Haemonetics Corporation (HAE)

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 212,071 164,748 158,860 146,988 151,865 161,077 159,272 167,499 141,403 124,104 113,268 92,131 63,629 20,905 26,891 61,925 72,913 122,270 122,725 112,857
Revenue (ttm) US$ in thousands 1,360,824 1,373,515 1,361,223 1,333,895 1,309,055 1,270,181 1,239,232 1,218,534 1,168,660 1,129,246 1,083,714 1,026,126 993,196 953,223 933,825 903,414 870,463 883,926 902,525 945,605
Pretax margin 15.58% 11.99% 11.67% 11.02% 11.60% 12.68% 12.85% 13.75% 12.10% 10.99% 10.45% 8.98% 6.41% 2.19% 2.88% 6.85% 8.38% 13.83% 13.60% 11.93%

March 31, 2025 calculation

Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $212,071K ÷ $1,360,824K
= 15.58%

The pretax margin of Haemonetics Corporation has fluctuated over the periods analyzed. Starting at 11.93% in June 2020, there was a steady increase until December 2020, reaching 13.83%. However, there was a decline in the following quarters, dropping to 2.19% by December 2021. Subsequent quarters saw some recovery, with the pretax margin gradually improving to 15.58% by March 2025. Despite fluctuations, the company was able to maintain positive pretax margins throughout the period, indicating its ability to generate profits before accounting for taxes relative to its revenue. The highest pretax margin was observed in March 2025, reflecting an improvement in the company's operational efficiency and profitability.