WaFdWAFD +1.32%64 Pretax Margin % is 42.40% as of Mar. 2026, which is 5% below its 10-year median of 44.56. GuruFocus rates WAFD with a GF Score™ of 64/100 and a GF Value™ of $30.59 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 1,526 Banks companies, WaFd ranks better than 68.68% on this metric.
Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. WaFd's Pre-Tax Income for the
three
months ended in Mar. 2026 was $83.8 Mil. WaFd's Revenue for the
three
months ended in Mar. 2026 was $197.7 Mil. Therefore, WaFd's pretax margin for the quarter that ended in Mar. 2026 was 42.40%.
The historical rank and industry rank for WaFd's Pretax Margin % or its related term are showing as below:
WAFD'
s Pretax Margin % Range Over the Past 10 Years
Min: 35.47 Med: 44.56 Max: 52.76
Current: 42.4
WAFD's Pretax Margin % is ranked better than 68.68% of 1526
companies
in the Banks industry
Industry Median: 34.885
vs WAFD: 42.40
WaFd (NAS:WAFD) 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.
WaFd Pretax Margin % Related Terms
WaFd Pretax Margin % Historical Data
* Premium members only.
The historical data trend for WaFd'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.
WAFD vs TRMK, FBK, CUBI: Pretax Margin % Comparison
For the Banks - Regional subindustry, WaFd'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.
WaFd Pretax Margin % vs Banks Industry
For the Banks industry and Financial Services sector, WaFd's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where WaFd'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.
WaFd (WAFD) has a Pretax Margin % of 42.40% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on WaFd and its competitors. This is near median its historical median of 44.56. Over the past decade, WaFd's Pretax Margin % has ranged from 35.47 to 52.76. According to the industry distribution chart, WaFd ranks #478 out of 1526 companies in the Banks industry, placing it in the top 31.3%.
Is WaFd's Pretax Margin % too high?
WaFd's current Pretax Margin % of 42.40% is near median its 10-year median of 44.56. Over the past 10 years, this metric has ranged from a low of 35.47 to a high of 52.76. The Banks industry median Pretax Margin % is 34.89. WaFd's value of 42.40% is 21.5% above this industry median. Based on the distribution chart, WaFd ranks #478 out of 1526 companies in the Banks industry, which is above the industry midpoint. Overall, WaFd has a GF Score™ of 64/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does WaFd's Pretax Margin % compare to TRMK and FBK?
According to the Banks industry distribution chart, WaFd ranks #478 out of 1526 companies for Pretax Margin %. This puts WaFd in the upper half of its industry. The industry median Pretax Margin % is 34.89. WaFd's value of 42.40% is 21.5% above this benchmark. Historically, WaFd's own Pretax Margin % has ranged from 35.47 to 52.76 over the past decade. While the company's 10-year median is 44.56 vs. the industry median of 34.89, WaFd 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 Banks company?
The median Pretax Margin % among Banks companies is 34.89, based on 1,526 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. WaFd's current Pretax Margin % of 42.40% is 21.5% 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 WaFd and its competitors. For the Banks industry, the median Pretax Margin % is 34.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. WaFd's current Pretax Margin % is 42.40%, which is near median its own 10-year median of 44.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is WaFd stock overvalued right now?
Based on GuruFocus' analysis, WaFd (WAFD) is currently considered Modestly Overvalued. The stock's GF Value™ is $30.59, compared to a current price of $37.75 — trading 23.4% above its estimated fair value. The current Pretax Margin % is 42.40%, which is near median its 10-year median of 44.56 and 21.5% above the Banks industry median of 34.89. WaFd's overall GF Score™ is 64/100 with 9 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 WaFd (WAFD), the current Pretax Margin % is 42.40% 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 WaFd (WAFD) Overvalued in 2026?
Based on GuruFocus' analysis, WaFd stock appears to be overvalued.
The current stock price of $37.75 is trading 23.4% above its estimated GF Value™ of $30.59.
GuruFocus considers WaFd to be Modestly Overvalued.
Key valuation signals for WAFD:
Pretax Margin %: 42.40% (near median its 10-year median of 44.56)
GF Value™: $30.59 vs. price of $37.75 (23.4% above fair value)
Industry Position: 21.5% above the Banks median (#478 of 1526)
No single metric tells the full story. See the WAFD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
WaFd Inc is engaged in providing lending, depository, insurance, and other banking services to consumers, mid-sized to large businesses, and owners and developers of commercial real estate. Through the WaFd Bank, it is involved in accepting deposits from the general public and investing these funds in loans of various types, including first-lien mortgages on single-family dwellings, construction loans, land acquisition and development loans among others. The Bank also invests in certain United States government and agency obligations along with other investments and also performs insurance brokerage activities. Geographically, it operates in Washington, Oregon, Idaho, Arizona, Utah, Nevada, New Mexico, California and Texas.
64GF Score
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