3D Systems Corporation (DDD)
Pretax margin
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | -348,546 | -363,329 | -95,940 | -121,470 | -124,469 | -120,571 | -99,876 | 235,835 | 257,131 | 319,540 | 309,051 | -59,623 | -85,734 | -143,410 | -133,266 | -78,076 | -63,580 | -65,348 | -67,561 | -62,685 |
| Revenue (ttm) | US$ in thousands | 518,086 | 512,115 | 494,096 | 504,761 | 517,903 | 530,889 | 553,131 | 577,728 | 600,986 | 653,777 | 677,032 | 655,987 | 605,384 | 554,394 | 546,312 | 566,368 | 611,477 | 628,898 | 645,040 | 654,360 |
| Pretax margin | -67.28% | -70.95% | -19.42% | -24.06% | -24.03% | -22.71% | -18.06% | 40.82% | 42.78% | 48.88% | 45.65% | -9.09% | -14.16% | -25.87% | -24.39% | -13.79% | -10.40% | -10.39% | -10.47% | -9.58% |
March 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $-348,546K ÷ $518,086K
= -67.28%
The pretax margin of 3D Systems Corporation has been quite volatile over the historical periods provided. The company experienced negative pretax margins in recent quarters, with the pretax margin ranging from -70.95% to -19.42%. This indicates that the company's operating expenses and costs were significantly higher than its revenue during these periods, resulting in losses before taking taxes into account.
However, there were some periods of positive pretax margins, notably in Jun 30, 2022, and Mar 31, 2022, where the pretax margins were 40.82% and 42.78%, respectively. These positive margins suggest that the company was able to generate profit before accounting for taxes during these specific quarters.
Overall, the trend in pretax margin for 3D Systems Corporation has shown inconsistency, with periods of both strong profitability and significant losses. It is essential for investors and stakeholders to closely monitor the company's financial performance to assess its ability to effectively manage costs and drive revenue growth.
Peer comparison
Mar 31, 2024