Autodesk Inc (ADSK)
Pretax margin
| Jan 31, 2024 | Jan 31, 2023 | Jan 31, 2022 | Jan 31, 2021 | Jan 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 1,136,000 | 946,000 | 565,000 | 547,000 | 294,800 |
| Revenue | US$ in thousands | 5,497,000 | 5,005,000 | 4,386,000 | 3,790,000 | 3,274,300 |
| Pretax margin | 20.67% | 18.90% | 12.88% | 14.43% | 9.00% |
January 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $1,136,000K ÷ $5,497,000K
= 20.67%
Autodesk Inc's pretax margin has shown a consistent upward trend over the past five years, increasing from 9.00% in January 2020 to 20.67% in January 2024. This indicates a strong improvement in the company's ability to generate profits before accounting for taxes and reflects effective cost management and revenue growth strategies. The company has been able to capture a larger portion of its revenue as pre-tax profit, which can be a positive sign for investors and stakeholders. The steady increase in pretax margin suggests improved operational efficiency and profitability for Autodesk Inc over the analyzed period.
Peer comparison
Jan 31, 2024