ESCO Technologies Inc (ESE)
Pretax margin
| Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 129,889 | 127,039 | 125,373 | 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 |
| Revenue (ttm) | US$ in thousands | 1,011,553 | 989,298 | 978,104 | 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 |
| Pretax margin | 12.84% | 12.84% | 12.82% | 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% |
September 30, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $129,889K ÷ $1,011,553K
= 12.84%
ESCO Technologies Inc's pretax margin has shown stability and consistency over the past quarters. The company recorded pretax margins ranging from 10.51% to 12.84% in recent quarters, indicating a moderate level of profitability before accounting for taxes.
There was a notable decline in pretax margin from 15.87% in the fourth quarter of 2020 to 5.42% in the first quarter of 2021, but the margin gradually recovered and has been relatively steady around the 12% range since then.
Overall, the company has maintained a healthy pretax margin, which suggests efficient cost management and revenue generation strategies. The consistent performance in pretax margin indicates a certain level of operational efficiency and stability in the company's financial performance.
Peer comparison
Sep 30, 2024