Energizer Holdings Inc (ENR)
Pretax margin
| Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | Sep 30, 2019 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 175,700 | -305,500 | 154,200 | -72,400 | 59,500 |
| Revenue | US$ in thousands | 2,790,900 | 2,891,400 | 2,761,000 | 2,451,900 | 2,268,200 |
| Pretax margin | 6.30% | -10.57% | 5.58% | -2.95% | 2.62% |
September 30, 2023 calculation
Pretax margin = EBT ÷ Revenue
= $175,700K ÷ $2,790,900K
= 6.30%
The pretax margin of Energizer Holdings Inc has shown fluctuating trends over the past five years. In 2019, the pretax margin stood at 2.93%, followed by a slight increase to 2.47% in 2020. However, there was a significant decline in 2021 with a pretax margin of 5.10%. This negative trend continued in 2022, with the pretax margin dropping to -10.02%.
The most recent data for the year ending September 30, 2023, shows a recovery in the pretax margin, which increased to 5.94%. This indicates that the company has managed to improve its pre-tax profitability compared to the previous year. However, the consistent fluctuations in pretax margin over the years highlight the volatility in Energizer Holdings Inc's ability to generate profits before accounting for income taxes.
It is important for stakeholders to closely monitor the company's operations and financial performance to ascertain the factors contributing to these fluctuations and to assess the sustainability of the recent improvement in pretax margin.
Peer comparison
Sep 30, 2023