Adtalem Global Education Inc (ATGE)
Pretax margin
| Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | Jun 30, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 163,001 | 103,658 | 295,491 | 82,327 | -100,273 |
| Revenue | US$ in thousands | 1,584,650 | 1,450,830 | 1,381,840 | 899,248 | 866,427 |
| Pretax margin | 10.29% | 7.14% | 21.38% | 9.16% | -11.57% |
June 30, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $163,001K ÷ $1,584,650K
= 10.29%
The pretax margin for Adtalem Global Education Inc has shown fluctuations over the past five years. In Jun 30, 2024, the pretax margin was 10.29%, representing an improvement compared to the previous year's 7.14%. However, it was lower than the exceptionally high pretax margin of 21.38% in Jun 30, 2022. In Jun 30, 2021, the pretax margin stood at 9.16%, showing a slight increase from the negative pretax margin of -11.57% in Jun 30, 2020.
Overall, the pretax margin indicates the company's ability to generate profits before considering taxes relative to its revenue. The fluctuations in the pretax margin suggest varying levels of operational efficiency and cost management within Adtalem Global Education Inc over the years. Further analysis of the company's financial performance and strategies would be needed to understand the factors driving these fluctuations in the pretax margin.
Peer comparison
Jun 30, 2024