Hillenbrand Inc (HI)
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 | 651,900 | 672,500 | 688,100 | 689,700 | 278,400 | 292,900 | 254,000 | 250,100 | 283,100 | 328,500 | 538,700 | 526,200 | 345,500 | 222,300 | 141,900 | 131,600 | 255,600 | 313,900 | 313,600 | 322,700 |
| Revenue (ttm) | US$ in thousands | 2,943,600 | 2,826,000 | 2,667,100 | 2,530,300 | 2,405,100 | 2,315,300 | 1,842,900 | 1,958,200 | 2,114,800 | 2,241,400 | 2,803,600 | 2,716,000 | 2,642,600 | 2,517,000 | 2,309,100 | 2,148,200 | 1,963,900 | 1,807,300 | 1,796,200 | 1,795,600 |
| Pretax margin | 22.15% | 23.80% | 25.80% | 27.26% | 11.58% | 12.65% | 13.78% | 12.77% | 13.39% | 14.66% | 19.21% | 19.37% | 13.07% | 8.83% | 6.15% | 6.13% | 13.01% | 17.37% | 17.46% | 17.97% |
December 31, 2023 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $651,900K ÷ $2,943,600K
= 22.15%
Hillenbrand Inc's pretax margin has displayed a fluctuating trend over the past eight quarters. The pretax margin stood at 7.38% in Q1 2024, indicating a decrease from the previous quarter's 7.68%. The pretax margin peaked at 10.68% in Q4 2022 and has been on a downward trajectory since then. Overall, the pretax margin has shown a gradual decline from its highest point to the current level in Q1 2024. This declining trend suggests that the company's profitability before taxes has been eroding over the recent quarters. Further analysis and investigation into the factors driving this trend are recommended to understand the underlying causes and evaluate potential strategies for improvement.
Peer comparison
Dec 31, 2023