Artivion Inc (AORT)

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 -21,586 -17,718 -20,831 -21,474 -14,984 -34,348 -13,872 -12,755 -14,827 1,168 -10,957 -13,540 -17,174 -15,535 -12,346 -4,841 1,644 -1,362 1,738 -1,135
Revenue (ttm) US$ in thousands 331,069 312,325 303,112 296,526 296,606 305,041 305,123 304,962 298,836 287,338 280,262 257,885 253,227 255,028 257,778 275,146 276,222 274,324 271,041 268,398
Pretax margin -6.52% -5.67% -6.87% -7.24% -5.05% -11.26% -4.55% -4.18% -4.96% 0.41% -3.91% -5.25% -6.78% -6.09% -4.79% -1.76% 0.60% -0.50% 0.64% -0.42%

December 31, 2023 calculation

Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $-21,586K ÷ $331,069K
= -6.52%

Artivion Inc's pretax margin has shown some fluctuations over the past eight quarters. In the most recent quarter, Q4 2023, the pretax margin was at -6.10%, a slight increase from the previous quarter's -5.22% in Q3 2023. The trend over the past year indicates some variability in profitability, with margins ranging from a low of -10.95% in Q3 2022 to a high of -4.18% in Q1 2022.

Overall, the pretax margin has generally been negative, reflecting that Artivion Inc has not been able to generate enough pre-tax profit relative to its revenue. The company may need to focus on improving operational efficiency and cost management to enhance profitability and achieve sustainable growth in the future.


Peer comparison

Dec 31, 2023