Innospec Inc (IOSP)

Pretax margin

Dec 31, 2024 Sep 30, 2024 Jun 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
Earnings before tax but after interest (EBT) (ttm) US$ in thousands 38,800 190,400 192,300 184,700 174,300 174,500 175,800 181,300 184,600 172,000 153,900 151,600 134,100 130,700 120,100 26,300 39,700 53,900 71,500 155,700
Revenue (ttm) US$ in thousands 1,845,600 1,873,500 1,894,100 1,939,500 1,948,800 1,964,800 2,013,700 2,000,900 1,963,700 1,866,200 1,729,300 1,616,200 1,483,400 1,380,200 1,269,200 1,159,600 1,192,200 1,272,800 1,379,600 1,497,100
Pretax margin 2.10% 10.16% 10.15% 9.52% 8.94% 8.88% 8.73% 9.06% 9.40% 9.22% 8.90% 9.38% 9.04% 9.47% 9.46% 2.27% 3.33% 4.23% 5.18% 10.40%

December 31, 2024 calculation

Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $38,800K ÷ $1,845,600K
= 2.10%

The pretax margin of Innospec Inc has fluctuated over the period provided. It ranged from a high of 10.40% on March 31, 2020, to a low of 2.10% on December 31, 2024. The trend shows a gradual decrease in the pretax margin from 10.40% in March 2020 to 2.10% in December 2024, with some intermittent fluctuations along the way.

Despite the fluctuations, the pretax margin generally maintained a range between 8% and 10% in the recent periods. This indicates that Innospec Inc has managed to maintain a reasonable level of profitability before taxes, although there was a significant drop at the end of 2024.

Overall, the pretax margin analysis suggests that Innospec Inc has shown resilience in maintaining profitability levels, but stakeholders may need to investigate the factors leading to the significant decrease in the pretax margin at the end of 2024 to ensure sustainable financial performance in the future.