Doximity Inc (DOCS)
Pretax margin
| Mar 31, 2025 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 263,574 | 253,133 | 226,325 | 203,849 | 185,202 | 173,965 | 151,878 | 145,192 | 133,156 | 124,345 | 119,209 | 111,571 | 114,005 | 108,985 | 95,713 | 80,759 | 57,769 | 45,060 | 30,266 |
| Revenue (ttm) | US$ in thousands | 570,399 | 550,168 | 516,849 | 493,629 | 475,422 | 468,331 | 448,309 | 436,882 | 419,052 | 401,739 | 384,353 | 361,518 | 343,548 | 316,582 | 277,415 | 243,178 | 206,897 | 176,564 | 150,281 |
| Pretax margin | 46.21% | 46.01% | 43.79% | 41.30% | 38.96% | 37.15% | 33.88% | 33.23% | 31.78% | 30.95% | 31.02% | 30.86% | 33.18% | 34.43% | 34.50% | 33.21% | 27.92% | 25.52% | 20.14% |
March 31, 2025 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $263,574K ÷ $570,399K
= 46.21%
The pretax margin of Doximity Inc has shown a generally positive trend over the analyzed period, increasing from 20.14% in September 2020 to 46.21% in March 2025. The company's ability to generate profits before accounting for taxes has been steadily improving, indicating efficient cost management and revenue generation strategies. The upward trajectory of the pretax margin suggests that Doximity Inc has been effectively controlling its operating expenses relative to its revenue, leading to stronger profitability. This metric reflects the company's operational efficiency and financial health, showcasing its ability to convert sales into pre-tax profits. Continued monitoring of the pretax margin will be crucial to assess Doximity Inc's ongoing performance and sustainability in the future.
Peer comparison
Mar 31, 2025