ESCO Technologies Inc (ESE)
Pretax margin
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 119,502 | 118,947 | 118,183 | 112,179 | 110,497 | 106,435 | 91,046 | 80,487 | 78,968 | 80,671 | 38,905 | 41,771 | 41,647 | 115,490 | 164,395 | 167,275 | 168,348 | 101,427 | 106,514 | 105,141 |
| Revenue (ttm) | US$ in thousands | 959,068 | 947,264 | 931,693 | 903,174 | 880,215 | 852,649 | 802,596 | 765,775 | 728,079 | 714,210 | 717,564 | 707,792 | 720,752 | 727,651 | 756,279 | 782,930 | 797,707 | 810,997 | 805,425 | 799,855 |
| Pretax margin | 12.46% | 12.56% | 12.68% | 12.42% | 12.55% | 12.48% | 11.34% | 10.51% | 10.85% | 11.30% | 5.42% | 5.90% | 5.78% | 15.87% | 21.74% | 21.37% | 21.10% | 12.51% | 13.22% | 13.15% |
December 31, 2023 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $119,502K ÷ $959,068K
= 12.46%
Esco Technologies, Inc.'s pretax margin has shown relatively stable performance over the past eight quarters, ranging from 10.18% to 12.57%. The trend indicates that the company has been able to maintain a healthy level of profitability before taxes despite some fluctuations. The highest pretax margin of 12.57% was recorded in Q3 2023, showcasing a strong performance during that period. Overall, Esco Technologies, Inc. appears to have consistent profitability levels as reflected in its pretax margin figures over the past two years, with a slight improvement in the more recent quarters.
Peer comparison
Dec 31, 2023
Company name
Symbol
Pretax margin
ESCO Technologies Inc
ESE
12.46%
Iridium Communications Inc
IRDM
-1.37%
Lumentum Holdings Inc
LITE
-14.93%