The Cooper Companies, Inc. Common Stock (COO)
Pretax margin
Oct 31, 2024 | Oct 31, 2023 | Oct 31, 2022 | Oct 31, 2021 | Oct 31, 2020 | ||
---|---|---|---|---|---|---|
Earnings before tax but after interest (EBT) | US$ in thousands | 582,300 | 412,900 | 475,300 | 491,500 | 266,500 |
Revenue | US$ in thousands | 3,895,400 | 3,487,900 | 3,229,100 | 2,893,900 | 2,392,900 |
Pretax margin | 14.95% | 11.84% | 14.72% | 16.98% | 11.14% |
October 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $582,300K ÷ $3,895,400K
= 14.95%
The pretax margin of The Cooper Companies, Inc. Common Stock has exhibited variability over the past five years, ranging from 11.14% in 2020 to 16.98% in 2021. The pretax margin indicates the company's ability to generate profits before accounting for taxes relative to its total revenue. In 2024, the pretax margin improved to 14.95%, reflecting a stronger profitability position compared to the previous year (11.84% in 2023). This increase suggests enhanced cost management or higher revenue generation efficiency. However, it is essential to monitor the trend in the pretax margin over time to assess the company's financial performance and operational effectiveness.
Peer comparison
Oct 31, 2024