Slate Grocery REITSRRTF -0.89%71 Pretax Margin % is 40.55% as of Mar. 2026, which is 33% above its 10-year median of 30.58. GuruFocus rates SRRTF with a GF Score™ of 71/100 and a GF Value™ of $10.88 (Modestly Overvalued). The stock has 14 warning signs investors should review. Among 931 REITs companies, Slate Grocery REIT ranks worse than 64.66% on this metric.
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.
Slate Grocery REIT Pretax Margin % Related Terms
Slate Grocery REIT Pretax Margin % Historical Data
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The historical data trend for Slate Grocery REIT'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 REIT - Retail subindustry, Slate Grocery REIT'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.
Slate Grocery REIT Pretax Margin % vs REITs Industry
For the REITs industry and Real Estate sector, Slate Grocery REIT's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Slate Grocery REIT'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.
Slate Grocery REIT (SRRTF) has a Pretax Margin % of 40.55% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Slate Grocery REIT and its competitors. This is 33% above median its historical median of 30.58. According to the industry distribution chart, Slate Grocery REIT ranks #602 out of 931 companies in the REITs industry, placing it in the top 64.7%.
Is Slate Grocery REIT's Pretax Margin % too high?
Slate Grocery REIT's current Pretax Margin % of 40.55% is 33% above median its 10-year median of 30.58. The REITs industry median Pretax Margin % is 46.93. Slate Grocery REIT's value of 40.55% is 13.6% below this industry median. Based on the distribution chart, Slate Grocery REIT ranks #602 out of 931 companies in the REITs industry, which is below the industry midpoint. Overall, Slate Grocery REIT has a GF Score™ of 71/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Slate Grocery REIT's Pretax Margin % compare to SPG and O?
According to the REITs industry distribution chart, Slate Grocery REIT ranks #602 out of 931 companies for Pretax Margin %. This places Slate Grocery REIT in the lower half of its industry. The industry median Pretax Margin % is 46.93. Slate Grocery REIT's value of 40.55% is 13.6% below this benchmark. While the company's 10-year median is 30.58 vs. the industry median of 46.93, Slate Grocery REIT 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 a REITs company?
The median Pretax Margin % among REITs companies is 46.93, based on 931 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. Slate Grocery REIT's current Pretax Margin % of 40.55% is 13.6% 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 Slate Grocery REIT and its competitors. For the REITs industry, the median Pretax Margin % is 46.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Slate Grocery REIT's current Pretax Margin % is 40.55%, which is 33% above median its own 10-year median of 30.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Slate Grocery REIT stock overvalued right now?
Based on GuruFocus' analysis, Slate Grocery REIT (SRRTF) is currently considered Modestly Overvalued. The stock's GF Value™ is $10.88, compared to a current price of $12.30 — trading 13.1% above its estimated fair value. The current Pretax Margin % is 40.55%, which is 33% above median its 10-year median of 30.58 and 13.6% below the REITs industry median of 46.93. Slate Grocery REIT's overall GF Score™ is 71/100 with 14 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 Slate Grocery REIT (SRRTF), the current Pretax Margin % is 40.55% 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 Slate Grocery REIT (SRRTF) Overvalued in 2026?
Based on GuruFocus' analysis, Slate Grocery REIT stock appears to be overvalued.
The current stock price of $12.30 is trading 13.1% above its estimated GF Value™ of $10.88.
GuruFocus considers Slate Grocery REIT to be Modestly Overvalued.
Key valuation signals for SRRTF:
Pretax Margin %: 40.55% (33% above median its 10-year median of 30.58)
GF Value™: $10.88 vs. price of $12.30 (13.1% above fair value)
Industry Position: 13.6% below the REITs median (#602 of 931)
No single metric tells the full story. See the SRRTF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Slate Grocery REIT is an unincorporated, open-ended mutual fund trust focused on acquiring, owning, and leasing a portfolio of diversified revenue-producing commercial real estate properties in the United States of America with an emphasis on grocery-anchored retail properties.
71GF Score
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