CSW Industrials Inc (CSWI)
Pretax margin
| Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 140,480 | 125,911 | 91,465 | 51,118 | 57,601 |
| Revenue | US$ in thousands | 792,840 | 757,904 | 626,435 | 419,205 | 385,871 |
| Pretax margin | 17.72% | 16.61% | 14.60% | 12.19% | 14.93% |
March 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $140,480K ÷ $792,840K
= 17.72%
The pretax margin of CSW Industrials Inc has shown a generally increasing trend over the past five years. It increased from 15.11% in March 2020 to 17.55% in March 2024. This indicates that the company's ability to generate profits before taxes relative to its revenue has been improving over time.
The consistent growth in pretax margin suggests that CSW Industrials Inc has been effectively managing its costs and operations, leading to increased profitability. This improvement may be attributed to various factors such as cost control measures, operational efficiencies, pricing strategies, or revenue growth outpacing expenses.
A higher pretax margin is generally considered a positive indicator of a company's financial health and efficiency in converting sales into profits. It reflects the company's ability to generate earnings from its core business activities before accounting for taxes and other non-operating expenses.
Overall, the rising trend in CSW Industrials Inc's pretax margin underscores its improving profitability and operational performance over the analyzed period.
Peer comparison
Mar 31, 2024