Arcosa Inc (ACA)
Pretax margin
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 195,900 | 359,300 | 356,900 | 359,500 | 316,200 | 124,500 | 114,000 | 89,900 | 83,600 | 86,200 | 96,400 | 116,500 | 138,200 | 155,900 | 157,500 | 153,200 | 146,800 | 147,100 | 111,800 |
| Revenue (ttm) | US$ in thousands | 2,307,900 | 2,226,000 | 2,238,200 | 2,256,200 | 2,242,800 | 2,264,300 | 2,219,500 | 2,131,800 | 2,036,400 | 1,973,500 | 1,904,400 | 1,887,800 | 1,935,600 | 1,923,600 | 1,878,600 | 1,814,200 | 1,736,900 | 1,664,400 | 1,598,000 |
| Pretax margin | 8.49% | 16.14% | 15.95% | 15.93% | 14.10% | 5.50% | 5.14% | 4.22% | 4.11% | 4.37% | 5.06% | 6.17% | 7.14% | 8.10% | 8.38% | 8.44% | 8.45% | 8.84% | 7.00% |
December 31, 2023 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $195,900K ÷ $2,307,900K
= 8.49%
The pretax margin for Arcosa Inc has shown variability over the past eight quarters, ranging from as low as 4.22% in Q1 2022 to as high as 16.14% in Q3 2023. The trend indicates an overall improvement in the company's ability to generate profit before tax as a percentage of its total revenue. The significant increase in Q3 2023 from the previous quarter suggests improved operational efficiency and cost management. However, further analysis is required to understand the specific factors driving these fluctuations and to assess the sustainability of this positive trend.
Peer comparison
Dec 31, 2023
Company name
Symbol
Pretax margin
Arcosa Inc
ACA
8.49%
Proto Labs Inc
PRLB
5.57%
Valmont Industries Inc
VMI
11.51%