Energizer Holdings Inc (ENR)
Pretax margin
| 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 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 122,800 | 175,700 | -322,000 | -297,300 | -319,700 | -305,500 | 226,600 | 185,100 | 143,400 | 154,200 | 45,400 | 61,500 | -34,300 | -62,600 | 36,900 | 6,600 | 42,100 | 73,100 | 32,300 | 54,400 |
| Revenue (ttm) | US$ in thousands | 2,713,000 | 2,787,400 | 2,771,500 | 2,799,000 | 2,809,500 | 2,891,400 | 2,874,300 | 2,846,400 | 2,774,700 | 2,761,000 | 2,792,600 | 2,740,400 | 2,699,200 | 2,586,100 | 2,538,800 | 2,530,100 | 2,471,200 | 2,314,800 | 2,053,000 | 1,832,500 |
| Pretax margin | 4.53% | 6.30% | -11.62% | -10.62% | -11.38% | -10.57% | 7.88% | 6.50% | 5.17% | 5.58% | 1.63% | 2.24% | -1.27% | -2.42% | 1.45% | 0.26% | 1.70% | 3.16% | 1.57% | 2.97% |
December 31, 2023 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $122,800K ÷ $2,713,000K
= 4.53%
The pretax margin of Energizer Holdings Inc has shown some fluctuations over the past eight quarters. In Q1 2024, the pretax margin was at 4.22%, indicating a decrease from the previous quarter's 5.94%. Despite this decline, the company managed to maintain a positive pretax margin in Q1 2024.
Looking back at the third and second quarters of 2023, the pretax margins were notably negative at -10.96% and -10.02% respectively. This suggests that the company struggled with controlling expenses and generating profits before tax during that period.
On a positive note, in Q4 2022 and Q3 2022, Energizer Holdings Inc achieved strong pretax margins of 7.49% and 6.13% respectively. This indicates that the company was successful in managing its expenses efficiently and generating profits in those quarters.
Overall, while there have been fluctuations in the pretax margin of Energizer Holdings Inc, it is essential for the company to focus on sustaining positive margins and efficiently managing its expenses to ensure long-term profitability.
Peer comparison
Dec 31, 2023