Emerson Electric Company (EMR)
Pretax margin
| Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 2,383,000 | 13,818,000 | 3,780,000 | 2,649,000 | 2,310,000 |
| Revenue | US$ in thousands | 17,435,000 | 15,115,000 | 19,622,000 | 18,267,000 | 16,785,000 |
| Pretax margin | 13.67% | 91.42% | 19.26% | 14.50% | 13.76% |
September 30, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $2,383,000K ÷ $17,435,000K
= 13.67%
The pretax margin of Emerson Electric Company has displayed significant fluctuations over the past five years. In particular, the company experienced a noticeable decline in its pretax margin from 91.42% in September 2023 to 19.26% in September 2022. However, Emerson Electric Company managed to improve its pretax margin in the subsequent years, reaching 13.67% in September 2024, which is closer to its levels in 2020 and 2021. The fluctuations in pretax margin indicate possible changes in the company's cost structure, revenue generation, or efficiency in managing operating expenses over the years. Further analysis and comparison with industry peers would provide more insights into the company's performance and profitability trends.
Peer comparison
Sep 30, 2024