Ethan Allen Interiors Inc (ETD)
Pretax margin
| Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 69,020 | 77,080 | 81,842 | 85,074 | 85,446 | 93,983 | 106,544 | 121,109 | 141,025 | 149,741 | 152,474 | 150,772 | 138,121 | 120,149 | 106,550 | 92,510 | 76,411 | 39,215 | 19,681 | 6,770 |
| Revenue (ttm) | US$ in thousands | 614,649 | 622,924 | 626,650 | 636,666 | 646,221 | 664,964 | 704,859 | 740,744 | 791,382 | 833,690 | 845,033 | 849,965 | 817,762 | 766,402 | 745,705 | 716,438 | 685,169 | 598,414 | 571,226 | 566,974 |
| Pretax margin | 11.23% | 12.37% | 13.06% | 13.36% | 13.22% | 14.13% | 15.12% | 16.35% | 17.82% | 17.96% | 18.04% | 17.74% | 16.89% | 15.68% | 14.29% | 12.91% | 11.15% | 6.55% | 3.45% | 1.19% |
June 30, 2025 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $69,020K ÷ $614,649K
= 11.23%
The pretax margin of Ethan Allen Interiors Inc demonstrated a noteworthy trend from September 30, 2020, through June 30, 2025. Starting at a modest 1.19% in late September 2020, the margin experienced a significant and consistent upward trajectory, reaching a peak of 18.04% by the end of December 2022. This optimal point indicates a period of effective cost management and improved profitability relative to revenue during this timeframe.
Following this peak, a gradual decline in pretax margin was observed, with values decreasing to 17.96% in March 2023 and continuing downwards to approximately 11.23% as of June 30, 2025. The decrease indicates a reduction in pre-tax profitability margins relative to revenues, possibly due to increased costs, competitive pressures, or changes in revenue mix.
Overall, the company's pretax margin reflects a significant expansion in profitability during 2020-2022, followed by a period of contraction beginning in late 2022 through mid-2025. The trend highlights a period of substantial operational improvement and profitability enhancement during the early part of the period, succeeded by a phase of narrowing margins.
Peer comparison
Jun 30, 2025