The Cooper Companies Inc. (COO)

Pretax margin

Jan 31, 2024 Oct 31, 2023 Jul 31, 2023 Apr 30, 2023 Jan 31, 2023 Oct 31, 2022 Jul 31, 2022 Apr 30, 2022 Jan 31, 2022 Oct 31, 2021 Jul 31, 2021 Apr 30, 2021 Jan 31, 2021 Oct 31, 2020 Jul 31, 2020 Apr 30, 2020 Jan 31, 2020 Oct 31, 2019 Jul 31, 2019 Apr 30, 2019
Earnings before tax but after interest (EBT) (ttm) US$ in thousands 410,800 412,900 378,900 377,400 475,500 475,300 524,500 501,200 473,900 491,500 463,600 436,000 308,600 266,500 301,300 361,900 481,000 477,400 461,500 424,900
Revenue (ttm) US$ in thousands 3,557,200 3,487,900 3,390,400 3,313,300 3,281,000 3,229,200 3,174,500 3,106,000 3,000,400 2,893,900 2,826,900 2,641,600 2,440,300 2,400,800 2,410,800 2,501,000 2,643,200 2,636,700 2,596,600 2,593,900
Pretax margin 11.55% 11.84% 11.18% 11.39% 14.49% 14.72% 16.52% 16.14% 15.79% 16.98% 16.40% 16.51% 12.65% 11.10% 12.50% 14.47% 18.20% 18.11% 17.77% 16.38%

January 31, 2024 calculation

Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $410,800K ÷ $3,557,200K
= 11.55%

The pretax margin of Cooper Companies, Inc. has exhibited some variation over the past eight quarters. It decreased from 16.29% in Q3 2022 to 10.78% in Q3 2023 before recovering to 11.49% in Q4 2023. In the latest quarter, Q1 2024, the pretax margin stood at 11.20%. The highest pretax margin was recorded in Q3 2022 at 16.29%, followed closely by Q4 2022 at 15.96%. Overall, there seems to be fluctuation in the pretax margin performance, which may require further analysis to understand the underlying factors driving these changes.


Peer comparison

Jan 31, 2024

Company name
Symbol
Pretax margin
The Cooper Companies Inc.
COO
11.55%
National Vision Holdings Inc
EYE
-2.90%
STAAR Surgical Company
STAA
10.45%