Hologic Inc (HOLX)
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 | 865,100 | 676,100 | 1,588,200 | 2,362,900 | 1,006,600 |
| Revenue | US$ in thousands | 4,030,300 | 4,030,400 | 4,862,800 | 5,632,300 | 3,776,400 |
| Pretax margin | 21.46% | 16.78% | 32.66% | 41.95% | 26.66% |
September 30, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $865,100K ÷ $4,030,300K
= 21.46%
Hologic Inc's pretax margin has demonstrated fluctuations over the five-year period under review. The pretax margin was highest in 2021 at 41.95% and lowest in 2020 at 26.66%. The company experienced a significant decrease in pretax margin from 2021 to 2022, dropping to 32.66%, followed by a further decline in 2023 to 16.78%. However, Hologic Inc was able to improve its pretax margin in 2024 to 21.46%.
The fluctuations in pretax margin may indicate changes in the company's cost structure, revenue generation, or efficiency in managing expenses. It is crucial for stakeholders to dive deeper into the underlying factors driving these fluctuations to assess the company's financial performance and sustainability of its profitability.
Peer comparison
Sep 30, 2024