Alphabet Inc Class A (GOOGL)

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	85,717,000	78,452,000	73,488,000	70,599,000	71,328,000	78,583,000	85,414,000	88,385,000	90,734,000	85,021,000	75,316,000	61,608,000	48,082,000	40,097,000	35,366,000	39,236,000	39,625,000	38,993,000	40,448,000	32,516,000
Revenue (ttm)	US$ in thousands	305,445,000	294,667,000	287,780,000	283,140,000	281,513,000	282,362,000	277,870,000	270,007,000	257,262,000	238,240,000	219,442,000	195,859,000	181,704,000	171,155,000	165,528,000	166,276,000	161,456,000	155,163,000	148,400,000	142,012,000
Pretax margin		28.06%	26.62%	25.54%	24.93%	25.34%	27.83%	30.74%	32.73%	35.27%	35.69%	34.32%	31.46%	26.46%	23.43%	21.37%	23.60%	24.54%	25.13%	27.26%	22.90%

December 31, 2023 calculation

Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $85,717,000K ÷ $305,445,000K
= 28.06%

The pretax margin for Alphabet Inc, a measure of the company's profitability before taxes, has exhibited some fluctuations over the past eight quarters. The pretax margin decreased from 27.89% in December 2023 to 24.81% in March 2023, before experiencing a slight increase to 25.38% in June 2023 and further to 26.40% in September 2023. Comparing to the previous year, there was a notable decline from 32.69% in March 2022 to 25.22% in December 2022, but it rebounded slightly to 27.86% in September 2022.

Overall, the pretax margin has displayed variability, with periods of both decline and recovery, indicating potential shifts in the company's profitability performance. It may be valuable for stakeholders to closely monitor future pretax margin trends and consider the factors influencing these changes.