Becton Dickinson and Company (BDX)
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 | 2,005,000 | 1,616,000 | 1,927,000 | 2,180,000 | 936,000 |
| Revenue | US$ in thousands | 20,178,000 | 19,372,000 | 18,870,000 | 19,131,000 | 16,074,000 |
| Pretax margin | 9.94% | 8.34% | 10.21% | 11.40% | 5.82% |
September 30, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $2,005,000K ÷ $20,178,000K
= 9.94%
The pretax margin of Becton Dickinson and Company has shown some fluctuations over the past five years. In 2024, the pretax margin increased to 9.94% from 8.34% in the previous year. However, it was lower compared to the levels seen in 2021 and 2022 when it stood at 11.40% and 10.21%, respectively. In 2020, the pretax margin was the lowest at 5.82%.
Overall, the company has been able to maintain a positive pretax margin over the years, indicating its ability to generate profits before taxes relative to its total revenue. It is essential to continue monitoring this ratio to ensure sustained profitability and efficiency in Becton Dickinson and Company's operations.
Peer comparison
Sep 30, 2024