DWS Group GmbH KGaA (XSWX:DWS) Pretax Margin %: 48.21% (As of Mar. 2026) — 106% Above Median


XSWX:DWS DWS Group GmbH & Co KGaA XSWX:DWS
83 GF Score
Price CHF57.65
GF Value CHF48.21
Valuation Modestly Overvalued
! 7 Warning Signs
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What is DWS Group GmbH KGaA Pretax Margin %?

DWS Group GmbH KGaA XSWX:DWS 83 Pretax Margin % is 48.21% as of Mar. 2026, which is 106% above its 10-year median of 23.45. GuruFocus rates XSWX:DWS with a GF Score™ of 83/100 and a GF Value™ of CHF48.21 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 1,580 Asset Management companies, DWS Group GmbH KGaA ranks worse than 71.52% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. DWS Group GmbH KGaA's Pre-Tax Income for the three months ended in Mar. 2026 was CHF343 Mil. DWS Group GmbH KGaA's Revenue for the three months ended in Mar. 2026 was CHF712 Mil. Therefore, DWS Group GmbH KGaA's pretax margin for the quarter that ended in Mar. 2026 was 48.21%.

The historical rank and industry rank for DWS Group GmbH KGaA's Pretax Margin % or its related term are showing as below:

XSWX:DWS' s Pretax Margin % Range Over the Past 10 Years
Min: 17.99   Med: 23.45   Max: 32.75
Current: 28.38


XSWX:DWS's Pretax Margin % is ranked worse than
71.52% of 1580 companies
in the Asset Management industry
Industry Median: 89.475 vs XSWX:DWS: 28.38

DWS Group GmbH KGaA  (XSWX:DWS) 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.


DWS Group GmbH KGaA Pretax Margin % Related Terms


DWS Group GmbH KGaA Pretax Margin % Historical Data

* Premium members only.

The historical data trend for DWS Group GmbH KGaA'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.

DWS Group GmbH KGaA Pretax Margin % Chart

DWS Group GmbH KGaA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.44 22.48 21.03 23.86 30.53

DWS Group GmbH KGaA Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 42.01 22.13 42.36 20.02 48.21

XSWX:DWS vs BLK, BX, KKR: Pretax Margin % Comparison

For the Asset Management subindustry, DWS Group GmbH KGaA'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.


DWS Group GmbH KGaA Pretax Margin % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, DWS Group GmbH KGaA's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where DWS Group GmbH KGaA's Pretax Margin % falls into.


XSWX:DWS
83GF Score
DWS Group GmbH & Co KGaA XSWX:DWS
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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DWS Group GmbH KGaA Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

DWS Group GmbH KGaA's Pretax Margin for the fiscal year that ended in Dec. 2025 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=1235.475/4047.02
=30.53 %

DWS Group GmbH KGaA's Pretax Margin for the quarter that ended in Mar. 2026 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=343.135/711.756
=48.21 %

* 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.

Frequently Asked Questions Learn more about Pretax Margin % →
What does a Pretax Margin % of 48.21% mean?
DWS Group GmbH KGaA (XSWX:DWS) has a Pretax Margin % of 48.21% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on DWS Group GmbH KGaA and its competitors. This is 106% above median its historical median of 23.45. Over the past decade, DWS Group GmbH KGaA's Pretax Margin % has ranged from 17.99 to 32.75. According to the industry distribution chart, DWS Group GmbH KGaA ranks #1130 out of 1580 companies in the Asset Management industry, placing it in the top 71.5%.
Is DWS Group GmbH KGaA's Pretax Margin % too high?
DWS Group GmbH KGaA's current Pretax Margin % of 48.21% is 106% above median its 10-year median of 23.45. Over the past 10 years, this metric has ranged from a low of 17.99 to a high of 32.75. The Asset Management industry median Pretax Margin % is 89.48. DWS Group GmbH KGaA's value of 48.21% is 46.1% below this industry median. Based on the distribution chart, DWS Group GmbH KGaA ranks #1130 out of 1580 companies in the Asset Management industry, which is below the industry midpoint. Overall, DWS Group GmbH KGaA has a GF Score™ of 83/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does DWS Group GmbH KGaA's Pretax Margin % compare to BLK and BX?
According to the Asset Management industry distribution chart, DWS Group GmbH KGaA ranks #1130 out of 1580 companies for Pretax Margin %. This places DWS Group GmbH KGaA in the lower half of its industry. The industry median Pretax Margin % is 89.48. DWS Group GmbH KGaA's value of 48.21% is 46.1% below this benchmark. Historically, DWS Group GmbH KGaA's own Pretax Margin % has ranged from 17.99 to 32.75 over the past decade. While the company's 10-year median is 23.45 vs. the industry median of 89.48, DWS Group GmbH KGaA has consistently been below 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 an Asset Management company?
The median Pretax Margin % among Asset Management companies is 89.48, based on 1,580 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. DWS Group GmbH KGaA's current Pretax Margin % of 48.21% is 46.1% below 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 DWS Group GmbH KGaA and its competitors. For the Asset Management industry, the median Pretax Margin % is 89.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DWS Group GmbH KGaA's current Pretax Margin % is 48.21%, which is 106% above median its own 10-year median of 23.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DWS Group GmbH KGaA stock overvalued right now?
Based on GuruFocus' analysis, DWS Group GmbH KGaA (XSWX:DWS) is currently considered Modestly Overvalued. The stock's GF Value™ is CHF48.21, compared to a current price of CHF57.65 — trading 19.6% above its estimated fair value. The current Pretax Margin % is 48.21%, which is 106% above median its 10-year median of 23.45 and 46.1% below the Asset Management industry median of 89.48. DWS Group GmbH KGaA's overall GF Score™ is 83/100 with 7 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 DWS Group GmbH KGaA (XSWX:DWS), the current Pretax Margin % is 48.21% 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 DWS Group GmbH KGaA (XSWX:DWS) Overvalued in 2026?

Based on GuruFocus' analysis, DWS Group GmbH KGaA stock appears to be overvalued. The current stock price of CHF57.65 is trading 19.6% above its estimated GF Value™ of CHF48.21. GuruFocus considers DWS Group GmbH KGaA to be Modestly Overvalued.

Key valuation signals for XSWX:DWS:

  • Pretax Margin %: 48.21% (106% above median its 10-year median of 23.45)
  • GF Value™: CHF48.21 vs. price of CHF57.65 (19.6% above fair value)
  • GF Score™: 83/100 with 7 warning signs
  • Industry Position: 46.1% below the Asset Management median (#1130 of 1580)

No single metric tells the full story. See the XSWX:DWS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


DWS Group GmbH KGaA Business Description

Address Mainzer Landstrasse 11-17, Frankfurt am Main, HE, DEU, 60329
Until 2018, DWS was fully owned by Deutsche Bank, which retains a 79% interest in DWS. DWS' home German market remains important, contributing roughly 40% of assets under management. The Europe, Middle East, and Africa region in total accounts for 70% of AUM, and the Americas contributes nearly all of the balance, with a small Asian presence. Assets from institutional clients make up 55% of overall AUM.
83GF Score

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Pretax Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

CHF57.65
Price
CHF48.21
GF Value