Compass Minerals International Inc (CMP)
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 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | -154,700 | -146,600 | -52,000 | 32,900 | 41,700 | 35,500 | 20,300 | 9,900 | 69,300 | -120,100 | -118,700 | -116,900 | -181,700 | 63,300 | 103,500 | 115,900 | 105,700 | 71,600 | 70,000 | 69,100 |
| Revenue (ttm) | US$ in thousands | 1,092,700 | 1,095,400 | 1,143,100 | 1,155,100 | 1,182,300 | 1,183,600 | 1,218,100 | 1,200,100 | 1,140,300 | 1,364,300 | 1,241,900 | 1,185,100 | 1,235,700 | 1,213,500 | 1,404,600 | 1,467,000 | 1,461,500 | 1,439,800 | 1,426,000 | 1,409,000 |
| Pretax margin | -14.16% | -13.38% | -4.55% | 2.85% | 3.53% | 3.00% | 1.67% | 0.82% | 6.08% | -8.80% | -9.56% | -9.86% | -14.70% | 5.22% | 7.37% | 7.90% | 7.23% | 4.97% | 4.91% | 4.90% |
June 30, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $-154,700K ÷ $1,092,700K
= -14.16%
The pretax margin of Compass Minerals International Inc has shown fluctuations over the past several quarters. The pretax margin represents the company's profitability before taking into account taxes, and a negative pretax margin indicates that the company's expenses are exceeding its revenues.
From the data provided, we can observe that the pretax margin was notably negative in recent quarters, with values ranging from -14.16% to -9.56%. This indicates that the company was experiencing losses in those periods.
There were, however, some quarters where the company achieved positive pretax margins, ranging from 0.82% to 7.90%. These positive margins suggest that the company was able to generate profits in those specific periods.
Overall, the pretax margin trend appears to be volatile, with alternating periods of losses and profitability. It may be beneficial for stakeholders to closely monitor the company's financial performance to assess its ability to improve profitability and sustain positive margins in the future.
Peer comparison
Jun 30, 2024