Enerpac Tool Group Corp (EPAC)
Pretax margin
| Aug 31, 2024 | Aug 31, 2023 | Aug 31, 2022 | Aug 31, 2021 | Aug 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 109,061 | 61,810 | 20,087 | 41,840 | 3,015 |
| Revenue | US$ in thousands | 589,510 | 598,204 | 571,223 | 528,660 | 493,292 |
| Pretax margin | 18.50% | 10.33% | 3.52% | 7.91% | 0.61% |
August 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $109,061K ÷ $589,510K
= 18.50%
The pretax margin of Enerpac Tool Group Corp has shown a positive trend over the past five years, increasing from 0.61% in 2020 to 18.50% in 2024. This indicates that the company has been able to effectively control its operating expenses relative to its revenues. The significant improvement in pretax margin from 2020 to 2021 and then further to 2022 demonstrates an enhanced operational efficiency and cost management strategy. The steady increase in pretax margin suggests that the company's profitability has been improving over the years, reflecting a positive trend in its financial performance. Overall, the rising pretax margin indicates that Enerpac Tool Group Corp has been successful in generating higher profits before accounting for taxes as a percentage of its total revenue.
Peer comparison
Aug 31, 2024