Astec Industries Inc (ASTE)
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 | 13,900 | 0 | 1,400 | 31,000 | 42,800 | 28,200 | 36,500 | 15,900 | 4,400 | -9,400 | -4,100 | 11,900 | 16,500 | 46,200 | 40,100 | 39,900 | 45,800 | -887 | 2,355 | 21,640 |
| Revenue (ttm) | US$ in thousands | 1,305,100 | 1,283,300 | 1,295,000 | 1,299,500 | 1,338,200 | 1,350,900 | 1,363,000 | 1,331,200 | 1,274,500 | 1,192,400 | 1,144,200 | 1,104,000 | 1,097,200 | 1,068,300 | 1,032,700 | 1,020,000 | 1,024,400 | 1,068,724 | 1,093,131 | 1,132,633 |
| Pretax margin | 1.07% | 0.00% | 0.11% | 2.39% | 3.20% | 2.09% | 2.68% | 1.19% | 0.35% | -0.79% | -0.36% | 1.08% | 1.50% | 4.32% | 3.88% | 3.91% | 4.47% | -0.08% | 0.22% | 1.91% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $13,900K ÷ $1,305,100K
= 1.07%
The pretax margin of Astec Industries Inc has shown fluctuations over the period under consideration. It started at a relatively low level in March 2020 at 1.91%, experienced a decline in the following quarter to 0.22%, and further dipped into negative territory in September 2020 at -0.08%. However, the company rebounded strongly by December 2020, reaching a pretax margin of 4.47%.
The trend continued positively into the first half of 2021, with pretax margins ranging between 3.88% and 4.32%. However, towards the end of 2021, there was a decline to 1.50%, followed by further variations in the coming quarters. There was a notable decline in pretax margin in the first half of 2022, reaching a low of -0.79% in September 2022.
Nevertheless, the company managed to recover and improve its pretax margin performance in the subsequent quarters of 2023 and 2024. By December 2024, the pretax margin stood at 1.07%. Overall, the pretax margin trend reflects a mix of positive and challenging periods for Astec Industries Inc, indicating fluctuations in profitability before stabilizing towards the end of the period analyzed.
Peer comparison
Dec 31, 2024