Fortune Brands Innovations Inc. (FBIN)
Pretax margin
| 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 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 462,400 | 576,100 | 572,200 | 531,800 | 517,900 | 550,800 | 603,500 | 710,300 | 813,900 | 850,200 | 892,200 | 930,300 | 939,100 | 918,700 | 870,000 | 748,600 | 663,900 | 650,200 | 576,200 | 601,600 |
| Revenue (ttm) | US$ in thousands | 4,609,100 | 4,666,200 | 4,772,100 | 4,695,800 | 4,626,200 | 4,596,800 | 4,531,100 | 4,622,800 | 4,723,000 | 4,809,100 | 4,883,500 | 4,858,200 | 4,801,100 | 5,242,800 | 5,625,000 | 5,770,700 | 6,090,300 | 5,901,100 | 5,708,000 | 5,839,400 |
| Pretax margin | 10.03% | 12.35% | 11.99% | 11.33% | 11.19% | 11.98% | 13.32% | 15.37% | 17.23% | 17.68% | 18.27% | 19.15% | 19.56% | 17.52% | 15.47% | 12.97% | 10.90% | 11.02% | 10.09% | 10.30% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $462,400K ÷ $4,609,100K
= 10.03%
Fortune Brands Innovations Inc.'s pretax margin has shown fluctuations over the period from March 31, 2020, to December 31, 2024. Initially starting at 10.30%, the pretax margin slightly decreased to 10.09% by June 30, 2020. Subsequently, there was a moderate increase to 11.02% by September 30, 2020, and further to 10.90% by December 31, 2020.
The pretax margin exhibited stronger growth from March 31, 2021, onwards, reaching its peak at 19.56% by December 31, 2021. Thereafter, there was a slight decline to 19.15% by March 31, 2022, and a gradual decrease to 10.03% by December 31, 2024.
Overall, the trend in the pretax margin demonstrates periods of both growth and contraction; however, it's important to further investigate the underlying factors driving these fluctuations to gain a deeper understanding of the company's financial performance.
Peer comparison
Dec 31, 2024