ESAB Corp (ESAB)
Pretax margin
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 301,038 | 299,126 | 291,902 | 280,578 | 292,788 |
| Revenue (ttm) | US$ in thousands | 2,774,766 | 2,749,545 | 2,688,814 | 2,629,569 | 2,593,480 |
| Pretax margin | 10.85% | 10.88% | 10.86% | 10.67% | 11.29% |
December 31, 2023 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $301,038K ÷ $2,774,766K
= 10.85%
Sure. The pretax margin for ESAB Corp has been relatively stable over the past five quarters, ranging from 10.92% to 11.58%. This indicates that the company has been able to consistently generate profits before taxes as a percentage of its total revenue. The slight fluctuations in the pretax margin suggest that ESAB Corp has been able to effectively manage its costs and expenses to maintain profitability. Overall, the trend in the pretax margin reflects that ESAB Corp has been able to sustain a healthy level of profitability over the analyzed period.
Peer comparison
Dec 31, 2023