Haemonetics Corporation (HAE)

Pretax margin

Mar 31, 2025 Mar 31, 2024 Mar 31, 2023 Mar 31, 2022 Mar 31, 2021
Earnings before tax but after interest (EBT) US$ in thousands 212,071 151,865 141,403 63,629 72,913
Revenue US$ in thousands 1,360,820 1,309,060 1,168,660 993,196 870,463
Pretax margin 15.58% 11.60% 12.10% 6.41% 8.38%

March 31, 2025 calculation

Pretax margin = EBT ÷ Revenue
= $212,071K ÷ $1,360,820K
= 15.58%

Haemonetics Corporation's pretax margin has exhibited fluctuations over the past five years, ranging from 6.41% to 15.58%. The margins for the periods ending on March 31, 2021, and March 31, 2022, stood at 8.38% and 6.41%, respectively, indicating a slight decrease in profitability. However, there was a significant improvement in the pretax margin for the subsequent years, with figures of 12.10% for March 31, 2023, and 11.60% for March 31, 2024, showing a positive trend in profitability.

The most recent data for the year ending March 31, 2025, reveals a notable increase in the pretax margin to 15.58%, indicating an improvement in the company's efficiency in generating profits before accounting for taxes. Overall, Haemonetics Corporation's pretax margin demonstrates variability, with recent years showing a positive trajectory and potentially reflecting effective cost management strategies and revenue growth.