TrainlineTNLIF 70 Pretax Margin % is 22.06% as of Feb. 2026. GuruFocus rates TNLIF with a GF Score™ of 70/100 and a GF Value™ of $5.62. The stock has 2 warning signs investors should review. Among 845 Travel & Leisure companies, Trainline ranks better than 87.1% on this metric.
Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Trainline's Pre-Tax Income for the
six
months ended in Feb. 2026 was $65.3 Mil. Trainline's Revenue for the
six
months ended in Feb. 2026 was $296.1 Mil. Therefore, Trainline's pretax margin for the quarter that ended in Feb. 2026 was 22.06%.
The historical rank and industry rank for Trainline's Pretax Margin % or its related term are showing as below:
TNLIF'
s Pretax Margin % Range Over the Past 10 Years
Min: -159.15 Med: -7.38 Max: 25.25
Current: 25.25
TNLIF's Pretax Margin % is ranked better than 87.1% of 845
companies
in the Travel & Leisure industry
Industry Median: 6.11
vs TNLIF: 25.25
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.
Trainline Pretax Margin % Related Terms
Trainline Pretax Margin % Historical Data
* Premium members only.
The historical data trend for Trainline'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.
TNLIF vs BKNG, ABNB, RCL: Pretax Margin % Comparison
For the Travel Services subindustry, Trainline'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.
Trainline Pretax Margin % vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Trainline's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Trainline'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.
Trainline (TNLIF) has a Pretax Margin % of 22.06% as of Feb. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Trainline and its competitors. According to the industry distribution chart, Trainline ranks #109 out of 845 companies in the Travel & Leisure industry, placing it in the top 12.9%.
Is Trainline's Pretax Margin % too high?
Trainline's current Pretax Margin % is 22.06%. The Travel & Leisure industry median Pretax Margin % is 6.11. Trainline's value of 22.06% is 261% above this industry median. Based on the distribution chart, Trainline ranks #109 out of 845 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, Trainline has a GF Score™ of 70/100, reflecting its overall financial health beyond just this single metric.
How does Trainline's Pretax Margin % compare to BKNG and ABNB?
According to the Travel & Leisure industry distribution chart, Trainline ranks #109 out of 845 companies for Pretax Margin %. This places Trainline in the top 13% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 6.11. Trainline's value of 22.06% is 261% above this benchmark. 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 Travel & Leisure company?
The median Pretax Margin % among Travel & Leisure companies is 6.11, based on 845 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. Trainline's current Pretax Margin % of 22.06% is 261% 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 Trainline and its competitors. For the Travel & Leisure industry, the median Pretax Margin % is 6.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Trainline's current Pretax Margin % is 22.06%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Trainline stock overvalued right now?
Trainline (TNLIF) has a current Pretax Margin % of 22.06%. The stock's GF Value™ is $5.62, compared to a current price of $2.97 — trading 47.2% below its estimated fair value. The current Pretax Margin % is 22.06% and 261% above the Travel & Leisure industry median of 6.11. Trainline's overall GF Score™ is 70/100 with 2 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 Trainline (TNLIF), the current Pretax Margin % is 22.06% as of Feb. 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 Trainline (TNLIF) Overvalued in 2026?
Based on GuruFocus' analysis, Trainline stock appears to be undervalued.
The current stock price of $2.97 is trading 47.2% below its estimated GF Value™ of $5.62.
Key valuation signals for TNLIF:
Pretax Margin %: 22.06%
GF Value™: $5.62 vs. price of $2.97 (47.2% below fair value)
Industry Position: 261% above the Travel & Leisure median (#109 of 845)
No single metric tells the full story. See the TNLIF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Trainline PLC are the main independent rail and coach travel platform selling rail and coach tickets world'wide. The Group has three operating segments UK Consumer includes Travel apps and websites for individual travellers for journeys within the UK; International Consumer includes Travel apps and websites for individual travellers for journeys outside the UK including journeys between the UK and outside the UK, and Trainline Solutions1 includes Travel portal platforms for Trainline's own branded business units, in addition to external corporates, travel management companies and whitelabel ecommerce platforms for Train Operating Companies. It generates majority of revenue from UK Consumer. It has presence in UK and Rest of world of which majority of revenue comes from UK.
70GF Score
Get the complete analysis for TNLIF
Pretax Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TNLIF has been successfully added to your 
