The Hain Celestial Group Inc (HAIN)

Pretax margin

		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	Dec 31, 2019	Sep 30, 2019
Earnings before tax but after interest (EBT) (ttm)	US$ in thousands	-82,862	-78,911	-191,131	-156,024	-130,715	-122,104	65,479	86,190	100,589	142,637	156,419	128,963	118,457	89,273	57,319	46,797	-74,202	-108,256	-185,247	-246,707
Revenue (ttm)	US$ in thousands	1,678,403	1,682,561	1,713,018	1,728,265	1,755,367	1,805,591	1,853,287	1,876,020	1,891,788	1,893,216	1,882,881	1,934,358	1,977,806	2,031,395	2,092,088	2,070,434	2,053,862	2,099,798	2,146,298	2,223,690
Pretax margin		-4.94%	-4.69%	-11.16%	-9.03%	-7.45%	-6.76%	3.53%	4.59%	5.32%	7.53%	8.31%	6.67%	5.99%	4.39%	2.74%	2.26%	-3.61%	-5.16%	-8.63%	-11.09%

June 30, 2024 calculation

Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $-82,862K ÷ $1,678,403K
= -4.94%

The pretax margin of The Hain Celestial Group Inc has fluctuated over the past few quarters. From Jun 30, 2019, to Jun 30, 2020, the pretax margin was negative, indicating that the company's expenses were exceeding its revenues before accounting for taxes. However, starting from Sep 30, 2020, the pretax margin turned positive and gradually increased to reach its peak at 8.31% on Mar 31, 2022, before slightly decreasing.

The company experienced a significant decline in pretax margin in the second half of 2022, reaching a low of -11.16% on Dec 31, 2023. This suggests that the company's expenses outpaced its revenues during that period. However, the pretax margin improved in the first half of 2024 but remained negative.

Overall, the trend in the pretax margin indicates fluctuations in the company's profitability performance over the analyzed period, with some quarters showing profitability and others showing losses before tax. Further analysis and investigation would be needed to understand the factors driving these fluctuations and assess the company's financial health and operational efficiency.