CSG Systems International Inc (CSGS)

Pretax margin

		Dec 31, 2024	Sep 30, 2024	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
Earnings before tax but after interest (EBT) (ttm)	US$ in thousands	112,272	88,087	90,991	90,705	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
Revenue (ttm)	US$ in thousands	1,197,248	1,177,920	1,169,645	1,165,654	1,169,258	1,161,810	1,148,250	1,124,091	1,089,752	1,074,901	1,064,802	1,057,768	1,046,487	1,031,949	1,012,848	998,035	990,533	984,793	992,099	997,634
Pretax margin		9.38%	7.48%	7.78%	7.78%	7.90%	8.93%	8.34%	7.41%	5.58%	5.27%	5.67%	7.66%	9.65%	9.36%	9.55%	8.34%	8.62%	9.13%	9.67%	10.88%

December 31, 2024 calculation

Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $112,272K ÷ $1,197,248K
= 9.38%

The pretax margin of CSG Systems International Inc has shown variability over the reported periods from March 31, 2020, to December 31, 2024. Initially starting at 10.88% in March 2020, the pretax margin decreased gradually to 5.27% by September 30, 2022. This decline may indicate challenges faced by the company in generating profits before accounting for taxes.

However, from March 31, 2023, there was an improvement in the pretax margin, reaching a peak of 9.65% by December 31, 2021. The company managed to sustain relatively stable pretax margins throughout 2023, fluctuating around the 8% range. A notable decrease occurred by June 30, 2024, at 7.78%, but this stabilized at 9.38% by December 31, 2024.

Overall, although there have been fluctuations in the pretax margin of CSG Systems International Inc, the company has shown resilience in maintaining margins above 5%, with periodic peaks indicating efficient cost control and revenue generation strategies. It is essential for investors and stakeholders to monitor these trends to evaluate the company's operational efficiency and profitability.