Broadridge Financial Solutions Inc (BR)

Pretax margin

		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	Sep 30, 2019
Earnings before tax but after interest (EBT) (ttm)	US$ in thousands	877,400	884,700	868,200	852,400	794,900	696,200	669,500	649,500	672,300	689,900	683,400	700,900	696,300	654,600	648,100	589,200	579,400	514,700	527,900	581,700
Revenue (ttm)	US$ in thousands	6,506,800	6,247,900	6,165,000	6,056,600	5,917,200	5,818,600	5,726,600	5,706,800	5,621,400	5,451,700	5,316,100	5,122,100	4,954,600	4,784,900	4,640,300	4,550,700	4,482,700	4,332,000	4,311,500	4,300,300
Pretax margin		13.48%	14.16%	14.08%	14.07%	13.43%	11.97%	11.69%	11.38%	11.96%	12.65%	12.86%	13.68%	14.05%	13.68%	13.97%	12.95%	12.93%	11.88%	12.24%	13.53%

June 30, 2024 calculation

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

The pretax margin of Broadridge Financial Solutions Inc has demonstrated a relatively stable and consistent trend over the past several quarters. The average pretax margin over these periods is approximately 13%, indicating that the company is able to generate a pretax profit of 13 cents for every dollar of revenue.

The pretax margin reached its peak at 14.16% in March 2024, showing a strong profitability level at that point. However, the margin slightly decreased in the subsequent quarter to 13.48%, but still remained above the average. This decline may signal a temporary setback or increased expenses impacting profitability.

Overall, Broadridge Financial Solutions Inc has maintained a healthy pretax margin range between 11.38% and 14.16% during the analyzed periods. This consistency suggests efficient cost management and revenue generation capabilities, which are essential factors in sustaining profitability in the long term. Investors and stakeholders may find the company's stable pretax margin performance as a positive indicator of financial health and operational efficiency.