ESCO Technologies Inc (ESE)
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 | 118,947 | 106,435 | 80,671 | 112,921 | 101,427 |
| Revenue | US$ in thousands | 947,264 | 852,649 | 715,135 | 728,985 | 816,796 |
| Pretax margin | 12.56% | 12.48% | 11.28% | 15.49% | 12.42% |
September 30, 2023 calculation
Pretax margin = EBT ÷ Revenue
= $118,947K ÷ $947,264K
= 12.56%
The pretax margin of Esco Technologies, Inc. has shown some variability over the past five years. The margin increased from 5.42% in 2020 to 12.57% in 2019, depicting a significant improvement. However, in 2021, there was a slight decline to 11.28%, before rebounding to 12.41% in 2022 and 12.44% in 2023. This suggests that the company has been able to maintain relatively healthy levels of profitability before taking into account taxes and other non-operating expenses. It is important to note that the pretax margin can be influenced by various factors such as changes in revenue, operating expenses, and non-operating items, and should be considered alongside other financial metrics for a comprehensive analysis of the company's financial performance.
Peer comparison
Sep 30, 2023