Digi International Inc (DGII)

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	15,633	24,888	29,703	28,397	25,808	18,628	9,622	8,576	8,538	8,999	10,342	8,716	7,643	7,491	5,720	5,462	4,517	11,131	10,271	11,670
Revenue (ttm)	US$ in thousands	441,632	444,849	438,424	429,705	413,274	388,225	361,593	337,155	319,743	308,632	302,695	293,954	290,100	279,271	271,062	261,890	254,207	254,203	254,361	255,467
Pretax margin		3.54%	5.59%	6.77%	6.61%	6.24%	4.80%	2.66%	2.54%	2.67%	2.92%	3.42%	2.97%	2.63%	2.68%	2.11%	2.09%	1.78%	4.38%	4.04%	4.57%

December 31, 2023 calculation

Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $15,633K ÷ $441,632K
= 3.54%

The pretax margin of Digi International, Inc. has shown some fluctuations over the past eight quarters. The highest pretax margin was recorded in Q3 2023 at 6.78%, followed by Q2 2023 at 6.62% and Q1 2023 at 6.25%. The lowest pretax margin was observed in Q2 2022 at 2.54%, with Q3 2022 following closely at 2.66%.

Overall, the trend of Digi International's pretax margin over the period has been somewhat volatile, with fluctuations between the highest and lowest points. It is important for the company to closely monitor and manage its pre-tax profitability to ensure sustainable financial performance.