Enerpac Tool Group Corp (EPAC)
Pretax margin
| Feb 29, 2024 | Nov 30, 2023 | Aug 31, 2023 | May 31, 2023 | Feb 28, 2023 | Nov 30, 2022 | Aug 31, 2022 | May 31, 2022 | Feb 28, 2022 | Nov 30, 2021 | Aug 31, 2021 | May 31, 2021 | Feb 28, 2021 | Nov 30, 2020 | Aug 31, 2020 | May 31, 2020 | Feb 29, 2020 | Nov 30, 2019 | Aug 31, 2019 | May 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 93,110 | 75,382 | 61,811 | 44,329 | 30,281 | 25,354 | 20,087 | 21,308 | 38,929 | 39,554 | 41,841 | 33,062 | 7,015 | 6,800 | 3,015 | -264,604 | -221,818 | -218,031 | -238,488 | -13,914 |
| Revenue (ttm) | US$ in thousands | 597,269 | 600,792 | 598,204 | 589,423 | 585,064 | 579,703 | 571,224 | 564,823 | 556,078 | 540,133 | 528,660 | 494,586 | 453,316 | 466,048 | 493,292 | 540,262 | 616,478 | 642,880 | 654,757 | 797,829 |
| Pretax margin | 15.59% | 12.55% | 10.33% | 7.52% | 5.18% | 4.37% | 3.52% | 3.77% | 7.00% | 7.32% | 7.91% | 6.68% | 1.55% | 1.46% | 0.61% | -48.98% | -35.98% | -33.91% | -36.42% | -1.74% |
February 29, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $93,110K ÷ $597,269K
= 15.59%
The pretax margin of Enerpac Tool Group Corp has shown fluctuations over the past few quarters. The pretax margin increased from 1.46% in Nov 2020 to 15.59% in Feb 2024, indicating a significant improvement in profitability. This upward trend suggests that the company has been effectively managing its operating expenses and generating higher revenues relative to costs.
However, there were periods of lower pretax margins such as -48.98% in May 2020 and -35.98% in Feb 2020, which may have been influenced by exceptional expenses or losses during those specific quarters. It is important to further analyze the reasons behind these negative margins to understand the company's financial performance in those periods.
Overall, the increasing pretax margin of Enerpac Tool Group Corp indicates improving profitability and efficiency in managing its operating costs and generating earnings before taxes. It would be essential for investors and stakeholders to continue monitoring the company's pretax margin to assess its financial health and performance over time.
Peer comparison
Feb 29, 2024