Hologic Inc (HOLX)
Pretax margin
| Sep 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 | 865,100 | 560,500 | 628,300 | 676,100 | 673,900 | 910,200 | 1,205,300 | 1,588,100 | 1,855,300 | 1,944,400 | 2,150,500 | 2,361,000 | 2,567,400 | 2,398,300 | 1,736,700 | 1,001,700 | 262,000 | 207,900 | -264,700 | -257,800 |
| Revenue (ttm) | US$ in thousands | 4,030,300 | 3,960,600 | 3,969,300 | 4,030,400 | 4,038,300 | 4,056,600 | 4,465,800 | 4,862,700 | 5,226,100 | 5,391,700 | 5,493,600 | 5,632,300 | 5,662,700 | 5,317,300 | 4,535,800 | 3,776,500 | 3,295,300 | 3,324,800 | 3,387,100 | 3,367,300 |
| Pretax margin | 21.46% | 14.15% | 15.83% | 16.78% | 16.69% | 22.44% | 26.99% | 32.66% | 35.50% | 36.06% | 39.15% | 41.92% | 45.34% | 45.10% | 38.29% | 26.52% | 7.95% | 6.25% | -7.81% | -7.66% |
September 30, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $865,100K ÷ $4,030,300K
= 21.46%
The pretax margin for Hologic Inc has exhibited fluctuations over the past few quarters. It stood at 21.46% as of September 30, 2024, indicating that the company retained approximately 21.46% of its revenue as pretax profit. This figure has shown a notable increase from the previous quarter's 14.15%.
Looking back at historical data, the pretax margin has shown a mix of upward and downward trends. The highest pretax margin was recorded at 45.34% in March 2021, reflecting strong profitability during that period. However, there have been instances of lower pretax margins, such as the negative margins in the fourth quarter of 2019 and 2020, suggesting periods of financial challenges.
Overall, a higher pretax margin signifies better operational efficiency and profitability, while a lower margin may indicate potential issues with cost management or revenue generation. Hologic Inc's management may need to closely monitor and address factors impacting the pretax margin to ensure sustainable financial performance.
Peer comparison
Sep 30, 2024