Ethan Allen Interiors Inc (ETD)
Pretax margin
| 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 | Sep 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 85,446 | 93,983 | 106,544 | 121,109 | 141,025 | 911,270 | 914,003 | 912,301 | 899,650 | 120,149 | 106,550 | 92,515 | 76,428 | 39,232 | 19,698 | 6,782 | 14,189 | 22,587 | 33,735 | 40,748 |
| Revenue (ttm) | US$ in thousands | 646,141 | 664,729 | 704,624 | 740,509 | 791,146 | 1,224,074 | 1,235,417 | 1,240,349 | 1,208,177 | 766,074 | 745,377 | 716,110 | 684,846 | 598,414 | 571,226 | 566,974 | 589,837 | 682,187 | 710,242 | 732,820 |
| Pretax margin | 13.22% | 14.14% | 15.12% | 16.35% | 17.83% | 74.45% | 73.98% | 73.55% | 74.46% | 15.68% | 14.29% | 12.92% | 11.16% | 6.56% | 3.45% | 1.20% | 2.41% | 3.31% | 4.75% | 5.56% |
June 30, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $85,446K ÷ $646,141K
= 13.22%
The pretax margin of Ethan Allen Interiors Inc has shown fluctuations over the past several quarters. The company's pretax margin was relatively stable around 15% to 17% from Dec 2019 to Sep 2022. However, there was a significant spike in the pretax margin in Mar 2023 to Jun 2023, reaching unusually high levels of 73.98% to 74.45%. This spike may have been influenced by certain extraordinary or non-recurring events impacting the company's profitability during that period.
Subsequently, the pretax margin declined sharply from Sep 2023 to Dec 2024, ranging from 13.22% to 15.12%. This decline could indicate potential challenges or adjustments in the company's operations or financial performance during this period.
It is essential for stakeholders to further investigate the reasons behind these fluctuations in the pretax margin to gain a clearer understanding of Ethan Allen Interiors Inc's financial health and performance trends.