AptarGroup Inc (ATR)
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 | 375,136 | 367,691 | 342,626 | 321,206 | 334,437 | 341,460 | 323,078 | 307,891 | 322,114 | 315,096 | 337,616 | 323,967 | 301,105 | 295,502 | 288,636 | 330,084 | 342,049 | 333,316 | 301,978 | 274,775 |
| Revenue (ttm) | US$ in thousands | 3,487,450 | 3,444,884 | 3,388,747 | 3,337,384 | 3,322,249 | 3,340,328 | 3,328,910 | 3,295,399 | 3,227,221 | 3,162,557 | 3,096,268 | 2,984,541 | 2,929,340 | 2,851,344 | 2,793,469 | 2,836,825 | 2,859,732 | 2,873,427 | 2,837,924 | 2,805,871 |
| Pretax margin | 10.76% | 10.67% | 10.11% | 9.62% | 10.07% | 10.22% | 9.71% | 9.34% | 9.98% | 9.96% | 10.90% | 10.85% | 10.28% | 10.36% | 10.33% | 11.64% | 11.96% | 11.60% | 10.64% | 9.79% |
December 31, 2023 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $375,136K ÷ $3,487,450K
= 10.76%
Aptargroup Inc.'s pretax margin, which measures the company's efficiency in generating profits before taxes, has shown a relatively stable trend over the past eight quarters. The pretax margin ranged from 9.33% to 10.75% during this period.
The pretax margin reached its peak in Q4 2023 at 10.75% and was slightly higher than the previous quarter's margin of 10.68%. This indicates that the company was able to effectively manage its expenses and generate higher profits before taxes in Q4 2023.
Overall, Aptargroup Inc.'s pretax margin has shown resilience and consistency, staying above 9% in each of the quarters analyzed. This suggests that the company has been successful in controlling costs and maintaining profitability levels over the given period. Further analysis of the company's financial performance and cost management strategies could provide insights into the factors contributing to the stability of its pretax margin.
Peer comparison
Dec 31, 2023