ANSYS Inc (ANSS)

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	592,138	523,777	579,213	618,124	575,315	553,877	539,794	545,760	515,354	538,253	524,499	508,224	493,925	421,200	439,885	457,241	522,583	522,498	508,932	488,713
Revenue (ttm)	US$ in thousands	2,269,949	2,158,956	2,172,672	2,149,923	2,065,553	2,027,105	1,995,762	1,968,566	1,906,715	1,874,734	1,800,531	1,739,538	1,681,297	1,543,839	1,520,773	1,503,747	1,515,892	1,445,096	1,390,615	1,327,893
Pretax margin		26.09%	24.26%	26.66%	28.75%	27.85%	27.32%	27.05%	27.72%	27.03%	28.71%	29.13%	29.22%	29.38%	27.28%	28.93%	30.41%	34.47%	36.16%	36.60%	36.80%

December 31, 2023 calculation

Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $592,138K ÷ $2,269,949K
= 26.09%

Ansys Inc.'s pretax margin has shown fluctuations over the past eight quarters. The company's pretax margin ranged from a low of 24.26% in Q3 2023 to a high of 28.75% in Q1 2023. Overall, the pretax margin has generally been in the mid to high 20% range, demonstrating a consistent ability to generate earnings before taxes relative to its revenue during the period under review. The slight variations in the pretax margin could be attributed to factors such as changes in operating expenses, revenue mix, or pricing strategies. Overall, Ansys Inc. has maintained a relatively healthy pretax margin performance, indicating efficient cost management and profitability in its operations.