Azenta Inc (AZTA)
Pretax margin
| 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 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | -167,423 | -165,254 | -160,849 | -31,856 | -31,807 | -45,594 | -45,194 | 2,079,663 | 2,134,158 | 2,159,318 | 2,199,961 | 104,729 | 90,587 | 93,768 | 74,218 | 65,307 | 50,923 | 430,533 | 426,231 | 416,095 |
| Revenue (ttm) | US$ in thousands | 651,150 | 662,379 | 657,005 | 645,780 | 669,996 | 633,011 | 598,573 | 594,894 | 554,493 | 549,230 | 729,759 | 867,038 | 977,448 | 948,755 | 854,265 | 795,637 | 753,076 | 1,246,466 | 1,227,754 | 1,182,711 |
| Pretax margin | -25.71% | -24.95% | -24.48% | -4.93% | -4.75% | -7.20% | -7.55% | 349.59% | 384.88% | 393.15% | 301.46% | 12.08% | 9.27% | 9.88% | 8.69% | 8.21% | 6.76% | 34.54% | 34.72% | 35.18% |
September 30, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $-167,423K ÷ $651,150K
= -25.71%
The pretax margin of Azenta Inc has displayed significant fluctuations over the past few quarters. In the most recent period, the pretax margin was -25.71%, indicating that the company incurred a pre-tax loss equivalent to 25.71% of its total revenue. This represents a decline from the previous quarter's pretax margin of -24.95%.
Looking back over the past year, there has been inconsistency in the company's pretax performance. In the fourth quarter of 2023, the pretax margin was -4.93%, signaling a reduction in losses compared to the third quarter of -4.75%. However, there were substantial negative pretax margins in previous quarters, such as -7.20% in the second quarter of 2023 and -7.55% in the first quarter of 2023.
It is notable that there were exceptionally high positive pretax margins in the fourth quarter of 2022 (349.59%), third quarter of 2022 (384.88%), and second quarter of 2022 (393.15%). These figures indicate that the company reported significant profits before tax during these periods.
Overall, the fluctuations in Azenta Inc's pretax margin suggest volatility in its financial performance, with some periods of substantial profitability and others with significant losses. Further analysis of the company's operating expenses, revenue trends, and potential one-time events would be needed to gain a deeper understanding of the factors driving these fluctuations.
Peer comparison
Sep 30, 2024