Amphenol Corporation (APH)

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 2,437,300 2,405,500 2,423,400 2,449,300 2,452,800 2,395,200 2,295,200 2,126,100 1,999,900 1,885,600 1,784,500 1,662,300 1,516,700 1,460,300 1,386,500 1,427,900 1,486,900 1,515,100 1,559,600 1,571,800
Revenue (ttm) US$ in thousands 12,554,600 12,466,300 12,562,300 12,645,200 12,623,100 12,410,700 11,934,000 11,451,100 10,876,300 10,275,500 9,780,400 9,114,000 8,598,900 8,323,900 8,101,100 8,128,900 8,225,400 8,299,100 8,327,500 8,293,600
Pretax margin 19.41% 19.30% 19.29% 19.37% 19.43% 19.30% 19.23% 18.57% 18.39% 18.35% 18.25% 18.24% 17.64% 17.54% 17.11% 17.57% 18.08% 18.26% 18.73% 18.95%

December 31, 2023 calculation

Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $2,437,300K ÷ $12,554,600K
= 19.41%

The pretax margin of Amphenol Corp. has remained relatively stable in recent quarters, hovering around the range of 18.48% to 19.55% throughout the past year. This indicates that the company has been effectively managing its operating expenses in relation to its total revenue, resulting in a consistent level of profitability before accounting for taxes. The slight variations in the pretax margin from quarter to quarter suggest that Amphenol Corp. has maintained a steady performance in terms of generating income from its core operations. Overall, the pretax margin trend reflects a consistent and healthy financial performance for the company.