Akamai Technologies Inc (AKAM)

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	654,002	626,161	603,453	624,041	650,368	661,518	695,922	699,833	714,213	652,191	627,051	633,131	602,976	615,180	584,686	537,268	531,385	514,726	488,566	406,951
Revenue (ttm)	US$ in thousands	3,826,238	3,733,857	3,652,471	3,620,307	3,608,242	3,585,821	3,548,899	3,483,286	3,407,208	3,348,137	3,281,469	3,224,148	3,146,371	3,072,207	2,995,310	2,915,391	2,862,686	2,803,926	2,760,364	2,716,372
Pretax margin		17.09%	16.77%	16.52%	17.24%	18.02%	18.45%	19.61%	20.09%	20.96%	19.48%	19.11%	19.64%	19.16%	20.02%	19.52%	18.43%	18.56%	18.36%	17.70%	14.98%

December 31, 2023 calculation

Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $654,002K ÷ $3,826,238K
= 17.09%

The pretax margin of Akamai Technologies Inc has shown a slight fluctuation over the past eight quarters. It ranged between 16.48% and 19.87%, with the highest point observed in Q1 2022 and the lowest in Q2 2023. There was a gradual decline in the pretax margin from Q2 2022 to Q2 2023, followed by a slight increase in the most recent quarter, Q4 2023. Overall, the company has maintained a relatively healthy pretax margin above 16% throughout the period under review, indicating efficient cost management and profitability before taxes.