Haynes International Inc (HAYN)
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 | 51,335 | 51,902 | 56,356 | 65,664 | 61,292 | 57,614 | 42,432 | 22,374 | 6,715 | -9,783 | -21,139 | -31,996 | -22,107 | -7,498 | 7,503 | 22,949 | 19,491 | 13,370 | 10,082 | 3,150 |
| Revenue (ttm) | US$ in thousands | 595,589 | 581,609 | 566,513 | 554,183 | 519,804 | 487,796 | 440,365 | 398,795 | 364,018 | 336,761 | 321,421 | 313,735 | 343,237 | 379,566 | 429,268 | 474,910 | 490,833 | 489,454 | 482,127 | 469,212 |
| Pretax margin | 8.62% | 8.92% | 9.95% | 11.85% | 11.79% | 11.81% | 9.64% | 5.61% | 1.84% | -2.91% | -6.58% | -10.20% | -6.44% | -1.98% | 1.75% | 4.83% | 3.97% | 2.73% | 2.09% | 0.67% |
December 31, 2023 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $51,335K ÷ $595,589K
= 8.62%
The pretax margin of Haynes International Inc. has displayed some fluctuations over the quarters in question. The trends indicate a gradual decline in the pretax margin from Q2 2022 to Q2 2023, followed by a modest increase in Q3 2023, and a subsequent decrease in the most recent quarter, Q1 2024.
The highest pretax margin was observed in Q2 2023 at 11.74%, while the lowest was recorded in Q2 2022 at 5.59%. Overall, the pretax margin has varied between 5.59% and 11.74% during the periods under consideration.
It is important for stakeholders to closely monitor these fluctuations in pretax margin as they can provide insights into the company's operational efficiency, cost management, and profitability levels over time. Further analysis of the factors driving these changes in pretax margin may be necessary to understand the underlying dynamics affecting Haynes International Inc.'s financial performance.
Peer comparison
Dec 31, 2023