks better than 78.64% on this metric.
Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Siemens AG's Pre-Tax Income for the
three
months ended in Mar. 2026 was $3,301 Mil. Siemens AG's Revenue for the
three
months ended in Mar. 2026 was $22,839 Mil. Therefore, Siemens AG's pretax margin for the quarter that ended in Mar. 2026 was 14.45%.
The historical rank and industry rank for Siemens AG's Pretax Margin % or its related term are showing as below:
SMAWF'
s Pretax Margin % Range Over the Past 10 Years
Min: 9.3 Med: 10.91 Max: 14.86
Current: 13.9
SMAWF's Pretax Margin % is ranked better than 78.64% of 3038
companies
in the Industrial Products industry
Industry Median: 5.85
vs SMAWF: 13.90
Siemens AG (OTCPK:SMAWF) 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.
Siemens AG Pretax Margin % Related Terms
Siemens AG Pretax Margin % Historical Data
* Premium members only.
The historical data trend for Siemens 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.
For the Specialty Industrial Machinery subindustry, Siemens 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.
Siemens AG Pretax Margin % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Siemens AG's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Siemens AG'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.
Siemens AG (SMAWF) has a Pretax Margin % of 14.45% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Siemens AG and its competitors. This is 32% above median its historical median of 10.91. Over the past decade, Siemens AG's Pretax Margin % has ranged from 9.30 to 14.86. According to the industry distribution chart, Siemens AG ranks #649 out of 3038 companies in the Industrial Products industry, placing it in the top 21.4%.
Is Siemens AG's Pretax Margin % too high?
Siemens AG's current Pretax Margin % of 14.45% is 32% above median its 10-year median of 10.91. Over the past 10 years, this metric has ranged from a low of 9.30 to a high of 14.86. The Industrial Products industry median Pretax Margin % is 5.85. Siemens AG's value of 14.45% is 147% above this industry median. Based on the distribution chart, Siemens AG ranks #649 out of 3038 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Siemens AG has a GF Score™ of 81/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Siemens AG's Pretax Margin % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Siemens AG ranks #649 out of 3038 companies for Pretax Margin %. This places Siemens AG in the top 21% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 5.85. Siemens AG's value of 14.45% is 147% above this benchmark. Historically, Siemens AG's own Pretax Margin % has ranged from 9.30 to 14.86 over the past decade. While the company's 10-year median is 10.91 vs. the industry median of 5.85, Siemens 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 an Industrial Products company?
The median Pretax Margin % among Industrial Products companies is 5.85, based on 3,038 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. Siemens AG's current Pretax Margin % of 14.45% is 147% 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 Siemens AG and its competitors. For the Industrial Products industry, the median Pretax Margin % is 5.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Siemens AG's current Pretax Margin % is 14.45%, which is 32% above median its own 10-year median of 10.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Siemens AG stock overvalued right now?
Based on GuruFocus' analysis, Siemens AG (SMAWF) is currently considered Significantly Overvalued. The stock's GF Value™ is $229.09, compared to a current price of $303.96 — trading 32.7% above its estimated fair value. The current Pretax Margin % is 14.45%, which is 32% above median its 10-year median of 10.91 and 147% above the Industrial Products industry median of 5.85. Siemens AG's overall GF Score™ is 81/100 with 9 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 Siemens AG (SMAWF), the current Pretax Margin % is 14.45% 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 Siemens AG (SMAWF) Overvalued in 2026?
Based on GuruFocus' analysis, Siemens AG stock appears to be overvalued.
The current stock price of $303.96 is trading 32.7% above its estimated GF Value™ of $229.09.
GuruFocus considers Siemens AG to be Significantly Overvalued.
Key valuation signals for SMAWF:
Pretax Margin %: 14.45% (32% above median its 10-year median of 10.91)
GF Value™: $229.09 vs. price of $303.96 (32.7% above fair value)
Industry Position: 147% above the Industrial Products median (#649 of 3038)
No single metric tells the full story. See the SMAWF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Siemens is a multi-industry company focused on the areas of automation, electrification, mobility, and healthcare. Its top three geographic regions—the United States, Germany, and China—contribute over half of group revenue. Siemens has a 71% investment in separately listed Siemens Healthineers. Recent portfolio activity included the listing of Siemens Energy, spinning out its power and gas and Siemens Gamesa business divisions in 2020.
81GF Score
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