Energizer Holdings Inc (ENR)

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 53,800 16,900 114,800 122,800 175,700 -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
Revenue (ttm) US$ in thousands 2,881,200 2,705,000 2,695,000 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
Pretax margin 1.87% 0.62% 4.26% 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%

September 30, 2024 calculation

Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $53,800K ÷ $2,881,200K
= 1.87%

The pretax margin of Energizer Holdings Inc has shown fluctuations over the past quarters, ranging from negative figures to positive percentages. The pretax margin measures the profitability before taxes relative to total revenue, indicating the company's ability to generate profits from its operations.

In the recent quarter, the pretax margin stood at 1.87%, showing an improvement compared to the previous quarter's 0.62%. However, it is important to note that the margin remains relatively low compared to some of the historical periods, such as the quarter ending Sep 30, 2022, where it was 7.88%.

The negative pretax margins seen in some quarters, like the quarter ending Jun 30, 2023, indicate that the company's expenses and costs were higher than its revenue during those periods. It is crucial for Energizer Holdings Inc to closely monitor its cost structure and operational efficiency to sustainably improve its profitability.

Overall, while there have been fluctuations, the recent uptick in pretax margin is a positive sign, and the company should focus on maintaining this positive trend and striving for consistent profitability in the future.


Peer comparison

Sep 30, 2024

Company name
Symbol
Pretax margin
Energizer Holdings Inc
ENR
1.87%
Edgewell Personal Care Co
EPC
5.36%
Integer Holdings Corp
ITGR
7.00%
Novanta Inc
NOVT
9.52%