Emerson Electric Company (EMR)
Pretax margin
| 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 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 2,361,000 | 2,169,000 | 11,262,000 | 11,538,000 | 13,818,000 | 13,755,000 | 5,289,000 | 5,117,000 | 3,780,000 | 3,475,000 | 3,209,000 | 3,185,000 | 2,649,000 | 2,822,000 | 2,494,000 | 2,446,000 | 2,310,000 | 2,371,000 | 2,680,000 | 2,668,000 |
| Revenue (ttm) | US$ in thousands | 17,393,000 | 16,864,000 | 16,417,000 | 15,827,000 | 15,124,000 | 16,394,000 | 17,488,000 | 18,549,000 | 19,642,000 | 19,229,000 | 18,908,000 | 18,579,000 | 18,267,000 | 17,878,000 | 17,095,000 | 16,795,000 | 16,785,000 | 17,198,000 | 17,968,000 | 18,376,000 |
| Pretax margin | 13.57% | 12.86% | 68.60% | 72.90% | 91.36% | 83.90% | 30.24% | 27.59% | 19.24% | 18.07% | 16.97% | 17.14% | 14.50% | 15.78% | 14.59% | 14.56% | 13.76% | 13.79% | 14.92% | 14.52% |
September 30, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $2,361,000K ÷ $17,393,000K
= 13.57%
The pretax margin for Emerson Electric Company has shown fluctuations over the past several quarters. In the most recent quarter, ending September 30, 2024, the pretax margin stood at 13.57%, indicating that the company retained around 13.57% of its revenue before accounting for taxes. This figure has decreased slightly compared to the previous quarter but remains relatively stable.
However, in the quarter ending June 30, 2024, there was a significant increase in the pretax margin to 12.86%. This uptick followed a sharp decline in the quarter ending March 31, 2024, where the pretax margin surged to 68.60%, marking an unusual spike compared to historical trends. This abnormality may be due to various factors impacting the company's financial performance during that specific period.
Looking further back, the company experienced higher pretax margins in the quarters ending September 30, 2023, and June 30, 2023, at 91.36% and 83.90% respectively. These figures were notably high compared to the more recent quarters, suggesting potential changes in business operations or external conditions affecting profitability during that time.
Overall, while the pretax margin has demonstrated some variation in recent quarters, it is essential to analyze the company's financial performance comprehensively, taking into account industry trends, economic conditions, and strategic decisions that may influence these results.
Peer comparison
Sep 30, 2024