Godaddy Inc (GDDY)

Pretax margin

		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	Jun 30, 2019	Mar 31, 2019
Earnings before tax but after interest (EBT) (ttm)	US$ in thousands	403,000	351,400	320,800	328,600	355,800	351,400	351,800	317,800	253,100	226,900	198,800	-527,900	-496,400	-505,600	-501,400	157,500	125,000	105,000	43,800	74,100
Revenue (ttm)	US$ in thousands	4,111,400	4,047,500	4,019,100	3,989,900	3,960,900	3,947,400	3,876,300	3,792,100	3,694,000	3,553,000	3,441,500	3,329,900	3,228,400	3,161,000	3,078,500	2,991,300	2,905,200	2,820,600	2,736,600	2,662,800
Pretax margin		9.80%	8.68%	7.98%	8.24%	8.98%	8.90%	9.08%	8.38%	6.85%	6.39%	5.78%	-15.85%	-15.38%	-15.99%	-16.29%	5.27%	4.30%	3.72%	1.60%	2.78%

December 31, 2023 calculation

Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $403,000K ÷ $4,111,400K
= 9.80%

The pretax margin of Godaddy Inc has shown some fluctuations over the past eight quarters. In Q4 2023, the pretax margin increased to 9.49% from 8.40% in Q3 2023, indicating improved profitability before taxes. However, this increase followed a decrease from Q2 to Q3 2023. The pretax margin has generally been in the range of 7.73% to 9.49% over the last two years, with the highest point recorded in Q4 2022 at 8.81%. Despite some quarterly variations, Godaddy Inc has maintained a relatively stable pretax margin, reflecting its ability to generate profits before taxes consistently.