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.
Peer comparison
Jun 30, 2024