ACI Worldwide Inc (ACIW)

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	Mar 31, 2019
Earnings before tax but after interest (EBT) (ttm)	US$ in thousands	147,627	126,537	113,567	141,320	206,635	228,002	212,826	203,559	175,065	112,074	116,097	127,625	98,626	97,871	112,281	75,484	72,210	90,302	70,597	76,593
Revenue (ttm)	US$ in thousands	1,388,308	2,788,703	2,737,283	2,762,101	2,803,157	2,771,567	2,784,857	2,746,439	2,707,659	1,253,031	1,260,374	1,267,010	1,281,930	1,289,089	1,328,107	1,325,815	1,240,185	1,178,324	1,068,948	1,006,325
Pretax margin		10.63%	4.54%	4.15%	5.12%	7.37%	8.23%	7.64%	7.41%	6.47%	8.94%	9.21%	10.07%	7.69%	7.59%	8.45%	5.69%	5.82%	7.66%	6.60%	7.61%

December 31, 2023 calculation

Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $147,627K ÷ $1,388,308K
= 10.63%

The pretax margin of ACI Worldwide Inc has shown some fluctuations over the past eight quarters. In Q4 2023, the pretax margin was 10.16%, which was an improvement from the previous quarter but lower than the levels seen in the same quarter in the previous year. This indicates that the company's profitability before taxes slightly increased but is still below the levels achieved in the prior year.

Overall, the trend in pretax margin for ACI Worldwide Inc has been generally decreasing over the past year, with occasional fluctuations. This may suggest factors such as changes in revenue, operating expenses, or other financial metrics affecting the company's profitability before taxes. It would be important for stakeholders to further investigate the reasons behind these fluctuations to assess the company's financial performance and sustainability.