Electronic Arts Inc (EA)
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 | 1,589,000 | 1,510,000 | 1,410,000 | 1,446,000 | 1,326,000 | 1,501,000 | 1,310,000 | 1,209,000 | 1,081,000 | 890,000 | 1,044,000 | 857,000 | 1,017,000 | 1,266,000 | 1,395,000 | 1,540,000 | 1,508,000 | 1,313,000 | 1,204,000 | 1,196,000 |
| Revenue (ttm) | US$ in thousands | 7,562,000 | 7,657,000 | 7,593,000 | 7,583,000 | 7,426,000 | 7,377,000 | 7,285,000 | 7,207,000 | 6,991,000 | 6,512,000 | 6,396,000 | 5,721,000 | 5,629,000 | 5,670,000 | 5,590,000 | 5,787,000 | 5,537,000 | 5,388,000 | 5,084,000 | 5,022,000 |
| Pretax margin | 21.01% | 19.72% | 18.57% | 19.07% | 17.86% | 20.35% | 17.98% | 16.78% | 15.46% | 13.67% | 16.32% | 14.98% | 18.07% | 22.33% | 24.96% | 26.61% | 27.23% | 24.37% | 23.68% | 23.82% |
March 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $1,589,000K ÷ $7,562,000K
= 21.01%
The pretax margin of Electronic Arts Inc has shown some fluctuations over the past two years, ranging from 13.67% to 27.23%. The trend indicates that the pretax margin has generally been increasing since the end of 2019, peaking in mid-2020 and gradually declining thereafter. The company experienced an improvement in profitability during 2020, with pretax margins exceeding 20% consistently, before a slight decrease in recent quarters. Overall, Electronic Arts Inc has demonstrated a healthy level of pre-tax profitability, although there has been some variability in performance during the period under review.
Peer comparison
Mar 31, 2024