GAM Holding AG (STU:GAD) Pretax Margin %: -119.17% (As of Dec. 2025)


What is GAM Holding AG Pretax Margin %?

GAM Holding AG STU:GAD +1.56% Pretax Margin % is -119.17% as of Dec. 2025. The stock has 6 warning signs investors should review. Among 1,569 Asset Management companies, GAM Holding AG ranks worse than 92.8% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. GAM Holding AG's Pre-Tax Income for the six months ended in Dec. 2025 was €-36.65 Mil. GAM Holding AG's Revenue for the six months ended in Dec. 2025 was €30.76 Mil. Therefore, GAM Holding AG's pretax margin for the quarter that ended in Dec. 2025 was -119.17%.

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

STU:GAD' s Pretax Margin % Range Over the Past 10 Years
Min: -108.59   Med: -35.19   Max: 14.49
Current: -108.59


STU:GAD's Pretax Margin % is ranked worse than
92.8% of 1569 companies
in the Asset Management industry
Industry Median: 89.52 vs STU:GAD: -108.59

GAM Holding AG  (STU:GAD) 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.


GAM Holding AG Pretax Margin % Related Terms


GAM Holding AG Pretax Margin % Historical Data

* Premium members only.

The historical data trend for GAM Holding 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.

GAM Holding AG Pretax Margin % Chart

GAM Holding AG Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.32 -57.25 -23.79 -46.59 -108.59

GAM Holding AG Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -6.96 -45.76 -47.50 -101.00 -119.17

STU:GAD vs BLK, BX, KKR: Pretax Margin % Comparison

For the Asset Management subindustry, GAM Holding 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.


GAM Holding AG Pretax Margin % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, GAM Holding AG's Pretax Margin % distribution charts can be found below:

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



GAM Holding 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.

GAM Holding 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 )
=-79.945/73.623
=-108.59 %

GAM Holding 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 )
=-36.651/30.756
=-119.17 %

* 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 -119.17% mean?
GAM Holding AG (STU:GAD) has a Pretax Margin % of -119.17% as of Dec. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on GAM Holding AG and its competitors. According to the industry distribution chart, GAM Holding AG ranks #1456 out of 1569 companies in the Asset Management industry, placing it in the top 92.8%.
Is GAM Holding AG's Pretax Margin % too high?
GAM Holding AG's current Pretax Margin % is -119.17%. Based on the distribution chart, GAM Holding AG ranks #1456 out of 1569 companies in the Asset Management industry, which is in the bottom quartile relative to peers.
How does GAM Holding AG's Pretax Margin % compare to BLK and BX?
According to the Asset Management industry distribution chart, GAM Holding AG ranks #1456 out of 1569 companies for Pretax Margin %. This places GAM Holding AG in the lower half of its industry. The industry median Pretax Margin % is 89.52. 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 Asset Management company?
The median Pretax Margin % among Asset Management companies is 89.52, based on 1,569 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 GAM Holding AG and its competitors. For the Asset Management industry, the median Pretax Margin % is 89.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GAM Holding AG's current Pretax Margin % is -119.17%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GAM Holding AG stock overvalued right now?
GAM Holding AG (STU:GAD) has a current Pretax Margin % of -119.17%. The stock's GF Value™ is €0.01, compared to a current price of €0.07 — trading 550% above its estimated fair value. The current Pretax Margin % is -119.17%. 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 GAM Holding AG (STU:GAD), the current Pretax Margin % is -119.17% 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.

GAM Holding AG Business Description

Address Hardstrasse 201, Zurich, CHE, CH-8005
GAM Holding AG is a asset manager with products that cater to institutions, intermediaries, and private clients.The company offers risk-rated, flexible solution, absolute return strategies across an array of asset classes and strategies. The company provides Asset management services through the GAM and Julius Bae brands and includes investment advice from internal and external professionals.