Broadridge Financial Solutions Inc (BR)

Pretax margin

		Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021	Jun 30, 2020
Earnings before tax but after interest (EBT)	US$ in thousands	877,400	794,900	672,200	696,200	579,500
Revenue	US$ in thousands	6,506,800	5,917,200	5,621,400	4,936,200	4,466,500
Pretax margin		13.48%	13.43%	11.96%	14.10%	12.97%

June 30, 2024 calculation

Pretax margin = EBT ÷ Revenue
= $877,400K ÷ $6,506,800K
= 13.48%

Broadridge Financial Solutions Inc's pretax margin has shown a relatively stable trend over the past five years. The pretax margin was 13.48% as of June 30, 2024, slightly higher compared to the previous year's 13.43%. In June 30, 2022, the pretax margin was 11.96%, showing a slight decrease from the year before. However, in June 30, 2021, the company's pretax margin increased to 14.10%, which was the highest among the five years analyzed. Prior to that, in June 30, 2020, the pretax margin was 12.97%.

Overall, Broadridge Financial Solutions Inc's pretax margin has demonstrated stability with variations within a relatively narrow range over the past five years. This indicates that the company has been able to effectively manage its operating expenses and generate sufficient operating income before tax relative to its total revenue during this period.