Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. METRO AG's Pre-Tax Income for the
three
months ended in Mar. 2026 was €-254 Mil. METRO AG's Revenue for the
three
months ended in Mar. 2026 was €7,288 Mil. Therefore, METRO AG's pretax margin for the quarter that ended in Mar. 2026 was -3.49%.
The historical rank and industry rank for METRO AG's Pretax Margin % or its related term are showing as below:
WBO:MEO2'
s Pretax Margin % Range Over the Past 10 Years
Min: -0.61 Med: 1.08 Max: 2.69
Current: -0.61
WBO:MEO2's Pretax Margin % is ranked worse than 83.12% of 308
companies
in the Retail - Defensive industry
Industry Median: 3.015
vs WBO:MEO2: -0.61
METRO AG (WBO:MEO2) 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.
METRO AG Pretax Margin % Related Terms
METRO AG Pretax Margin % Historical Data
* Premium members only.
The historical data trend for METRO 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.
WBO:MEO2 vs SYY, USFD, PFGC: Pretax Margin % Comparison
For the Food Distribution subindustry, METRO 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.
METRO AG Pretax Margin % vs Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, METRO AG's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where METRO AG'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.
METRO AG (WBO:MEO2) has a Pretax Margin % of -3.49% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on METRO AG and its competitors. According to the industry distribution chart, METRO AG ranks #256 out of 308 companies in the Retail - Defensive industry, placing it in the top 83.1%.
Is METRO AG's Pretax Margin % too high?
METRO AG's current Pretax Margin % is -3.49%. Based on the distribution chart, METRO AG ranks #256 out of 308 companies in the Retail - Defensive industry, which is in the bottom quartile relative to peers. Overall, METRO AG has a GF Score™ of 43/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does METRO AG's Pretax Margin % compare to SYY and USFD?
According to the Retail - Defensive industry distribution chart, METRO AG ranks #256 out of 308 companies for Pretax Margin %. This places METRO AG in the lower half of its industry. The industry median Pretax Margin % is 3.02. 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 Retail - Defensive company?
The median Pretax Margin % among Retail - Defensive companies is 3.02, based on 308 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 METRO AG and its competitors. For the Retail - Defensive industry, the median Pretax Margin % is 3.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. METRO AG's current Pretax Margin % is -3.49%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is METRO AG stock overvalued right now?
Based on GuruFocus' analysis, METRO AG (WBO:MEO2) is currently considered Fairly Valued. The stock's GF Value™ is €7.34, compared to a current price of €7.13 — trading 2.9% below its estimated fair value. The current Pretax Margin % is -3.49%. METRO AG's overall GF Score™ is 43/100 with 10 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 METRO AG (WBO:MEO2), the current Pretax Margin % is -3.49% 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 METRO AG (WBO:MEO2) Overvalued in 2026?
Based on GuruFocus' analysis, METRO AG stock appears to be undervalued.
The current stock price of €7.13 is trading 2.9% below its estimated GF Value™ of €7.34.
GuruFocus considers METRO AG to be Fairly Valued.
Key valuation signals for WBO:MEO2:
Pretax Margin %: -3.49%
GF Value™: €7.34 vs. price of €7.13 (2.9% below fair value)
No single metric tells the full story. See the WBO:MEO2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
METRO AG is an international food wholesaler operating in more than 30 countries under the METRO and MAKRO brands, serving as the central management holding company. The company provides food and non-food products to professional customers, mainly HoReCa and Traders, through a multichannel model that combines wholesale stores, delivery services, and digital solutions. Its offerings include assortments tailored to professional needs, digital services through DISH Digital Solutions, a B2B online marketplace via METRO MARKETS, and real estate activities through METRO PROPERTIES. METRO operates through the segments Germany, West, Russia, East, and Others, which include digital units and logistics, IT, and procurement services.
43GF Score
Get the complete analysis for WBO:MEO2
Pretax Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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