The Clorox Company (CLX)
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 | 386,000 | 348,000 | 144,000 | 138,000 | 226,000 | 120,000 | 565,000 | 528,000 | 598,000 | 570,000 | 311,000 | 551,000 | 891,000 | 1,188,000 | 1,546,000 | 1,451,000 | 1,185,000 | 1,082,000 | 1,025,000 | 1,014,000 |
| Revenue (ttm) | US$ in thousands | 7,076,000 | 7,090,000 | 7,190,000 | 6,933,000 | 7,286,000 | 7,062,000 | 6,959,000 | 6,935,000 | 6,998,000 | 7,039,000 | 7,007,000 | 7,157,000 | 7,267,000 | 7,448,000 | 7,451,000 | 7,057,000 | 6,647,000 | 6,291,000 | 6,059,000 | 6,108,000 |
| Pretax margin | 5.46% | 4.91% | 2.00% | 1.99% | 3.10% | 1.70% | 8.12% | 7.61% | 8.55% | 8.10% | 4.44% | 7.70% | 12.26% | 15.95% | 20.75% | 20.56% | 17.83% | 17.20% | 16.92% | 16.60% |
June 30, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $386,000K ÷ $7,076,000K
= 5.46%
The pretax margin of The Clorox Company has shown some fluctuations over the periods in question. The pretax margin, which is a measure of a company's operating efficiency, profitability, and cost management, increased from 4.44% in Dec 31, 2021, to a peak of 20.75% in Mar 31, 2021, before declining to 5.46% in Jun 30, 2024.
The company experienced a significant improvement in pretax margin in the early part of 2021, reaching its highest point in Mar 31, 2021. However, there was a downward trend in the pretax margin from Mar 31, 2021, to Jun 30, 2024.
It is important to note that pretax margin can be influenced by various factors, including revenue, operating expenses, and tax structure. Further analysis and comparison with industry benchmarks would be necessary to understand the underlying reasons for these fluctuations and to assess the company's performance in a broader context.