Azenta Inc (AZTA)
Pretax margin
| Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | -167,323 | -31,807 | 2,134,210 | 90,647 | 50,923 |
| Revenue | US$ in thousands | 650,019 | 667,215 | 2,683,250 | 501,137 | 887,939 |
| Pretax margin | -25.74% | -4.77% | 79.54% | 18.09% | 5.73% |
September 30, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $-167,323K ÷ $650,019K
= -25.74%
The pretax margin of Azenta Inc has shown significant fluctuations over the past five years. In Sep 30, 2024, the pretax margin was negative at -25.74%, indicating that the company's expenses exceeded its revenue before accounting for taxes. This represents a stark decline compared to the previous year, where the pretax margin was also negative but at a lower rate of -4.77% in Sep 30, 2023.
In contrast, Sep 30, 2022, exhibited a robust pretax margin of 79.54%, suggesting that the company was able to generate a substantial profit before tax relative to its revenue during that period. This significant increase from the previous year's pretax margin of 18.09% in Sep 30, 2021, signifies a notable improvement in the company's financial performance.
Furthermore, the Sep 30, 2020 pretax margin of 5.73% was indicative of a moderate profitability level before taxes, demonstrating a steady growth trajectory compared to the previous years. Overall, the fluctuating pretax margins of Azenta Inc over the analyzed period highlight the volatile nature of the company's financial performance and its ability to generate profits before tax.
Peer comparison
Sep 30, 2024