Aspen Technology Inc (AZPN)
Pretax margin
| Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | ||
|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | -43,835 | -180,566 | 24,446 |
| Revenue | US$ in thousands | 1,127,480 | 1,044,180 | 482,311 |
| Pretax margin | -3.89% | -17.29% | 5.07% |
June 30, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $-43,835K ÷ $1,127,480K
= -3.89%
The pretax margin of Aspen Technology Inc has exhibited significant fluctuations over the past three years. In particular, the company reported a negative pretax margin of -3.89% at Jun 30, 2024, a substantial improvement compared to the -17.29% reported at Jun 30, 2023. The pretax margin was positive at 5.07% at Jun 30, 2022. These fluctuations indicate varying levels of profitability before taxes over the years, with a notable improvement in the most recent period. It is important for Aspen Technology Inc to continue monitoring and managing its cost structure and revenue generation in order to sustain and enhance its pretax margin in the future.
Peer comparison
Jun 30, 2024