Edgewell Personal Care Co (EPC)
Pretax margin
| Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | Sep 30, 2019 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 147,700 | 124,100 | 147,100 | 87,300 | -390,300 |
| Revenue | US$ in thousands | 2,251,600 | 2,171,700 | 2,087,300 | 1,949,700 | 2,141,000 |
| Pretax margin | 6.56% | 5.71% | 7.05% | 4.48% | -18.23% |
September 30, 2023 calculation
Pretax margin = EBT ÷ Revenue
= $147,700K ÷ $2,251,600K
= 6.56%
The pretax margin of Edgewell Personal Care Co has shown variability over the past five years. In 2023, the pretax margin increased to 6.56% from 5.66% in 2022, indicating an improvement in the company's ability to generate profits before taxes. This suggests that the company's cost management and revenue generation may have become more efficient, leading to higher profitability.
Comparing to 2021, the pretax margin decreased slightly from 6.99% to 5.66% in 2022, suggesting a potential decrease in the company's profitability. However, it is worth noting that the pretax margin in 2019 was negative at -18.23%, indicating significant losses before taxes, which was then notably turned around to positive margins in subsequent years.
In 2020, the pretax margin was 4.48%, which represented an increase from the negative margin in 2019, suggesting the company's efforts in restructuring and improving its financial performance. Overall, the pretax margin trend indicates fluctuating profitability, with notable improvement in recent years, potentially reflecting the company's efforts to enhance operational efficiency and revenue generation.
Peer comparison
Sep 30, 2023