Embecta Corp (EMBC)

Pretax margin

Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022
Earnings before tax but after interest (EBT) (ttm) US$ in thousands 63,900 105,700 7,400 60,900 130,300 190,800
Revenue (ttm) US$ in thousands 1,116,800 1,115,200 1,110,600 1,115,600 1,108,100 1,123,300
Pretax margin 5.72% 9.48% 0.67% 5.46% 11.76% 16.99%

December 31, 2023 calculation

Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $63,900K ÷ $1,116,800K
= 5.72%

The pretax margin of Embecta Corp has fluctuated over the past six quarters.

In Jun 2022 and Sep 2022, the pretax margin was relatively high at 16.99% and 11.76% respectively, indicating that the company was effectively managing its expenses relative to its revenue before accounting for taxes.

However, in Mar 2023 and Jun 2023, the pretax margin dropped significantly to 5.46% and 0.67% respectively, suggesting a potential decrease in profitability on a pre-tax basis during those periods.

The pretax margin then rebounded in Sep 2023 to 9.48%, indicating an improvement in managing expenses relative to revenue.

Overall, the trend in Embecta Corp's pretax margin shows some variability, and it would be important to further investigate the factors contributing to these fluctuations to better understand the company's financial performance.


Peer comparison

Dec 31, 2023