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Skymark AirlinesTSE:9204 -0.24%59 Pretax Margin % is 9.56% as of Mar. 2026, which is 409% above its 10-year median of 1.88. GuruFocus rates TSE:9204 with a GF Score™ of 59/100 and a GF Value™ of 円669.56 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,000 Transportation companies, Skymark Airlines ranks worse than 66.8% 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.
Skymark Airlines Pretax Margin % Related Terms
Skymark Airlines Pretax Margin % Historical Data
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The historical data trend for Skymark Airlines'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 Airports & Air Services subindustry, Skymark Airlines'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.
Skymark Airlines Pretax Margin % vs Transportation Industry
For the Transportation industry and Industrials sector, Skymark Airlines's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Skymark Airlines'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.
Skymark Airlines (TSE:9204) has a Pretax Margin % of 9.56% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Skymark Airlines and its competitors. This is 409% above median its historical median of 1.88. According to the industry distribution chart, Skymark Airlines ranks #668 out of 1000 companies in the Transportation industry, placing it in the top 66.8%.
Is Skymark Airlines' Pretax Margin % too high?
Skymark Airlines' current Pretax Margin % of 9.56% is 409% above median its 10-year median of 1.88. The Transportation industry median Pretax Margin % is 6.73. Skymark Airlines' value of 9.56% is 42.2% above this industry median. Based on the distribution chart, Skymark Airlines ranks #668 out of 1000 companies in the Transportation industry, which is below the industry midpoint. Overall, Skymark Airlines has a GF Score™ of 59/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Skymark Airlines' Pretax Margin % compare to JOBY?
According to the Transportation industry distribution chart, Skymark Airlines ranks #668 out of 1000 companies for Pretax Margin %. This places Skymark Airlines in the lower half of its industry. The industry median Pretax Margin % is 6.73. Skymark Airlines' value of 9.56% is 42.2% above this benchmark. While the company's 10-year median is 1.88 vs. the industry median of 6.73, Skymark Airlines 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 a Transportation company?
The median Pretax Margin % among Transportation companies is 6.73, based on 1,000 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. Skymark Airlines's current Pretax Margin % of 9.56% is 42.2% 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 Skymark Airlines and its competitors. For the Transportation industry, the median Pretax Margin % is 6.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Skymark Airlines's current Pretax Margin % is 9.56%, which is 409% above median its own 10-year median of 1.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Skymark Airlines stock overvalued right now?
Based on GuruFocus' analysis, Skymark Airlines (TSE:9204) is currently considered Possible Value Trap. The stock's GF Value™ is 円669.56, compared to a current price of 円415.00 — trading 38% below its estimated fair value. The current Pretax Margin % is 9.56%, which is 409% above median its 10-year median of 1.88 and 42.2% above the Transportation industry median of 6.73. Skymark Airlines' overall GF Score™ is 59/100 with 5 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 Skymark Airlines (TSE:9204), the current Pretax Margin % is 9.56% 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 Skymark Airlines (TSE:9204) Overvalued in 2026?
Based on GuruFocus' analysis, Skymark Airlines stock appears to be undervalued.
The current stock price of 円415.00 is trading 38% below its estimated GF Value™ of 円669.56.
GuruFocus considers Skymark Airlines to be Possible Value Trap.
Key valuation signals for TSE:9204:
Pretax Margin %: 9.56% (409% above median its 10-year median of 1.88)
GF Value™: 円669.56 vs. price of 円415.00 (38% below fair value)
Industry Position: 42.2% above the Transportation median (#668 of 1000)
No single metric tells the full story. See the TSE:9204 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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