Innospec Inc (IOSP)

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	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	150,300	149,100	141,700	140,800
Revenue (ttm)	US$ in thousands	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	1,513,000	1,511,400	1,502,600	1,498,300
Pretax margin		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%	9.93%	9.87%	9.43%	9.40%

December 31, 2023 calculation

Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $174,300K ÷ $1,948,800K
= 8.94%

The pretax margin of Innospec Inc has shown some fluctuation over the past eight quarters. In Q4 2023, the pretax margin was 8.95%, which was slightly higher compared to the previous quarter at 8.87%. However, it was lower than the margins seen in Q4 2022 at 9.40%. Overall, the trend in pretax margin has been relatively stable, hovering around the 9% range over the analyzed period. This indicates that the company is effectively managing its expenses and generating consistent profitability before taxes.

Peer comparison

Dec 31, 2023

Company name

Symbol

Pretax margin

Innospec Inc

IOSP

8.94%