CSG Systems International Inc (CSGS)

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	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Earnings before tax but after interest (EBT) (ttm)	US$ in thousands	92,351	103,774	95,811	83,263	60,781	56,609	60,425	80,993	100,946	96,539	96,745	83,262	85,356	89,882	95,961	108,548	105,723	107,076	98,747	92,634
Revenue (ttm)	US$ in thousands	1,169,541	1,161,418	1,147,858	1,123,699	1,089,401	1,074,926	1,064,033	1,056,215	1,044,162	1,029,599	1,011,292	997,263	990,533	984,793	992,099	997,634	996,810	989,330	950,971	918,148
Pretax margin		7.90%	8.94%	8.35%	7.41%	5.58%	5.27%	5.68%	7.67%	9.67%	9.38%	9.57%	8.35%	8.62%	9.13%	9.67%	10.88%	10.61%	10.82%	10.38%	10.09%

December 31, 2023 calculation

Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $92,351K ÷ $1,169,541K
= 7.90%

The pretax margin of CSG Systems International Inc. has shown fluctuating trends over the past eight quarters. In Q4 2023, the pretax margin was 7.90%, down from the previous quarter's 8.93%. This decrease may indicate a decline in the company's profitability before accounting for taxes.

Comparing to the same quarter in the previous year, Q4 2022 had a pretax margin of 5.58%, demonstrating a notable improvement year-over-year. However, the pretax margin in Q4 2023 remains higher than the corresponding value in Q4 2022, reflecting a positive trend in profitability over the last year.

Furthermore, the pretax margin in Q3 and Q2 2023 was 8.93% and 8.34% respectively, showing a gradual decrease in profitability during the first quarter of 2023. Overall, the company's pretax margin has been relatively stable over the past eight quarters, with some fluctuations in recent periods.