Bellring Brands LLC (BRBR)

Pretax margin

		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
Earnings before tax but after interest (EBT) (ttm)	US$ in thousands	220,000	220,400	203,100	196,000	159,300	111,900	79,900	41,200	37,600	36,400	33,700	25,200	30,700	32,700
Revenue (ttm)	US$ in thousands	1,734,500	1,666,800	1,573,400	1,498,100	1,427,700	1,371,500	1,332,300	1,304,300	1,271,200	1,247,100	1,189,700	1,051,300	1,026,700	988,300
Pretax margin		12.68%	13.22%	12.91%	13.08%	11.16%	8.16%	6.00%	3.16%	2.96%	2.92%	2.83%	2.40%	2.99%	3.31%

December 31, 2023 calculation

Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $220,000K ÷ $1,734,500K
= 12.68%

The pretax margin of Bellring Brands Inc has displayed a fairly stable trend over the past eight quarters, ranging from 10.33% to 13.22%. The company's Q4 2023 pretax margin of 13.22% was the highest during this period, indicating robust operational efficiency in generating profits before taxes. Although there was a slight decline in Q1 2024 to 12.68%, the overall performance remains healthy. The consistent pretax margins above 10% suggest effective cost management and revenue generation strategies in place at Bellring Brands Inc. Further analysis of the company's financial health and performance could provide additional insights into the factors driving these margin fluctuations.