Aecom Technology Corporation (ACM)
Pretax margin
| Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 555,166 | 382,451 | 47,442 | 118,770 | 111,384 | 215,329 | 516,435 | 476,283 | 446,677 | 450,377 | 297,672 | 294,604 | 262,200 | -95,100 | -6,600 | -145,500 | -140,700 | -383,300 | -354,600 | -200,200 |
| Revenue (ttm) | US$ in thousands | 16,105,490 | 15,837,340 | 15,349,640 | 14,895,980 | 14,378,420 | 13,962,180 | 13,540,330 | 13,263,820 | 13,148,180 | 13,075,880 | 13,242,580 | 13,294,420 | 13,340,900 | 13,556,100 | 13,337,400 | 13,317,600 | 13,240,000 | 13,184,400 | 13,354,900 | 13,521,800 |
| Pretax margin | 3.45% | 2.41% | 0.31% | 0.80% | 0.77% | 1.54% | 3.81% | 3.59% | 3.40% | 3.44% | 2.25% | 2.22% | 1.97% | -0.70% | -0.05% | -1.09% | -1.06% | -2.91% | -2.66% | -1.48% |
September 30, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $555,166K ÷ $16,105,490K
= 3.45%
The pretax margin of Aecom Technology Corporation has shown variability over the past few quarters. In the most recent quarter, ending September 30, 2024, the pretax margin improved to 3.45%, indicating that the company generated 3.45% of its revenue in pretax profit. This increase from the previous quarter's 2.41% suggests a positive trend in profitability.
Looking further back, the pretax margin fluctuated over the past few quarters, with some periods showing negative margins, such as in the first quarter of 2021 and 2020. The negative margins indicate that the company's costs and expenses exceeded its revenue before taxes during those periods.
Overall, the improvement in the pretax margin in the recent quarter suggests that Aecom Technology Corporation may have implemented cost-control measures or experienced revenue growth, resulting in better profitability. However, it is important to monitor future quarters to assess the sustainability of this trend in the company's profitability.
Peer comparison
Sep 30, 2024