Galaxy DigitalTSX:GLXY 38 Pretax Margin % is -2.34% as of Mar. 2026. GuruFocus rates TSX:GLXY with a GF Score™ of 38/100. The stock has 5 warning signs investors should review. Among 777 Capital Markets companies, Galaxy Digital ranks worse than 73.62% on this metric.
The historical rank and industry rank for Galaxy Digital's Pretax Margin % or its related term are showing as below:
TSX:GLXY'
s Pretax Margin % Range Over the Past 10 Years
Min: -0.45 Med: 0.47 Max: 0.77
Current: -0.35
TSX:GLXY's Pretax Margin % is ranked worse than 73.62% of 777
companies
in the Capital Markets industry
Industry Median: 20.36
vs TSX:GLXY: -0.35
Galaxy Digital (TSX:GLXY) 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.
Galaxy Digital Pretax Margin % Related Terms
Galaxy Digital Pretax Margin % Historical Data
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The historical data trend for Galaxy Digital'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.
TSX:GLXY vs MARA, PIPR, BGC: Pretax Margin % Comparison
For the Capital Markets subindustry, Galaxy Digital'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.
Galaxy Digital Pretax Margin % vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Galaxy Digital's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Galaxy Digital'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.
Galaxy Digital (TSX:GLXY) has a Pretax Margin % of -2.34% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Galaxy Digital and its competitors. According to the industry distribution chart, Galaxy Digital ranks #572 out of 777 companies in the Capital Markets industry, placing it in the top 73.6%.
Is Galaxy Digital's Pretax Margin % too high?
Galaxy Digital's current Pretax Margin % is -2.34%. Based on the distribution chart, Galaxy Digital ranks #572 out of 777 companies in the Capital Markets industry, which is below the industry midpoint. Overall, Galaxy Digital has a GF Score™ of 38/100, reflecting its overall financial health beyond just this single metric.
How does Galaxy Digital's Pretax Margin % compare to MARA and PIPR?
According to the Capital Markets industry distribution chart, Galaxy Digital ranks #572 out of 777 companies for Pretax Margin %. This places Galaxy Digital in the lower half of its industry. The industry median Pretax Margin % is 20.36. 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 Capital Markets company?
The median Pretax Margin % among Capital Markets companies is 20.36, based on 777 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 Galaxy Digital and its competitors. For the Capital Markets industry, the median Pretax Margin % is 20.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Galaxy Digital's current Pretax Margin % is -2.34%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Galaxy Digital stock overvalued right now?
Galaxy Digital (TSX:GLXY) has a current Pretax Margin % of -2.34%. The current Pretax Margin % is -2.34%. Galaxy Digital's overall GF Score™ is 38/100 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 Galaxy Digital (TSX:GLXY), the current Pretax Margin % is -2.34% 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.
Galaxy Digital Inc is engaged in digital assets and data center infrastructure, delivering solutions that accelerate progress in finance and artificial intelligence. Its digital assets platform offers institutional access to trading, advisory, asset management, staking, self-custody, and tokenization technology. The company invests in and operates cutting-edge data center infrastructure to power AI and high-performance computing, meeting the growing demand for scalable energy and compute solutions in the U.S. It has three operating business segments, Digital Assets and Data Centers, along with a Treasury & Corporate segment.
38GF Score
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