Benchmark Electronics Inc (BHE)

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 83,895 82,353 87,551 84,934 81,220 85,111 82,848 86,234 84,342 74,195 61,294 49,226 45,407 38,683 35,370 22,242 17,293 -2,966 -1,373 14,615
Revenue (ttm) US$ in thousands 2,656,105 2,690,572 2,752,520 2,819,856 2,838,976 2,898,266 2,950,146 2,944,943 2,886,331 2,768,741 2,569,048 2,385,681 2,255,319 2,143,515 2,097,584 2,043,888 2,053,131 2,040,325 2,069,603 2,180,239
Pretax margin 3.16% 3.06% 3.18% 3.01% 2.86% 2.94% 2.81% 2.93% 2.92% 2.68% 2.39% 2.06% 2.01% 1.80% 1.69% 1.09% 0.84% -0.15% -0.07% 0.67%

December 31, 2024 calculation

Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $83,895K ÷ $2,656,105K
= 3.16%

The pretax margin of Benchmark Electronics Inc has shown a positive trend over the periods analyzed, increasing steadily from 0.67% as of March 31, 2020, to 3.16% as of December 31, 2024. Despite a minor decline in the middle of 2023, the overall trajectory has been upward. This indicates that the company has been able to improve its efficiency in generating profits before accounting for taxes. The consistent growth in pretax margin reflects positively on Benchmark Electronics Inc's financial performance and profitability over the years.