AptarGroup Inc (ATR)

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 470,128 434,718 413,517 406,178 375,136 367,691 342,626 321,206 334,437 341,460 323,078 307,891 322,114 315,096 337,616 323,967 301,105 295,502 288,636 330,084
Revenue (ttm) US$ in thousands 3,582,890 3,573,282 3,556,988 3,542,831 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
Pretax margin 13.12% 12.17% 11.63% 11.46% 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%

December 31, 2024 calculation

Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $470,128K ÷ $3,582,890K
= 13.12%

The pretax margin of AptarGroup Inc has fluctuated over the observed periods. Starting at 11.64% on March 31, 2020, it decreased slightly to around 10.33% by June 30, 2020, and remained in the range of 10% to 11% for the next few quarters. By September 30, 2021, the pretax margin declined to 9.96%, indicating potential challenges in profitability.

However, there was a slight improvement in the following quarters, reaching 10.22% by September 30, 2022. The pretax margin then decreased to 9.62% on March 31, 2023, before climbing up to 10.76% by December 31, 2023, and showing a more significant increase to 13.12% by December 31, 2024.

Overall, the trend suggests some variability in the pretax margin, with periods of decline followed by periods of improvement. It is essential for the company to consistently monitor and manage its operating expenses, tax liabilities, and overall profitability to sustain and potentially enhance its pretax margin in the future.