Enhabit Inc. (EHAB)
Pretax margin
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | ||
|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | -91,900 | -184,300 | -169,700 | -58,200 |
| Revenue (ttm) | US$ in thousands | 1,003,100 | 1,009,200 | 1,021,300 | 1,037,200 |
| Pretax margin | -9.16% | -18.26% | -16.62% | -5.61% |
December 31, 2023 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $-91,900K ÷ $1,003,100K
= -9.16%
The pretax margin of Enhabit Inc. has shown a declining trend over the last four quarters. In March 2023, the pretax margin was -5.61%, which worsened to -16.62% in June 2023. The trend continued to deteriorate further in September 2023, with a pretax margin of -18.26%. The most recent data as of December 2023 reflects a pretax margin of -9.16%, indicating some improvement from the previous quarter but still remaining in negative territory. The overall negative pretax margins suggest that the company's profits before taxes have been consistently low compared to its revenue, highlighting potential operational inefficiencies or cost challenges that Enhabit Inc. may be facing.
Peer comparison
Dec 31, 2023