Enersys (ENS)
Pretax margin
| Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 292,185 | 210,639 | 173,900 | 170,100 | 147,000 |
| Revenue | US$ in thousands | 3,581,870 | 3,708,580 | 3,357,300 | 2,977,900 | 3,087,800 |
| Pretax margin | 8.16% | 5.68% | 5.18% | 5.71% | 4.76% |
March 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $292,185K ÷ $3,581,870K
= 8.16%
The pretax margin of Enersys has exhibited fluctuations over the past five years, ranging from a low of 5.23% in March 2022 to a high of 67.99% in March 2020. The pretax margin, which measures the efficiency of the company in generating profits before taxes from its revenue, improved in March 2024 to 8.26% compared to the previous year. However, it is still below the exceptional performance seen in March 2020. The variability in the pretax margin suggests fluctuations in the company's ability to control costs, manage expenses, and generate profits, indicating a need for further analysis to understand the factors driving these changes.
Peer comparison
Mar 31, 2024