Amphastar P (AMPH)

Pretax margin

		Dec 31, 2024	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
Earnings before tax but after interest (EBT) (ttm)	US$ in thousands	189,191	186,069	201,633	183,897	169,378	169,741	128,927	119,317	114,863	100,614	114,415	104,880	82,746	48,569	18,539	4,910	4,943	11,571	7,275	69,502
Revenue (ttm)	US$ in thousands	731,967	723,549	712,891	676,209	644,395	601,313	540,886	518,641	498,987	484,851	476,920	455,116	437,768	412,802	384,035	368,178	349,846	337,308	334,014	327,255
Pretax margin		25.85%	25.72%	28.28%	27.20%	26.28%	28.23%	23.84%	23.01%	23.02%	20.75%	23.99%	23.04%	18.90%	11.77%	4.83%	1.33%	1.41%	3.43%	2.18%	21.24%

December 31, 2024 calculation

Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $189,191K ÷ $731,967K
= 25.85%

The pretax margin of Amphastar P has experienced fluctuations over the periods provided in the data.

- The pretax margin ranged from a low of 1.33% in March 2021 to a high of 28.28% in June 2024.
- There was a significant increase in the pretax margin from September 2021 to March 2024, where it consistently remained above 20%, reaching a peak of 28.28% in June 2024.
- The pretax margin in the most recent period (December 2024) decreased slightly to 25.85%, but still remained relatively robust compared to earlier periods.
- Overall, the trend in the pretax margin indicates an improvement in the profitability of Amphastar P over the analyzed period, with some fluctuations along the way. This suggests that the company has been effectively managing its expenses and generating higher earnings relative to its revenue.