Hillenbrand Inc (HI)
Pretax margin
| Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | -146,200 | 672,500 | 292,900 | 328,500 | -25,200 |
| Revenue | US$ in thousands | 3,182,800 | 2,826,000 | 2,315,300 | 2,241,400 | 2,517,000 |
| Pretax margin | -4.59% | 23.80% | 12.65% | 14.66% | -1.00% |
September 30, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $-146,200K ÷ $3,182,800K
= -4.59%
Hillenbrand Inc's pretax margin has displayed significant fluctuations over the past five years. In the most recent fiscal year, ending on September 30, 2024, the company reported a negative pretax margin of -4.59%, indicating that its pre-tax profits were insufficient to cover operating expenses. This marks a stark contrast to the prior year, where the pretax margin stood at a healthy 23.80%.
The pretax margin for fiscal year 2022 was 12.65%, reflecting a moderate level of profitability. In the preceding fiscal year 2021, the pretax margin was slightly higher at 14.66%, showing a relatively consistent performance in terms of pre-tax profitability.
However, in fiscal year 2020, Hillenbrand Inc experienced a negative pretax margin of -1.00%, suggesting financial challenges during that period. Overall, the fluctuation in pretax margin indicates variability in the company's ability to generate profits before accounting for taxes, warranting further investigation into the factors contributing to these fluctuations.
Peer comparison
Sep 30, 2024