Eagle Materials Inc (EXP)
Pretax margin
| 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 | Jun 30, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 591,485 | 612,183 | 624,484 | 633,422 | 617,937 | 639,203 | 623,528 | 607,863 | 588,593 | 555,845 | 536,763 | 489,554 | 475,094 | 464,322 | 437,548 | 415,904 | 422,976 | 388,752 | 135,115 | 119,654 |
| Revenue (ttm) | US$ in thousands | 2,260,508 | 2,267,040 | 2,267,848 | 2,266,465 | 2,259,297 | 2,252,717 | 2,205,371 | 2,188,203 | 2,148,069 | 2,091,059 | 2,042,513 | 1,947,139 | 1,861,522 | 1,791,707 | 1,733,433 | 1,671,423 | 1,623,673 | 1,595,813 | 1,541,395 | 1,508,237 |
| Pretax margin | 26.17% | 27.00% | 27.54% | 27.95% | 27.35% | 28.37% | 28.27% | 27.78% | 27.40% | 26.58% | 26.28% | 25.14% | 25.52% | 25.92% | 25.24% | 24.88% | 26.05% | 24.36% | 8.77% | 7.93% |
March 31, 2025 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $591,485K ÷ $2,260,508K
= 26.17%
Eagle Materials Inc's pretax margin has shown a generally positive trend over the analyzed period from June 30, 2020, to March 31, 2025. The pretax margin started at 7.93% in June 2020 and gradually increased to 28.37% by December 31, 2023. This indicates an improvement in the company's ability to generate profit before tax relative to its total revenue.
However, there was a slight decline in the pretax margin to 26.17% by March 31, 2025. While this decrease may raise some concerns, it is important to note that the pretax margin remains at a relatively healthy level compared to the initial starting point.
Overall, the upward trend in Eagle Materials Inc's pretax margin from 2020 to 2023 reflects the company's effective cost management and operational efficiency. The slight dip in the pretax margin by March 2025 could be a result of various factors that would require further analysis to determine its implications for the company's financial performance.